Debunking 5 Financial Myths

Five misconceptions that could be hurting your bottom line

It can be hard to get a firm grip on your personal finances.  It’s a topic that is not often talked about in day-to-day life and a lot of lessons tend to be learned through trial-and-error.  Unfortunately, a lack of understanding and common misconceptions can often result in financial trouble — and it could all be avoided if the knowledge was available.

To help with this, Consolidated Credit put together the following infographic in an effort to debunk five common financial misconceptions that often lead consumers into financial distress. Learn these lessons, develop stronger strategies for success, and you will avoid dealing with problems in the future. Each lesson shows you how much you stand to lose, as well as what you can do to protect yourself and prevent more financial issues.

If you’ve already gotten into trouble because you didn’t have the knowledge you needed to plan ahead effectively, we can help. Call Consolidated Credit today at 1-800-632-1722 or complete our online application to request a free consultation with a trained credit counsellor.

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Use this infographic

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