Learn how to effectively manage your money by budgeting, saving, and planning
Consolidated Credit has helped over 500,000 Canadians tackle their debt, but financial freedom doesn’t stop there. Debt is just one part of the picture – sound financial management can help you get out of debt and stay out of debt. Taking steps to improve every aspect of your personal finances will make life easier now and in the future.
The more work you put into your finances, the better results you will see. You’ll also be better prepared to handle challenges or emergencies when they arrive.
This section of our website covers personal finance from A to Z. You’ll find information and advice on how to maximize your financial outlook. If you have a question that is not covered here, or if you need some clarification or personalized advice, call our trained credit counsellors today at 1-888-294-3130.
A good household budget is the cornerstone of healthy finances. It will keep your spending on track and allow you to save money for important financial goals.
These resources will help you budget effectively:
Your credit score is a very important three-digit number that has a tremendous impact on your finances. Making the most out of your credit rating will help you borrow money with optimal interest rates.
These resources will help you build and maintain a strong credit score:
- Understanding Your Credit Report
- Understanding Your Credit Score
- What you need to know about Credit Repair
- How to Build or Rebuild Your Credit
- Credit in a New Country: Credit for Newcomers
Saving money is a simple but vital part of our financial well-being. Saving will help you achieve financial goals and it will also help you reduce your reliance on credit in times of need.
These resources will help you save:
Good financial literacy and strong financial planning will help you gain control of your money. We have developed a series of calculators so that you will have easy-to-use tools to help you get ahead.
- Credit card debt calculator
- Debt-to-income calculator
- Mortgage calculator
- Debt restructuring calculator
- Simple savings calculator
Experts agree that an investment in education is worth it. You will be positioning yourself for future success, but, you will likely need to go into debt to do it.
These resources will help you minimize your student debt:
- Affording College or University
- Budgeting 101 for Students
- Student Loans and your Credit
- Student Loan Repayment Assistance Plans
At the end of a long career of hard work and saving, Canadians deserve a relaxing and stress-free retirement. However, sometimes it is easier said than done and it takes careful planning to succeed.
These resources will help you build a comfortable retirement:
- Planning For Your Golden Years
- Start Your Retirement Planning Now
- How to Protect Against Fraud and Financial Abuse
The great milestones of life are usually expensive ones, and we also need to prepare for unexpected emergencies so that we are not caught off guard.
These resources will help you prepare for anything life might throw at you:
- Marriage & Money: How to Merge Your Finances
- Family & Finance: Financial Support for a Growing Family
- Divorce, Your Money & Your Credit
- Managing Your Finances after the Death of a Spouse
- Financially Surviving a Layoff
- Financial Strategies for Single Parents
- Talking Money with Your Aging Parents
- Travelling without Debt
- Disaster Planning – Before Disaster Strikes
- Disaster Planning – After a Disaster
- Holiday Survival Guide
- Identity Theft Prevention & Procedure
Women can face unique financial challenges when it comes to managing money. It’s important to understand how to address these challenges so you can be successful whether you’re on your own or running a household.
Here are some financial resources for women: