Life Events

The best financial strategies for major life events

Throughout our lives, we will have to overcome a variety of financial hurdles. Some of these may be expected, like marriage, while others may come as a complete shock, like dealing with a natural disaster. However, we believe that saving money and planning for major events is the best strategy for maintaining healthy finances.

There may be times in your life where you fall into financial turmoil through no fault of your own. Consolidated Credit is a trusted organization that you can turn to in times of need. Just call or fill out a free Debt & Budget Analysis today to get the help you need.

Marriage and money

Getting married brings its own set of financial challenges. We will help guide you through everything from your wedding day to how to manage your finances as a couple.

Family and finance

The average cost to raise a child is estimated to be around $250,000! If that doesn’t scare you, imagine having twins! But, as with most things, a solid financial plan can keep you on the right track. We will help you raise your children in the best way possible – while saving a little bit of money along the way.

Divorce, your money & your credit

It’s a sad truth that thousands of Canadians get divorced each year. Not only can this hurt your family, it can also severely damage your finances. We have compiled the major issues you need to think about during this difficult time in your life, and we give you valuable information to help you get through it financially.

Managing your finances after the death of a spouse

Dealing with the death of your partner can be extremely difficult. In this fragile state, it can be easy to lose track of your finances. Hopefully, our advice will help guide you financially through this trying time so you can focus on your own well-being.

Financially surviving a layoff

Losing your job can be a devastating blow to your financial health. However, the damage can be lessoned if you were prepared for this unfortunate run of events. Our tips will show you how to prepare for a job loss and what to do if you find yourself in this situation.

Financial strategies for single parents

A single parent has to juggle multiple responsibilities and it can be overwhelming at times. These challenges make it even more imperative that you have a financial plan to guide you. Our tips help you develop a financial plan targeted specifically to your situation so you can raise your children to the best of your ability.

Talking money with your aging parents

Many people find it difficult to talk to their elderly parents about financial issues. But, for their well-being, it’s important to take the time to discuss issues ranging from Power of Attorney to estate planning. Our guide will explain how to start the conversation with your parents and what issues you should be focusing on.

Travelling without debt

Everybody deserves a vacation now and then – but the last thing you want to do is end up in debt because of it. Our travel strategies will show you how to get the most out of a vacation without drowning in debt when it’s all over.

Disaster planning – before disaster strikes

Depending on where you live, you could be at risk from various natural and man-made disasters. Without preparation, a disaster could ruin personal finances. Our guide will explain how to prepare for the worst, so you end up in the best financial situation possible.

Disaster planning – after a disaster

The days, weeks and months following a disaster can be extremely tumultuous. You may be living away from your home with little or no income. Our tips will show you how to make the best out of this difficult situation so you can get back on your feet as soon as possible.

Holiday survival guide

Holidays can be expensive, but they can also be planned for. Shopping for gifts will be less stressful if you have prepared beforehand and can avoid using credit to make purchases. Our guide will show you how to get through the holidays without breaking your budget.

Identity theft; prevention & procedure

Cybercrime is a modern reality in our society. You can never be sure when someone may be trying to steal your personal information or attempting to gain access to your private accounts. Our tips will show you how to protect yourself and what to do if you become a victim.