As Canadians struggle to adapt to the new measures in place to flatten the curve of Covid-19 infections many are facing financial uncertainty. Although the Government has released an Economic Response Plan, details are not always easy to understand, and they don’t all cover the challenges facing many Canadians. Below are answers to the questions … Continue reading Frequently Asked Questions: Personal Finance During Covid-19
Q. Is now a good time to deal with my debt or wait and try to use the payment relief programs the banks are offering? This is a question we are being asked every day throughout our 4 Pillars offices. Prior to this crisis, millions of Canadians were already struggling to pay off their … Continue reading 5 Reasons to deal with your debt now vs using payment deferral programs
How to prioritize payments during COVID 19 Our lives are on hold and for a large number of us, so is our income. Millions are now grappling with the reality that expenses and interest charges will continue to pile up as unemployment and social distancing become the new norm. There’s help on its way through … Continue reading How to prioritize payments during COVID-19
Just the facts: Canada’s Covid-19 Economic Response Plan Recently the Federal Government announced $52 billion in funding to help Canadians and businesses who are facing hardships as a result of Covid-19 – including a $2,000+ a month benefit to workers directly impacted by the virus. Details on these new Government funds and programs are being … Continue reading Just the facts: Canada’s Covid-19 Economic Response Plan
5 Tips to Curb Boredom Spending during Covid-19 As more and more countries put strict social distancing guidelines in place to slow the spread of Covid-19, one of the unfortunate side effects is more time spent online. During China’s main quarantine period in February 2020, QuestMobile noted that daily time spent online via mobile internet rose … Continue reading 5 Tips to Curb Boredom Spending during Covid-19
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