Consumer Debt needs to be an Election Issue. Now. October 3, 2019 I’ve been in the business of supporting consumer debtors for nearly 20 years. In that time, I have observed a steady and alarming trend toward rising consumer debt and financial instability. This week, yet another report was released pointing to what is a … Continue reading Consumer Debt needs to be an Election Issue. Now.
WELCOMING A NEW VOICE: CANADIAN DEBTORS For about two decades now, I have worked with colleagues across the country to offer valuable services and support to Canadians facing crushing debt and insolvency. It has been a rewarding career journey as I know we have helped thousands move out of crisis and into financial stability. In … Continue reading WELCOMING A NEW VOICE: CANADIAN DEBTORS
Canadians not as confident about debt loads as Bank of Canada. October 24, 2018: Today, Bank of Canada Governor Stephen Poloz raised the benchmark interest rate a quarter-point to 1.75 per cent. In this announcement, Poloz was clear that this measure was taken to achieve a relatively consistent inflation target of between 2.5% and 3.5%. … Continue reading Canadians not as confident about debt loads as Bank of Canada
Inflation squeezes those in debt even harder. September 5, 2018: Today, the Governor Stephen Poloz, released the Bank of Canada’s most recent decision on national interest rates. As expected, he indicated there would not be a rate increase at this time, even while inflation rates continue to hover at the outer edges of their comfort … Continue reading Inflation squeezes those in debt even harder
20-year financial veteran Paul Murphy explains his system for building a realistic money management plan. If you’d like an expert to review your debt situation, you can contact your local 4 Pillars office here. After working in the finance industry for 20 years, there’s one truth that seems to be proven again and again: people … Continue reading A 10-step money management plan to organize your finances