This is the true story of a man who lost his business and fell deep into debt. We asked him to tell his story. These are his words which we’ve left unedited. This is a 7-part series and we will be following his progress. Month One: Birthdays, Bankruptcy, and Debt Rock Bottom There were...Continue reading
The amount of debt many graduates are leaving school with means they are delaying big life decisions such as buying a car, buying a house, getting married and having kids. This ultimately has an effect on us all and the overall economy. It also means many of our children are rethinking higher education, pursuing different...Continue reading
There are a number of life events that can generate an enormous amount of financial stress, and lead us to incur significant and unwanted debt. It may be as superficial as trying to keep up a lifestyle beyond what our income allows, or as life-altering as a failed business, divorce or serious illness.Continue reading
Here’s a true story about a teacher with a 60K salary who couldn’t get ahead because of student loan debt. It’s a sad reminder that education has become a financial chain, rather than head start for many young Canadians. A few months ago, I helped a teacher drowning in student loan debt. The sad thing...Continue reading