This post is written by 4 Pillars’ managing partner and financial literacy expert Paul Murphy. Paul has 20+ years of experience in the banking and financial service industry. Ryan, age 50, (name changed for privacy) ran a successful ad agency in a medium-sized Canadian city. Despite being a respected local business owner, his company began...Continue reading
As Frank Sinatra had crooned, love and marriage go together like a horse and carriage. If finance were part of this picture, it would be driving the carriage. Disagreements over the management of household finances have long been known to be a source of major stress on a relationship and, not uncommonly, lead to divorce....Continue reading
Do you have debt? Stop waiting to deal with it In helping my 4 Pillars Victoria clients experience debt relief I am always shocked to hear that it took them an average of 2.5 years until they finally came to my door so I could help them. As soon as a person begins the...Continue reading
We have all been through challenging times in our lives when we have to make hard financial decisions. From job loss, sickness, injury, to marital breakdown. These are all situations that can affect our ability to pay our debts. These situations obviously lead to an extreme amount of stress being felt by all of the...Continue reading
Steve and Paula thought they were doing OK financially. Steve had steady and reasonably decent income, and Paula had a lower paying job, but between the two of them, they had enough to make ends meet and begin to get ahead. They bought a modest house, in keeping with their income. Then the problems started. ...Continue reading
Help! My credit card debt is out of control! Credit cards can be a great tool, if you know how to use them wisely. Unfortunately it can be all too easy to fall into the trap of buying more than you can afford and end up making minimum payments only, while never really paying it...Continue reading
Debt Settlement: A Permanent Vacation from your Debt All summer long you’ve listened to friends tell you about their fabulous vacations. They’ve blogged about grand adventures, posted pictures of amazing escapades, and regaled you with humorous antidotes about that time they did that thing. And when they get around to asking about your summer, you...Continue reading
Personal Debt: The house guest who won’t leave You’ve tried to be polite. You’ve dropped subtle hints. You’ve even short sheeted the bed in the guest room. But still, you’re stuck with a guest who refuses to leave. A once welcome friend or family member who now eats all your food, runs up your phone...Continue reading
Debt Settlement – Time for your Wake Up Call. Aren’t you tired of it all? The nagging worry… The excuses …The shame. If living with debt is a nightmare you can’t escape, this is your wake up call. Hitting the Snooze Alarm You’ve tried managing your debt. Making your minimum payments. Taking out an extra...Continue reading
4 Pillars Personal Debt Restructuring – Growing up in Debt Cara got her first credit card when she was in University. They were practically giving them away back then. It was followed by a popular department store card and another credit card. By the time she graduated, Cara was carrying a small credit card debt. ...Continue reading
