Filing for bankruptcy is a difficult decision, but the decision is made even harder when you’re a renter. The ability to rent a place to live is very dependent on an individual’s credit history, with bankruptcy taking a major toll on one’s credit. As the cost of living has increased tremendously, more people in Canada...Continue reading
Have you ever wondered how and why people get into debt? And what really triggers the financial challenges we have all faced at some time. We know that debt can lead to disastrous consequences; it can destroy a relationship, lose our assets and everything we have worked so hard to create, and it can bring...Continue reading
Good debt versus bad debt. Is there a difference? We’ll break down the different types of debt below. Very few people have or can earn enough money to pay cash for life’s most important purchases: a home, a car or an education. The most important consideration when buying anything on credit or taking out a...Continue reading
The time we spend thinking about money is all consuming. Whether it is how to earn more money, or the necessity to spend money, thinking and worrying about money takes up a substantial portion of our lives. We can safely say that the vast majority of people would like to earn more money, have more...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
If you’re behind on your utility payments, don’t panic; there is help available to you. We have a full guide on how to unlock utility savings.Continue reading
What happens when you do a consumer proposal? How much can I save with a consumer proposal? What is the downside of a consumer proposal? What is consumer proposal process? Understanding the Consumer Proposals Consumer proposals are a valuable resource for individuals struggling with credit card debt. These services offer a way to save on credit...Continue reading
CERB has been extended….now what? Introduce the extension and highlight the fact that millions of Canadians are still on it. There is a huge challenge ahead for the early applicants of the CERB benefit. It was clear that the benefits would run for a maximum of 16 weeks. The benefit program runs from March 15...Continue reading
Debt Help: Not Everyone is an Expert “Beware of False Knowledge; it is more dangerous than ignorance.” George Bernard Shaw The road to hell is paved with good intentions When you live with a lot of debt, sometimes you ask for help from friends and family. A small loan to cover expenses, help...Continue reading
