Leamington
When is Budgeting Not Advisable? In its purest form, budgeting involves making sure you’ve got enough income to cover your regular monthly expenses. Some Canadians can’t (or won’t) budget to manage their finances. As a result, those people end up not knowing who to pay and when. Something else that’s concerning is they often fall … Read more
There’s no denying that Canadians love to spend money. The trouble is, most people are spending money they’ve borrowed from financial institutions such as banks! Consumer spending is not a new thing; people have borrowed money for centuries to buy items beyond their means. One of the most common examples is when individuals take out … Read more
A brief introduction to RESPs RESPs (Registered Education Savings Plans) enable parents or grandparents to save towards their child or grandchild’s education. If you put money into an RESP, the government will boost the fund by adding a contribution. A survey conducted by Ipsos suggests that around 50% of parents of children aged between 14 … Read more
In Canada, high debt is the “new normal” and this is a worrying situation to be in. Even though high debt is becoming more and more common, people do not seem to be concerned with the amount of debt that they have and they simply accept it. This means that people are far more likely … Read more
Are you lost in a confusion of debt and are looking for help? Befuddled as to the best route out of your financial problems? You are not alone, as this is how many people feel when they consider the debt relief options available. In fact, to the uninitiated, the road to becoming debt-free can seem … Read more
Your Rights With Cell Phone Contracts There are more than 31 million active mobile phones in use across Canada, and each and every one of them will be on some form of a mobile phone contract. Despite so many people having mobile phones, very few people seem to be fully aware of what they are … Read more
How to Take Charge of Your Financial Future It’s impossible to predict what your financial situation will look like in the future. The best course of action is to protect your finances and do everything you can to ensure that you’re saving money, avoiding debt and planning ahead. Need Help Reviewing Your Financial Situation? Contact … Read more
What Financial Professionals Do I Need to Know? Sometimes life can throw you a curveball and you just have no idea how to deal with it. When things like this happen, you need to make sure that you have the right people by your side. Need Help Reviewing Your Financial Situation? Contact a Licensed Trustee … Read more
Dangers of Using Credit Card Reward Point Programs Credit card points and reward systems are used as incentives by the vast majority of credit card providers, but are they really a “reward” or are they just costing you money? Need Help Reviewing Your Financial Situation? Contact a Licensed Trustee for a Free Debt Relief Evaluation … Read more
Why Your Attitude is Important When Dealing With Money Troubles One of the most common reasons that people end up in a difficult financial position is that they take the wrong approach to money. That is why rethinking your money attitude is so important if you want to avoid debt and secure your finances for … Read more
Regardless of how much money you have in the bank, you are always at risk of a financial crisis if you have high debt obligations. Unfortunately, it’s easy to slip into a cycle of debt and when people are able to make their minimum payments, they often assume that their finances are stable. However, that … Read more
Unsecured creditors shouldn’t be able to take your vehicle – right? Well. It’s not quite that straightforward, so you should read on. If you’re in any type of debt and it’s gotten out of hand, it’s important to know all the facts about how unsecured creditors can legally go about recovery. Knowing the facts about … Read more
You may have heard the term insolvency before, especially if you have been considering different debt relief options, but what does it mean to be insolvent? In basic terms, if a person is insolvent, it means that they are unable to meet their debt obligations or their debts far outweigh your assets. The official definition … Read more
Guide to The Office of the Superintendent of Bankruptcy If you require debt relief or information on assistance with financial issues, credit, and bankruptcy, the Office of the Superintendent of Bankruptcy (OSB) could help you. However, this office is not something that everybody knows, which could severely affect their financial situation. Need Help Reviewing Your … Read more
Money worries can affect performance and productivity at work. As an employer, it’s beneficial to offer assistance to employees who may be struggling. This guide provides useful information about services for employers and employee assistance programs (EAP). Did you know that the average Canadian adult spends two hours a day worrying about money? If you’re … Read more
https://www.narcity.com/news/ca/living-wage-in-canada-differs-between-provinces-but-its-pretty-bad-all-around Did you know that 40% of Canadian adults are worried that they will never be debt-free? One of the most common problems Canadians face is earning enough to cover household costs, and this is largely due to a significant difference between the minimum wage and a living wage. Statistics suggest that around 40% of … Read more
How Do Judgements, Liens and Garnishments Work? If you’re in a tricky financial situation, it’s essential to understand your rights. This guide will provide a detailed overview of judgements, liens and garnishments in Canada. It’s understandable to be worried or anxious if there is a judgement against you, or you run the risk of having … Read more
Debts After Death Are you wondering what happens to debt in the event of someone’s death? This article will tell you everything you need to know. A recent report has revealed that an alarming number of people are expected to die with a certain level of debt hanging over them. But does death really give … Read more
How to Avoid Overspending What is the best way to stay out of debt? Ensuring you have enough money to make any vital payments every month. In short, this starts by curbing your spending. So, here are our ten best tips to keep you from overspending: Need Help Reviewing Your Financial Situation? Contact a Licensed … Read more
In Default on your Loans? Learn What To Do There are many reasons you might need a loan. Many people obtain secured loans to buy a house or car, while some people use credit cards as a way of borrowing money. Regardless, you must stay up-to-date with all of your repayments. When it’s time to … Read more
