Leamington
It’s easy for debt to spiral out of control. Whether you lose control of your spending or circumstances lead you into hardship, your debt can soon get out of control, leaving you unable to afford it. Not everyone knows where to get help with debt, or what options are available. If you’re worried that your … Read more
What Are The Early Warning Signs of Financial Problems? From time to time, people can get into financial trouble. Unfortunately, working out whether you have money problems isn’t always easy, especially if nobody ever trained you in financial matters. Debt is quite deceptive at the start. When you owe a small amount of money, interest … Read more
Should I Use My Home Equity to Consolidate Debts? Debt consolidation often involves taking out a loan to pay back multiple different creditors. This is usually subject to your credit score and requires you to have at least an acceptable credit history in order to apply for a debt consolidation loan. Once you’ve calculated all … Read more
Powers Collection Agencies Have in Canada Creditors don’t like waiting for late payments. While some may be more understanding or patient than others, most will pass your case to a collection agency if you fail to address the situation. Collection agencies can cause a lot of stress to debtors as they get in touch to … Read more
Alternatives to Bankruptcy For Those That Cannot Go Bankrupt Many debt relief programs have rightly become the equivalent of the Monopoly get out of jail card in the financial world. Ultimately, the clue is in the name. A plan that offers to relieve individuals from their debts provides a fresh financial start. For individuals who … Read more
Being able to communicate about money in a partnership is so important, as a big percentage of arguments that happen between couples are about this, according to studies. Family counselors agree that 40% of the time, money issues are a big contributing factor in why marriages and relationships fail. Every couple is unique, so being … Read more
Avoiding Money Troubles Most of us have struggled with money at one time or another to a degree, but it’s all too easy to kid yourself into believing that an issue you’re having with money isn’t as serious as it really is. However, sweeping this issue under the rug will mean that it steadily grows … Read more
Which Method is Better to Get out of Debt? There are various debt clearance methods. Two of the most popular are the debt snowball and high interest first repayment patterns. In this guide to the debt snowball method vs high interest first, we’ll look at each option in detail to help you decide which is … Read more
Why Should I Work With Bankruptcy Canada For Debt Relief? Bankruptcy Canada is the most popular bankruptcy website in Canada in terms of total visitors. We’ve been working extremely hard to provide Canada’s good citizens with financial support and advice since 1999, and always strive to provide the best possible help when you’re in need. … Read more
How to Survive an Economic Crisis At the end of 2019, the average Canadian debt rose 2.7% to $72,950. This is a startling figure that follows a trend where debt is becoming a severe issue in the country. Lots of people suffer from critical financial problems, which are aided by other factors in the outside … Read more
Why Interest Rate Announcements by the Bank of Canada are Important Canada’s central bank, the Bank of Canada is vital to our economy And yet many do not know why the interest rate announcements are so important to their everyday lives; thinking instead that it will only affect their banks instead. To help clear up … Read more
What is the 80/20 Money Management Rule? Some people love to manage their money. The idea of tallying every transaction on a spreadsheet is their idea of a fun night in. Others, though, aren’t so keen. If they wanted to fiddle about with figures on the computer all day long, they would have gone into … Read more
How to Achieve Financial Freedom We live in a consumer culture that encourages us to spend lavishly on anything and everything. Advertising and social expectations conspire to make many of us spend beyond our means, get into debt, and never achieve financial security. Fortunately, you don’t have to go down this financial path forever. By … Read more
How to Get Your Creditors to Listen to Your Concerns Often you take out debt with the best of intentions, believing that you can pay it back. Sometimes, though, your circumstances change, and you find yourself unable to meet your monthly obligations. When this happens, creditors get nervous and start sending you letters asking for … Read more
Learn How to Manage Your Money With These Helpful Tips Are debts caused by poor money management skills? Debt can start for a variety of reasons, including bad finance management. Unexpected expenses could creep up suddenly and crush your budget overnight, leaving debts in their trails. Something as banal as needing to repair your vehicle … Read more
How to Save Money for Your Financial Goals Whether it’s the latest video games console, a luxurious holiday or even a house, everyone has different financial goals in their life. Unfortunately, these large expenses can be very daunting to save for, especially given the impact it might have on our financial situation. We might even … Read more
If you’re facing looming debts in Alberta then you may be wondering what practical options you have available to you. Some people might consider a debt consolidation loan while others may be looking at claiming bankruptcy. There are a number of different solutions to help you cope with outstanding debts, but if you’re still employed … Read more
A Guide to Secured Credit Cards in Canada Did you know that the average Canadian household is over $20,000 in debt? And that’s not even including mortgage debt. Furthermore, they’re also spending 7.3% interest on average across their various debts. How did they get to this point? Is it because they lead extravagant lifestyles and … Read more
Preparing Your Finances For a Divorce or Separation It’s always difficult when a relationship or partnership that you hoped would last comes to an end. It’s possible that the situation leaves you stressed, depressed or unsure of which direction you should take your life in now. However, money complicates things further. If you were living … Read more
Net Worth & Debt You may have heard the term net worth thrown around in relation to millionaires and the wealthy. However, it also applies to everyday Canadian consumers such as yourself. Calculating your net worth may be worthwhile to help you evaluate your current financial health and plan for the future. It is important … Read more
