Information About Bankruptcy, Money Management and Debt Help Tips
Recent Posts
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- Consumer Proposal vs. Debt Consolidation: Which is the Best Debt Solution for You?
Managing debt is a challenge. But it’s even more difficult with high interest rates that add to your principal and make it hard to lower your balance. What can you do when so many payments make your debt overwhelming? Consumer Proposals and debt consolidation are the two most popular debt relief opt … Read more »
- Credit Card Cash Advance: A High Interest Rate Debt Trap
A credit card is one of the most utilized financial tools for paying day-to-day expenses. Yet, they come with certain pitfalls—one of the most significant hazards being credit card cash advances. While a cash advance can offer a lifeline in a financial emergency, the high interest rates, transaction … Read more »
- Tipflation: How to Manage Tipping Pressures & Save Money
Tipping requests are appearing in more places than ever—a trend known as “tipflation.” According to a recent study by the Angus Reid Institute, Canadians report being asked to tip more (62%) and more often (64%) on almost any service.1 Beyond traditional sit-down restaurants, tipping is now expected … Read more »
- Canada Is Living Paycheque to Paycheque: Simple Debt Relief Tips
Nearly half of Canadians are living paycheque to paycheque. How come? Living on such tight margins leaves little space for savings or long-term planning and can lead to more debt risk. Let’s examine the reasons behind this financial strain and list some solutions you can use to manage your finances … Read more »
- The Bank of Mom and Dad—Personal Loans and Family Lending
If you have children or relatives who struggle financially, they might ask you for a personal loan. Should you lend them the money? That is a tricky question—personal loans to family members can hurt your finances, even if you feel obligated. Let’s look into the pitfalls and precautions related to f … Read more »