2016 – Your Year of Financial Recovery

Did you meet your financial goals for 2015? Or did you track your expenses for a couple of months and then fall back into old habits of spending without accountability? Have you already forgotten about your 2016 financial New Year’s resolutions? Media coverage on the high level of debt Canadians are carrying may make you feel better about your own situation – you are in [...]

2016 – Your Year of Financial Recovery 2017-12-05T19:59:37+00:00

Spring clean your finances too

Finally, the weather is warmer and we can come out of our winter hibernation. We feel the urge to spring clean our residences and our yards. Spending time outside also allows you to avoid those never-ending phone calls from collection agencies. Now is not the time to avoid your debt – spring clean it – just as you would your house and gardens. Here [...]

Spring clean your finances too 2017-12-05T19:59:44+00:00

Consumers Beware – Gift Cards

It’s that time of year when we are all overwhelmed with seasonal events and Christmas shopping. What is the perfect gift for that person who has everything? A gift card or certificate seems like the ideal solution. A few ideas you may want to consider before spending your hard earned money: Purchase gift cards/certificates from a long standing, reputable business. Unfortunately, if the business closes [...]

Consumers Beware – Gift Cards 2017-12-05T19:59:50+00:00

Start 2014 off right by paying down debt

Did you overspend in 2013? Did you purchase more than you can afford over the holidays? Those bills are likely piled up on your desk – or perhaps even unopened – and you’re wondering how everything is going to get paid. You are not alone. Paying down debt is a top priority for Canadians in 2014 according to a poll from CIBC. The results [...]

Start 2014 off right by paying down debt 2017-12-05T20:00:37+00:00

How to Deal with Collection Agencies

Sometimes it’s hard to manage your debt load – especially if there’s been a job loss or an illness and you have fallen behind on your payments.  Once you have missed a few payments, your creditors will likely forward your debt to a collection agency. Your phone starts to ring and a collection agent pressures you to make payments.  Some of the calls may [...]

How to Deal with Collection Agencies 2017-12-05T20:00:59+00:00

Budgeting should be a family event

Are you on an emotional roller coaster ride each time your child asks for something? Do you feel as if there’s too much of the month left when your money runs out? There are pizza lunches, school fundraisers music lessons, gymnastics – the list goes on. If your children are regularly in need of money, then it’s time that they learned the value of [...]

Budgeting should be a family event 2017-12-05T20:01:08+00:00

Getting credit as easy as 1-2-3

Using credit is an easy temptation if you’re short of cash. For many consumers, credit is readily available in the form of a credit card, making it too easy to overspend. If you are not physically handing over cash, it seems as if you’re not spending real money. Credit cards do offer flexibility and convenience and can help you manage your money, if you [...]

Getting credit as easy as 1-2-3 2017-12-05T20:02:03+00:00

Beware of payday loans

It seems like a quick, easy fix. You’ve found yourself short of cash until your next paycheque, so why not get a payday loan to carry you over?  These loans provide short-term funds or payday advances in small amounts. Typically, this type of loan is $1,500 or less for a maximum term of 62 days.   Money is advanced in exchange for a post-dated cheque [...]

Beware of payday loans 2017-12-05T20:02:09+00:00

Is there life after bankruptcy?

Filing for bankruptcy is not a life sentence –you will have your financial life back once the bankruptcy is discharged if you develop a new strategy for dealing with debt. The decision to file can be difficult and emotional since you are likely feeling embarrassed and disappointed in yourself. However, there may be a number of contributing factors such as job loss, divorce, or [...]

Is there life after bankruptcy? 2017-12-05T20:02:56+00:00

How to budget

Have you ever gone to the ATM machine and taken out cash, then before you realize,  it’s all gone and you’re left scratching your head as to where it all went?  It’s time to get in touch with your money and that starts with creating a budget. Okay, it may not be the most exciting thing for you to do, but it’s an important [...]

How to budget 2017-12-05T20:03:10+00:00