September 24, 2012

A friend of mine received a call the other day from his 34 year old daughter, Renai. She was in tears when she revealed, “My mortgage payment and car payment are due and we don’t have any money. Our credit cards are maxed out. Can you help out?”

This wasn’t the first time he got a call of desperation over money. Before she had children, her high school-sweetheart now husband, Ray, and she danced a variety of tangos, fox trots, jives and the twist with credit cards. The good news – they managed to buy a house. The bad news – the price was too high.

July 27, 2012

With gas prices climbing rapidly in the last couple of years people are starting to really focus on the ways to save gas. Today we offer you 8 suggestions how you can save on fuel and still get where you need to be.

Use Internet
Before you hit the road, check the internet for places that offer gas prices. If you know you have to fill up on your next trip, go online to a website like www.gasbuddy.com or their IPhone App that shows you the gas prices in your area. You simply enter your location and get instant access to the lowest gas prices around you.

July 19, 2012

The reluctance of governments to tamper with credit card interest rates or merchant fees symbolizes the silent omnipotence of banks and financial institutions in the credit society. To even talk about it is considered blasphemous by today’s highest priests of finance and commerce. 

July 16, 2012

Here we go again folks. Freedom 55 is back on the radar screen. Funny how many of the experts now characterize this icon of financial planning as an old outdated belief that has been hit like dinosaurs by one of Darwin’s bullets.

One of the recent comments in the Vancouver Sun suggests that retirees and those who save are paying for this recession. Now, that opinion struck me as being a bit peculiar because nobody in Canada has yet admitted there is a recession. We’ve heard about the economy slowing down and blaming the debt crisis on Greece and other European countries but not a recession.

July 12, 2012

As promised before, we are posting some of the Q&As from the Ask Margaret: Live Q&A session with the President of Solutions Credit Counselling, Margaret Johnson, that took place on July 5, 2012. It was a great success! The questions you have asked were excellent. Stay tuned for the update on the next Ask Margaret: Live Q&A!

Remember, if you are experiencing financial difficulties do not wait. Call Solutions Credit Counselling at 1(877)588-9491 or fill out our Debt Consolidation Questionnaire and get your Free Credit Counselling Advice today.

For more information visit Debt Canada - your Canadian credit education centre.

If you are a woman in debt, speak with Women and Money first. We specialize in helping women with their personal and business financeMoney management advice you can count on!


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