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 Funny how many of the experts now characterize this icon of financial planning as an old outdated belief that has been hit like dinosaurs by one of Darwin’s bullets.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!

July 10, 2012

What is the first thing that comes to your mind when you think of entertainment? And yes this is a Freudian question.

Is it food? Funny how this family expense crosses the line from essential and necessary to fun.

When does food become fun? Hmmm. Don’t answer that. Especially when you see the obesity rates for Americans.

June 28, 2012

Are You Confused About the Difference Between Various Debt Repayment Options?

Financial hardship can happen to anyone and it is often unexpected. A loss of employment, medical emergency or a change in personal circumstances, such as a divorce, can quickly put somebody behind on their bills. With personal consumer debt becoming an increasing concern for Canadians, Consumer Protection BC (CPBC) has noticed a growing number of new businesses entering the marketplace offering a variety of debt repayment or “debt solution” options.

June 22, 2012

Shown below is an actual letter that was sent to a bank by an 86 year old woman.

Dear Sir,

I am writing to thank you for bouncing my check with which I endeavoured to pay my plumber last month.

By my calculations, three nanoseconds must have elapsed between his presenting the check and the arrival in my account of the funds needed to honor it.

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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