May 23, 2012

Does anyone remember when cablevision was $5.00 per month and the telephone $12.00 per month? I do. And you know what? Those were the days before internet and high speed connections, or, in other words, before technology – as in email, ebooks, cell phones, iTunes and the zillion applications and other devices that go along with it – all costing more and more money.

May 16, 2012

If you are knee-deep in debt, you have likely noticed recent radio and TV ads featuring a well-known Canadian celebrity with a sonorous voice pitching a “debt-settlement” program that promises to pay off overdue loans at a fraction of the original amounts owed. Sounds too good to be true? Well apparently it is.

May 16, 2012

Don’t worry. I’m not advertising for Tim Hortons. I’m just amazed at how bold the advertisement above is. It tells us that you don’t need money, just a visa.

This is exactly the culture I’ve been trying to educate people about. If you don’t have money, yes it is a problem. If you don’t have money and you use your visa, then that is a bigger problem. It means you’re borrowing money – not just spending it.

May 15, 2012

The Better Business Bureau of Saskatchewan been receiving inquiries from consumers who have been contacted by debt relief services promising to lower rates and help with their debt.

BBB Saskatchewan has some tips to help consumers separate legitimate credit counselling services from scams:

May 11, 2012

Some people claim that the worst is over, that we’ve all seen the light and are on the road to debt freedom. In a Vancouver Sun article yesterday the banks have joined the chorus singing praises to Canadians for hunkering down to cool their debt obligations. The banks use the slow down in the economy as a reason not to raise interest rates. This is the reason people are borrowing less.

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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