September 16, 2014

A new survey of thousands of working Canadians by the Canadian Payroll Association (CPA) has found that a vast amount of people are living paycheque to paycheque. This means that it is becoming normal for Canadians to live with no safety net or emergency fund. Are you surprised? I’m not.

September 9, 2014

By Margaret H. Johnson

Have you seen this up and coming credit/banking industry product - Visa debit combo cards? Maybe you already have one in your wallet, but did you read the fine print? Let’s take a close look at the legal agreement and evaluate the pros and cons of the Visa Debit card.

Visa Debit card review - the pros, cons, and what you need to know

September 2, 2014

By Margaret H. Johnson

What happened to the ‘back to school’ part of back to school expenses? In my entire working career, I’ve never seen this one before.

Usually, in August, we would be busy cautioning parents to be careful with their expenditures. We would strongly recommend people stick to their family budget, or if you haven’t got one, then sit down now and try to do one. If you need any help, don’t hesitate to contact me or check our websites at: or

August 26, 2014

By Margaret H. Johnson

I’ve known about fake credit counsellors for a long time, and I hate to admit it, they are everywhere.

Some collection agencies have adopted the label of credit counsellor to make their collection activity sound and look less threatening. However, at the end of the day, their duty, their contractual duty, (contractual because they have been hired by the creditor to collect their debt) has been always to the creditor, not the debtor.

August 19, 2014

By Margaret H. Johnson

What is debt insurance? Debt insurance is never called debt insurance, it’s called mortgage insurance, balance protection insurance, and other names. Essentially this insurance is to pay back your creditors in the event of your death or life-threatening injury or illness, depending on the specific coverage. Debt insurance has more benefit for your creditors than it does for you, and here’s why: it’s expensive, the monthly premiums do not go down although the coverage does as the debt decreases over time, and it pays only that creditor for that specific debt. Of course it benefits you too if that is your only insurance option, but it isn’t.

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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