May 26, 2014

By Margaret H. Johnson

The Canadian Centre for Policy Alternatives have recently published a new article on how much a living wage is for Vancouverites and other British Columbians. According to this report both parents need to be working and making at least $20.10 per hour for Metro Vancouver — or $36,582 annually for each parent working full-time. That’s $73.170 net income a year.

Statistics Canada has been publishing figures for what Canadians ‘spend’ their money on for many years and it just so happens that the 2012 amount for the average Canadian is $75,443.   Very similar or is it a good guess? I used to think that $75,443 was a bit high because so many of the individuals and families I see make so much less.

The bare bones monthly family budget as reported by the Canadian Centre for Policy Alternatives is as follows:

May 20, 2014

By Margaret H. Johnson

Many people seem to have the impression these days that debt is a necessary part of life, and is in fact okay. Doomsday speak of rising interest rates doesn’t have us too worried, and we believe that the big banks and government will step in to do whatever it takes to prevent a debt catastrophe. That may be a possibility, but putting aside the potential for interest rate spikes, there are other reasons to be concerned about our levels of debt.

May 12, 2014

By Margaret H. Johnson

If you are being pursued by debt collectors or worried that you will be, you might be wondering what is going to happen next and what you should do. How does debt collection work? What is the debt collection process? What are the debt collection rules and your rights?

May 7, 2014

By Margaret H. Johnson

We get a lot of great debt questions from our readers. In this post we’re going to share some of the best and most common debt questions we receive, along with our answers, so read on to find out what everyone wants to know!

May 1, 2014

We are pleased to announce that Jesse Sidhu has been appointed to Business Relations Manager for Solutions Credit Counselling Service Inc.

Jesse will pursue key relationships and collaborations with organizations that will compliment Solutions' long term goals and business objectives, while developing a team with a shared vision of excellence.

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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