March 18, 2014

By Margaret H Johnson

The old joke about the sure things in life used to refer to death and taxes. I think we need to add consumer debt to this list. Certainly if one considers the irrefutable fact that Canadians have borrowed more and more money each and every year – from $20 billion in the 1970s to the current outstanding consumer debt of $516 billion today. Debt is just as predictable as death and taxes.

March 11, 2014

By Margaret H Johnson

Don’t worry folks. This is not an essay on economics. It’s a cry for help for seniors. This week in the Vancouver Sun an article about how the majority of Canadians need CPP or a lottery win for retirement reminded me about how desperate the financial struggle of the elderly really is.

March 4, 2014

By Margaret H Johnson

T’is the season to be…..ah, um, jolly…. worried, maybe even frightened? 

As the end of February rapidly approaches, we are pressured to make some important financial decisions. One of the first is: “Do we pay down our debt or save on our taxes?”

 

February 25, 2014

By Margaret H. Johnson

OMG this has been a colourful year already with so much public attention being given to personal finance and household debt. This week alone there have been articles about retirement incomes, seniors and lotteries, the rising costs of cell phones, and statistics Canada’s annual report on household expenditures. In other words this affirms the overarching prominence of money issues for most individuals and families from middle and lower income groups in Canada.

February 18, 2014

By Margaret H. Johnson

This is going to be a very interesting year, indeed. Only ten days in and we see a story about debt. That’s different.

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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