Household Credit: Use at Your Own Risk
We see signs everywhere regarding Household Credit that say "Use at your own risk" to warn us of the dangers. These signs are a substitute for the real thing. They…
We see signs everywhere regarding Household Credit that say "Use at your own risk" to warn us of the dangers. These signs are a substitute for the real thing. They…
If you are feeling overwhelmed by credit card debt, struggling to keep up with payments, or dealing with calls from collection agencies, know that you are not alone. Many Canadians…
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!
Jun 4, 2013
33 percent of Canadians are Broke!
My eyes opened up wide when I heard on the Lang O’Leary show yesterday that 33% of all Canadians are living from pay cheque to pay cheque according to a survey conducted by the Certified General Accountants Association of Canada. I say that living from pay cheque to paycheque is a loud resounding danger signal that you are either broke or short of money – and probably have maxed out your credit lines and credit cards.
What It All Means Coming to terms with insolvency is emotionally draining for people and the stress can be overwhelming. Constant calls from creditors/debt collectors at home and even at…
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