COVID Debt Relief for Canadians
FINANCIAL RECOVERY FROM COVID-19. ELIMINATE YOUR DEBT! Is your financial life impacted by COVID-19? Do you want to turn your financial life around? If you answered yes to these questions…
It’s All About the Money
OWN YOUR POTENTIAL engage, explore, evolve Potential: (adj.) Capable of being but not yet in existence. (Noun)The inherent ability or capacity for growth, development, or coming into being. “What is…
Consumer Proposals
Are you in debt and weighing your alternatives to bankruptcy? You're not alone. Consumer proposals are a rising trend in Canada, with good reason. Not only do they provide debt…
Credit and Debt – The Good, The Bad and The Ugly
Yesterday the boiling hot news of the day was a 25% interest bearing car loan to a BC couple. The story involved the TD bank and a family that had gone bankrupt recently. It raises a number of troublesome questions.
How Much Debt Can We Handle?
Part 1
Trans Union, one of the largest Credit Reporting Agencies in Canada, released a report this week informing the public that debt levels are rising, but we are managing okay. Sounds good, but, what does it mean?
The short answer: I don’t know.
How much debt people can handle, manage, or afford is really quite complex. Is it $25,000? $50,000? $100,000?
Living Pay Cheque to Pay Cheque
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.
