Helping Canadians Get Out of Debt
If there’s one thing you should teach your kids, it’s how to manage their money. Unfortunately, this isn’t something they’ll learn much about in school, so it’s on you as parents to make sure they understand how to manage their money and more importantly, stay out of debt.
Tailor what and how you teach your child to their age, but here are 4 things every child should know about debt.
Continue reading “Teach your Kids these 4 Things about Debt”
Inflation has hit almost every aspect of our lives, especially at the gas pump. When gas prices are high, it can make it harder to afford other essential costs, such as housing, utilities, minimum credit card payments, and groceries.
Since gas is necessary unless you can take public transportation, it helps to understand how you can save money at the pump.
Here are 5 great ways.
Continue reading “Is Your Gas Tank Bigger Than Your Cheque?”
It’s that time again, can you hear the bells ringing? That’s right, it’s time to head back to school. This year more than most represents a return to the familiar after the last two years of uncertainty and continually changing requirements.
School brings with it the need for new in the form of supplies and clothing which can really add up and stretch your budget to the max. With the proper planning, going back to school doesn’t have to cost a fortune as retailers understand and offer some great deals to help you save. You’re probably wondering how you can possibly navigate all these sales and take advantage of savings without getting pulled into buying what you don’t need while wondering how you are going to afford it all.
Continue reading “Back to School on a Budget”
Starting a plan to get out of debt and keeping that plan are often two different things. It’s a lot like starting a diet when the New Year starts. You start off good, but then a week or two into it, you quickly fizzle and go back to your old habits.
So how do you stop this from happening when you’re trying to get out of debt?
Here are many ways to stay motivated to get out of debt.
Continue reading “How to Stay Motivated when Getting out of Debt“
You’ve likely felt the effects of inflation already. Your grocery and gas bill probably felt it first. Suddenly it costs a lot more to feed the family or fill your gas tank, but these are things we need so we have to adjust elsewhere, right?
One area many people struggle is managing debt during inflation. If your wages don’t keep pace with inflation (most don’t), then keeping up with your debts may feel impossible.
Here are a few ways to help you manage debt with inflation rising.
Continue reading “How to Manage Debt with Inflation on the Rise”
Managing your personal finances can feel overwhelming at times. There are many terms, definitions, and responsibilities to understand that it’s easy to feel lost.
We’ve covered the top financial terms everyone should know and understand to help you stay on top of your personal finances below.
Continue reading “Financial Terms Everyone Should Know”
How much debt is too much? It can feel impossible to tell, especially since any debt can feel burdensome. But there are a few ways to tell that you have too much debt and that it’s time to do something about it.
Before you use a credit card or take out a loan, it’s important to determine if you can afford the payment. If it will put you over the edge, it’s too much. Here are some other ways to tell if you have too much debt.
Continue reading “Warning Signs you May Have too Much Debt”
Social media is a way of life for most of us, but did you know it could affect your spending? You may not even realize the direct connection, but we’ll show you ways that you might be spending more than you intended all because of your Instagram or Facebook feeds.
How often do you watch someone’s feed and think poorly of yourself? Maybe they have something you don’t, or you want to be just like them. What do you do?
Continue reading “How Social Media Affects our Spending”
It’s a common debate consumers face – do you pay down your debt or save money? You want to get rid of your debt, but you also need money saved for emergencies, so what do you do?
What if you could have the best of both worlds?
If you pay down your debt but continue ‘paying yourself’ the interest, you’ll get out of debt AND save money.
Here’s how!
Continue reading “Pay Down your Debt and Put the Interest Money Toward Savings”
Today our CEO was invited to speak with Hal from CJOB on how to handle the post holiday finances.
Take time to listen for tips on what to do when the bills start arriving and where you can turn for help.
It’s time to take control of your debt. Speak to one of our credit counselors today.