Articles by Debt.ca 149 articles
Housing & MortgagesWhat if my mortgage is not approved?
It’s devastating news to hear: the application for your mortgage is not approved. Whether it was for a new home purchase, a refinance, or a renewal,…
Housing & MortgagesWhat to Consider When Choosing a Mortgage
If a new home is in your immediate future, you must know what to consider when choosing a mortgage. When shopping for a mortgage, your first instinct…
Loans & CreditHow to Get Out of a Title Loan
Life is expensive - rent, mortgages, education, groceries, transportation and other expenses add up. Most of the time, you need some form of credit…
Budgeting & MoneyThe True Cost Of Lending Money To Family
We all know that blood is thicker than water and that family comes first. So when a close family member tells you they’re in a bind and could really…
Housing & MortgagesDoes Your Mortgage Count as Debt?
Sick and tired of credit card debt, lines of credit, collections calls, and generally being out of control with your spending? It's time to commit to…
Credit HealthHow to protect yourself from scams and fraud
By now, we're all aware that there are people trying to trick you out of your money and valuable information. It’s getting harder to spot a scam…
Budgeting & MoneyKeeping car costs from cleaning out your wallet
We live in a world where having a car is most often a necessity. It can make your life easier and open up new opportunities. This is a world of…
Budgeting & MoneyManaging Pet Care Expenses When You're In Debt
Pets are an important part of many people's lives . They provide love, companionship, and a sense of purpose. As much as we love our furry friends,…
Credit HealthHard Vs Soft Credit Check: What's The Difference And Why Does It Matter?
Most of us know what a credit check is, a quick evaluation of our perceived ability and likelihood to pay for debts. Lenders, landlords, and…
Loans & CreditPre-approved Credit Limit Increase: Go For It?
When offered a pre-approved credit card increase, your instinct might go one of two ways. The more frugally-minded will look at it with suspicion:…
Loans & CreditStudent Loan Repayment Terms Being Revamped
You could be one of the lucky Canadians that benefit from the recent changes to student loan repayment terms. The Government of Canada changed some…
News & CommentarySurvey Finds Consumer Debt is Making History (And Not In A Good Way.)
As you check your balance on your credit card statement, your heart sinks again, knowing how far you are in the hole. There is another perspective to…
Debt RepaymentNavigating The Holiday Season When You Have Debt
Having debt is not great any time of year, but November and December are the worst! Spending time with family and friends, plus all the holiday…
News & CommentaryGood vs. Bad Financial Knowledge - How to Tell the Difference
Many fear the possible recession happening as early as the end of the year based on GDP growth . Leading many Canadians to seek sound financial…
Budgeting & MoneyWhat Retirees Wish They Knew Sooner about Personal Finance Planning
Ultimately, every decision you make about money adds up to create your financial situation. Every charge on your high-interest credit card and…
Loans & CreditSimple vs. Compound Interest
Interest can be good or bad, depending on what’s happening to your money. Is your money safe in a bank account or an investment? Is it growing? Or is…
Budgeting & MoneyCash Flow Management - How Much of a Budget Buffer is Best
When things go wrong, as they sometimes will, solid cash flow management and a budget buffer can make all the difference. Whether your car needs…
Taxes & BenefitsCERB Repayment - Why some recipients are being told they must pay the money back.
The dire nature of the pandemic meant that the federal government had to act quickly. They created the Canada Emergency Response Benefit (CERB). This…
Debt RepaymentHow to Handle Awkward Conversations About Your Debts
Talking about the debts you owe is never easy. Regardless of the situation and who it involves, conversations about money are awkward. These…
News & CommentaryHow Different Generations Manage Money
How different generations manage money is an ever-changing topic. From saving to spending, each generation has different money habits. Do you think…
News & CommentaryWhen a “Good Deal” Turns Out to be A Raw Deal
A good deal is hard to resist. It’s like winning at retail therapy. Sometimes, good deals are an illusion. How do you know if a ”good deal” is…
Budgeting & MoneyFinancial Anxiety - What Is It and Tips for Managing it.
It’s one thing to worry about money enough to motivate you to stick to your budget. It’s a whole other thing to deal with financial anxiety that…
Loans & CreditThe Risks of Buy Now, Pay Later in Canada
Buy now, pay later (BNPL) is making waves in Canada. It's a tempting option for consumers who want or need an item but don't have the cash to pay for…
Budgeting & MoneyHow to Spend so You’re Saving Money
Digging out of debt is a big, necessary commitment. It feels like you’ll never be allowed to spend another dollar. Not to worry! Spending is a part…
Budgeting & MoneyMoney Lessons From Dad
Just ahead of Father’s Day we wanted to take a moment to celebrate all things dad! Dads aren’t only known for their good (okay eye-rolling) jokes.…
Budgeting & MoneyImpulse Buying: Cause and Effect
Spending money is a huge part of our economy. You work to earn money and then spend it on bills, make day-to-day purchases, and save some. Ideally,…
Budgeting & MoneyIs More Education Worth it? Do College Graduates Earn More?
Starting a career? You have an important decision to make: Should I get a college or university education? Or should I just get a job and see where…
Budgeting & MoneyIs a Side Hustle Right for Me?
You’re facing a pretty crappy situation. You have more month than money working your full-time day job. Credit cards helped at the beginning, but…
Budgeting & MoneyFind Relief from Debt by Turning Trash into Cash
As the saying goes, “One person’s trash is another person’s treasure.” Are you on a mission to get out of debt? Maybe you’re already budgeting and…
Budgeting & MoneyHow to Negotiate a Higher Starting Salary
If you've started a new job search, you are in one of the most powerful and important negotiating positions you'll ever be in. Starting salaries are…
Housing & MortgagesBorrowing Against Equity in your Home
Home equity is at an all-time high. Over the last couple of years, real estate prices have soared, sometimes as much as 30% compared to the previous…
Housing & MortgagesWhat is the Home Buyers' Plan?
It’s no secret that housing is a hot commodity in Canada. The housing market was booming even before the pandemic took it to record levels. For many,…
Credit HealthFraud Prevention Month - Protecting Your Assets and Personal Information
Many Canadians fall victim to scams and fraudulent activities. In 2021, the Canadian Anti-Fraud Centre (CAFC) recorded more than 106,000 reports of…
Credit HealthWhy Your Credit Score Matters in Retirement
Finally, retirement. Time to put your feet up, relax, and live off the money you've spent your life saving. For many, especially those reliant on…
Credit HealthWhy Insurance Companies Check Your Credit Score
If you're buying a house, car, or taking out a loan, you'd naturally expect a credit score check to be a part of the process. Many people are shocked…
Budgeting & MoneyEarning Money As A Teenager
A lot of people see earning money in a negative light. That's because many of us grew up with almost nothing in the way of education about money. We…
Taxes & BenefitsTax Brackets in Canada
Tax brackets for the 2025 tax year According to the Canada Revenue Agency, federal income tax rates are as follows: 14.5 percent on the first $57,375…
Budgeting & MoneyWhat To Do With A Financial Windfall
Most of us aren’t so lucky that we acquire a financial windfall very often. Any unexpected amount of money you get presents a bevy of opportunities.…
Taxes & BenefitsDisability Tax Credit
The disability tax credit (DTC) is a tax credit to help lessen the tax burden of those with a disability and their supporting person. In this…
Budgeting & MoneySetting a financial goal for the New Year
Setting a financial goal for the new year is very common and with good reason. A recent survey revealed that 77% of Canadians aren't able to cover an…
Debt RepaymentTackle Holiday Debt Now For A Clean Slate In 2022
Racking up holiday debt is easy. We know that. According to a recent survey from savings destination RetailMeNot.ca, the average Canadian spent…
Budgeting & MoneyHow Can Canadians Save Money During the Holidays?
Let’s be honest: it's hard to save money when the holiday season hits. However, we’re swiftly running out of disposable cash. But the pressures of…
Debt RepaymentCoping With Christmas In Debt
Having to spend Christmas in debt can be emotionally trying. There are a few occasions in our lives where much of our financial responsibility gets…
Taxes & BenefitsAre You Eligible for Employment Insurance?
Service Canada offers employment insurance benefits to Canadians who lose their working income. This financial relief is available for those…
Debt ReliefAssessment of an Individual Debtor
Canadians are seeking financial freedom and continuing to struggle. COVID came when personal debt was already at an all-time high. Shockingly,…
Taxes & BenefitsThe Canada Worker Lockdown Benefit
CWLB ended on May 7, 2022. As we approach the end of 2021, Canada is on its way to economic recovery, with employment now back to pre-pandemic…
Debt RepaymentDebt Prioritization: Which Debt should I Pay Off First?
One financial storyline that emerged from the past 18 months was the ability of Canadians to pay off high-interest debt. As a result, debt…
Budgeting & MoneyThe Gig Economy - Get a Gig to Get out of Debt
Debt is rising in Canada, with the average Canadian owing about $1.70 for every $1 of disposable income. Low-interest rates encouraged a steady rise…
Budgeting & MoneyCanada's Financial Literacy Month
November is Financial Literacy Month in Canada. Various non-profit organizations and community groups partner with the Financial Consumer Agency of…
Budgeting & MoneyMaking A Budget - How To Cut Costs While Saving Money
Making a budget and sticking to it can be one of the most difficult parts of paying off debt. It entails doing some heavy research into your own…
Budgeting & MoneyLooking for Cheap Hobbies And Free Activities?
You know being in debt is incredibly stressful. While you’re doing everything you can to get out, it’s important to stay healthy and active. Adopting…
Loans & CreditLine of Credit: Protecting Yourself from a Financial Emergency
Experiencing a financial emergency can be a harrowing experience. But it happens, especially nowadays. What can you do when paying interest on debt…
Budgeting & MoneyFinancial Infidelity and How to Overcome It
What is financial infidelity? Financial infidelity consists of hiding credit card purchases and other debts. It can even go as far as creating secret…
Budgeting & MoneyHow to Reduce your Food Budget
Savvy shoppers are always looking for valid food budget tips. And who could blame them? According to Canada’s Food Price Report 2021 , annual…
Credit HealthDoes owing to CRA affect your credit score?
Income taxes are a large financial obligation. Every individual files taxes every year. Some owe taxes. Some get a refund. If you own a business, you…
News & CommentaryThe 7 Best Personal Finance Books
Reading is good for your health. The benefits of reading books are abundant, heightened ability to empathize, cognitive decline prevention, lowered…
Loans & CreditCan debt consolidation help with payday loans?
If you’re looking for a loan these days, you have many options. There are thousands of bank branches across the country that offer lines of credit,…
Debt RepaymentHow To Dispute Debt Collectors and How to Approach Them
When dealing with a debt collector , it’s easy to feel anxious every time the phone rings. In fact, that stress contributes to debt denial, which…
Loans & CreditUnemployed Debt Consolidation Loans Explained
For one reason or another, unemployment affects many people at some point in time in their lives. At the moment, the unemployment rate in Canada is…
Budgeting & MoneyMoney Management - Make Your Money Count
Life is better when you’re on top of your finances. You feel more confident, secure, and relaxed when you’re not worried about money. Good financial…
Debt RepaymentWhat is the Snowball Method to Paying Down Debt?
Learn about the snowball method, one of the most effective techniques to paying off different kinds of debt with different interest rates.
Housing & MortgagesWhat is Foreclosure?
Millionaires still advise that real estate is the best investment. Even in a global pandemic, people continue to purchase homes. Just in 2021,…
Loans & CreditAPR vs Interest Rate - Knowing The Differences
At some point in life, most individuals rely on financing or credit. Certain life goals, such as buying a house or a car, are too expensive to…
News & CommentaryDebt After Death - Planning and Considerations
Debt is common across Canada. Canadians have a variety of debt, including mortgage debt, credit card debt, student loan debt, and more. Canadian debt…
Debt ReliefBankruptcy vs Default - The Differences Between Them
When it comes to bankruptcy vs default, many Canadians don't know the difference between them. Many of us carry debt and struggle to pay it fully or…
Taxes & BenefitsWhat To Do If You Haven’t Filed Taxes In 10 years
Many Canadians dread tax time. Tax season takes an emotional toll on us, as it increases strain on relationships, and instills fear of government.…
Loans & CreditHow Credit Card Debt Can Affect Mortgage Applications
Debt is universal. Most people experience some sort of debt in their lifetime. A significant number of Canadians experience outstanding debt, whether…
Housing & MortgagesCan Mortgage Be Deducted from Rental Income?
Real estate is still one of the best investments in Canada, even now in 2021. With so many forms of investment, real estate gives people the…
News & CommentaryDebt Quotes for Someone Who Owes You Money
Many people don’t know the basics of responsible spending. As a result, they plunge themselves into debt, which is a huge problem for many right now.…
Budgeting & MoneyYour Debt-to-Income Ratio Explained
Debt-to-income ratios are commonly used in the personal finance industry in Canada. The ratio assesses one’s ability to manage and repay debts. You…
Debt RepaymentShould you borrow from your life insurance to pay off debt?
Most of us have found ourselves in a financial jam at some point in our lives. If you’re looking for a loan, consider looking at your life insurance…
Credit HealthCredit Recovery: How to Rebuild Credit
A credit score may be only three numbers long, but it can nonetheless affect your life in big ways. As important as it is, not all of us have had the…
Loans & CreditA Guide to How Small Business Loans Work
Knowing how small business loans work is critical for any entrepreneur. Canada had 1,200,571 small businesses with 1-99 employees in…
Loans & CreditThe Best Banks for Small Business
Finding banks for small business operations is essential. Running a small business requires one to open a business account. There are bank services…
Credit HealthWhat are the Effects of Forbearance on my Credit Score?
Forbearance is when a lender and borrower have a special agreement to suspend or reduce your debt's monthly payments. To keep the record straight, it…
News & CommentaryOrderly Payment of Debts, A Bankruptcy Alternative
Folks who have debt problems consider various debt-relief options to overcome their financial situation. Most people in debt will likely think of…
News & CommentaryWhat is Unsecured Debt in Canada?
Do you know the difference between secured debt and unsecured debt? Everyone is probably familiar with the concept of debt. You borrow money that…
Budgeting & MoneyThe FIRE Movement: Retire Early?
The Financial Independence Retire Early ( FIRE ) movement is a personal finance model. It originated from the 1992 best-selling book “Your Money or…
- Debt Relief
Preferred Creditors of the Bankruptcy and Insolvency Act
BIA s.136 (Section 136 of the Bankruptcy and Insolvency Act) specifies the repayment hierarchy of preferred creditors. Every class of creditor will…
Debt ReliefOptions to Consider If You Want to Pay Off Your Consumer Proposal Early
People who have high-interest debts often apply for a consumer proposal to extend the period of their debt repayment or reduce the amount of what…
Debt ReliefAlternatives to Declaring Business Bankruptcy
There are several options for you when you want to solve the debt problem of your business, and some people resort to filing for bankruptcy in Canada…
Debt ReliefHow to Avoid Debt Settlement Scams
Managing debt is hard enough without having to avoid debt settlement scams. The fact that you’re having a hard time paying your debts should be a…
Debt RepaymentPaying Off Canadian Debt While Living in the USA
As a Canadian citizen thinking of relocating to the USA, it is always advisable to get your finances in order before finalizing the move. It may be…
Housing & MortgagesWhy Smart Renting Is The Key To Avoiding Debt
Smart renting, in this context, is the act of maximizing the benefits of renting a home or apartment. As many house prices continue to rise, and…
Debt ReliefHow To Choose The Right Credit Counsellor For You
Credit counselling is one of the ways to solve your debt and other financial problems. If you choose the right credit counsellor, he or she can help…
Credit HealthWhat is a Good Credit Score? Ranges and Factors
It’s crucial to know what a good credit score is if you’re building or maintaining healthy credit. If your credit score is good, you have a higher…
Taxes & BenefitsThe Importance of Hiring a Tax Resolution Firm
Hiring a tax resolution firm can help you if you have tax issues. It’s indeed intimidating to receive phone calls from the Canada Revenue Agency…
Budgeting & MoneyMobile Security Tips to Secure Data When Using Money Apps
According to 75% of mobile experts in Canada , mobile security and privacy are among the top concerns today, especially when people use mobile…
Budgeting & MoneyThe Benefits of Teaching Financial Literacy to the Youth
Teaching financial literacy to our youth is crucial. It allows them to know the importance of money and in making the right financial decisions in…
Budgeting & MoneyThings You Need to Consider When Sharing Your Financial Data
Sharing financial data is a common practice for companies and institutions offering financial services. That's why there are some things you should…
Loans & CreditTips To Pay Off Your Credit Card Debt in Canada
A debt free financial life requires you to pay off your credit card debt. It's a dream for everyone. Not only in Canada, but in all parts of the…
Loans & CreditWhy Credit Card Interest Rates are High
Today you can get a 5-year fixed-rate mortgage for under 3 percent and a secured line of credit for as little as 3 percent, so why are credit card…
Loans & CreditImportant Terms to Know in Your Credit Card Agreement
Do you understand the credit card agreement you're getting into before you sign up? A lot of people see their credit cards as a license to spend .…
Housing & MortgagesHow Lenders Price Mortgage Rates
Have you ever been at a barbecue and heard the great mortgage rate your neighbours got and wondered why you don’t qualify for the same great rate?…
Loans & CreditHow Can I Change My Student Loan Repayment Plan?
Ever ask yourself "Can I Change My Student Loan Repayment Plan?" If you’re having difficulty paying your student loan, there’s an option for you to…
Debt ReliefDebt Management Program Pros and Cons
Have you thought about the debt management program's pros and cons to getting out of debt? Many folks who have high-interest unsecured debt resort to…
Debt RepaymentDebt Settlement Negotiations: A Do-It-Yourself Guide
Considering debt settlement negotiations can be stressful. Debt is indeed a serious obligation that affects your finances and life in general. This…
Budgeting & MoneyThings You Should Always Buy at a Dollar Store
Dollar stores are great places for thrifty shoppers. But anyone who has ever used a dollar store cotton swab knows that there are just some things…
Debt RepaymentDealing with Debt Collectors - 10 Consumer Rights You Should Know
It’s indeed a pain in the neck if you're dealing with debt collectors several times a week. Some debt collectors are known to be rude, intimidating,…
Debt ReliefWhat To Look For in a Debt Relief Company
Choosing the best debt relief company can be a difficult task. Debt is a sensitive topic and many Canadians are not comfortable sharing information…
Loans & CreditUnderstanding Compound Interest and the Potential Damage
Understanding compound interest and the risks of unpaid debt is essential if you owe money. Accumulated interest can cause you to pay much more than…
Debt ReliefWhen Does Debt Consolidation Go Wrong?
Individuals considering debt relief often ask "When does debt consolidation go wrong?" People who are burdened with multiple debts often resort to…
Debt RepaymentNegotiate Lower Interest Rates to Speed Up Debt Payoff
Knowing how to negotiate lower interest rates on your debt successfully is an asset. However, paying off debt can be difficult. It often requires…
Debt ReliefIs debt settlement right for me? Consider this...
Asking "Is debt settlement right for me?" might not be the right question. There are some considerations to keep in mind when you seek debt relief.…
Debt ReliefWhat You Need to Know After A Consumer Proposal
For people who have debt problems, one of the best debt solutions to escape such a predicament is to file a consumer proposal. In the first quarter…
Debt Relief6 Signs You Need Credit Counselling
The signs you need credit counselling can be quite prominent. Experiencing financial trouble in your life is indeed a pain in the neck. And, of…
Budgeting & MoneyJoint Bank Accounts, What You Need to Know
Convenient access to pooled resources, higher savings, expense tracking, and successful budgeting have never been easier with joint bank accounts. In…
Loans & CreditEverything You Need to Know About Online Instalment Loans
Online instalment loans are a highly popular loan option for people who need to borrow fast cash. It differs from other types of loans because the…
Credit HealthTips for Lowering Credit Utilization Ratio
When lowering the credit utilization ratio, it's key to improving credit. However, you should watch out for the credit utilization on your credit…
Housing & MortgagesMortgage Stress Test Falling
The mortgage stress test rate has fallen once again. This is the third time since Covid-19 started. In this article, we’ll look at what the mortgage…
News & CommentaryPros and Cons of Debt Consolidation
Understanding the pros and cons of debt consolidation is pivotal when reviewing your options. It’s indeed a tough situation to get saddled with…
Taxes & BenefitsChildcare Subsidy for Canadian Parents
In this article, we’ll review what a childcare subsidy is and how it works. Figuring out how the child care subsidies work in your province isn’t…
Budgeting & MoneyStart Your Retirement Savings Plan Today
The younger you are, the harder it can be to imagine what retirement is going to look like. For some, retirement age is 40 or more years away. The…
Loans & CreditIs Co-Signing A Loan A Foolish Mistake? Learn Before You Loan
Co-signing a loan sounds like a great way to help someone in need. Usually, a friend or family member needs a loan or some other type of security…
Loans & CreditHow to Come Out Ahead on Credit Card Balance Transfers
Credit card balance transfers may be a good alternative to many other debt relief options. If you're currently stuck in credit card debt and feel…
Loans & CreditWhy Payday Loans Are an Awful Borrowing Choice
Are you among the 31% of people who believe they have too much debt? A recent survey cited that 73.2% of Canadians have debt or use payday loans to…
Debt RepaymentWays to Reduce Debt During Tough Times
If you're looking for ways to reduce debt while enduring the pandemic, so are many others like you. Debt is a challenge, and more so when you are…
News & CommentaryHousehold debt ratio rises to 176.9%
Canadian household debt is once again in the spotlight. The household debt ratio is heading towards a record high. In this article, we’ll look at…
News & CommentaryPersonal Bankruptcies fell to a record low in April
Amid a global pandemic, you’d think that personal bankruptcies would be increasing, but that hasn’t been the case. In fact, personal bankruptcies…
Debt ReliefDebt Consolidation vs Bankruptcy
When it comes to debt consolidation vs bankruptcy, the two differ in many ways. A rough economy can tempt one to declare bankruptcy if you have large…
Budgeting & MoneyGet Your Personal Finances on Track
If you want to get your personal finances on track, it takes time and guts. You must put effort into setting up a system that will work for you. Come…
Budgeting & MoneyCheap Gifts for Dad on Father's Day
Are you all set on gifts for dad on Father's Day? Father’s Day is coming up on June 21st. Are you prepared? With the current COVID-19 pandemic, money…
Debt RepaymentShould You Invest In Your RRSP Or Pay Off Debt?
Should you invest in your RRSP or pay off debt? This is one of the most common financial decisions faced by Canadians these days. Unfortunately,…
Taxes & BenefitsEnhanced Powers for the Financial Consumer Agency of Canada
The newly enhanced powers for the Financial Consumer Agency of Canada have been underway since April 2020. The Financial Consumer Agency of Canada…
Taxes & BenefitsDo you need help paying bills through Coronavirus?
There’s no shame if you need help paying bills right now. With the coronavirus resulting in layoffs, there’s no surprise so many people need…
Debt RepaymentHow to Get Out of Debt And Stay Out
Are you unsure of how to get out of debt? You're not alone. Canadians owe an average of $1.74 of debt for every dollar of disposable income. That can…
Loans & CreditHow to pay back student loans
If you want to know how to pay back student loans, you’re not alone. The average Canadian student owed $28,000 on a bachelor’s degree upon…
Budgeting & MoneyCouples and Money: End the Budgeting Bickering
One of the issues regarding couples and money is what to do when they don't see eye to eye about finances. If one spouse wants to get out of debt and…
News & CommentaryData Privacy Day in Canada
Today is Data Privacy Day! The United States and Canada are among the many countries that celebrate Data Privacy Day. It began in the United States,…
Budgeting & MoneySave on Energy and Reduce Your Power Bill
If you’re like most homeowners, the most expensive utility bill is your energy bill. Unfortunately, many homeowners accept their electricity bill for…
Loans & CreditAre Credit Card Reward Points Costing You?
Many people see credit card points as rewards, but are they really? It could be that they are actually costing you unnecessary money. Points are very…
Loans & CreditCredit Card Minimum Payments Don't Work
It’s a situation that’s easy to get into: “I’ll just make the credit card minimum payment this month and worry about paying off the balance later.”…
Budgeting & MoneyHere’s a Quick Way to Get Focused On Your Goals
Stop feeling overwhelmed and start taking back control. Use these goal-setting tips to achieve you financial goals to live the life you want.
Debt RepaymentPay Down Debt with the Avalanche Method
Learn about the avalanche method, one of the most effective techniques for paying down debt from one or more sources and interest rates.
Loans & CreditWhy Your Debt Service Ratios Matter
For most families, a mortgage is the largest amount of debt you’ll incur in your lifetime. With home prices reaching the stratosphere in many housing…
Debt RepaymentHow to Tell Someone You're in Debt
Do you need to tell someone you're in debt, but are afraid of their reaction? Honesty and trust are vital in a healthy relationship. If you’re in…
Budgeting & MoneyHow To Budget and Save for Your Upcoming Wedding
Are you preparing to walk down the aisle? While your wedding should be the most important day of your life, it’s equally important not to lose sight…
Debt Repayment3 Ways to Motivate Yourself to Pay Off Debt
Motivating yourself while you’re in debt is a huge challenge. Even after making huge gains, you’ll still see red on your balance statement for quite…
Budgeting & MoneyShould You Buy The Extra Warranty?
Whenever you’re making a major purchase you’re often asked if you’d like to purchase an extended warranty. An extended warranty acts just like an…
Budgeting & MoneyHow To Save Money As a Stay at Home Parent
Raising a child is a rewarding experience, but it’s also very costly. Here’s a shocking fact: raising a child can end up costing you more than a…
Budgeting & MoneyFrugal Living vs. Big Wins
When you’re struggling with debt, it’s hard to ‘think big’. Pinching pennies becomes a way of life and your next bill is the only thing you’re…
Budgeting & MoneyFrugal Dating Without The Embarrassment
Whether you are in a long-term relationship or are just getting started with someone new, dating can, unfortunately, take a large toll on your wallet…
- Debt Relief
What It Means To Be In Debt
Every few months there’s a report on the news telling us what the average debt-to-income ratio is in Canada. This number is used, in theory, to tell…
- Debt Relief
Good Debt vs. Bad Debt
In our last article, we discussed paying off debt or investing in your RRSP . That really begs the question about debt, and whether all debt is equal…
Taxes & BenefitsRRSP Loans - Should You Get One?
We’re already in February and that means every finance blog in Canada is talking about RRSP season . RRSP’s are a fantastically powerful investment…
- Budgeting & Money
You Don’t Deserve Anything
See if the following sounds at all familiar to you: “Hmm, I can’t really afford this car/vacation/TV/whatever else, but I’ve been working really hard…
- Budgeting & Money
Multi-Level Marketing - The Answer You've Been Looking For?
It always seems that when life is difficult and all you need are some easy answers, someone random pops up in your life and introduces you to an…
Debt RepaymentDebt And Desperation - Know The Warning Signs
You know how when you’re in a failing relationship you sometimes end up doing or saying things that you’d never do normally? Being in debt can…
- Debt Repayment
How To Overcome Setbacks As You Pay Back Debt
You've committed to paying off debt and have at least started your emergency fund . You've got a plan for paying off your debts: either the…