Dealing with debt can be a challenging and stressful experience, but it’s a reality thousands of Canadians face every year. According to Statistics Canada, the average household debt-to-income ratio in the country has been steadily increasing over the years. Whether you have credit cards or student loans, managing and eliminating debt is a critical step…
Do you think you’re the only one on your block who has debt? Think again! Your neighbours are likely just as much in the red as you are. The latest Canadian Financial Capability Survey shows that nearly three-quarters of Canadians (73.2%) have debt. Everyone needs a little help now and again — from getting…
This will be a simple guide to managing and reducing your debts. First, be honest with yourself about how much you spend and how much of that expenditure is strictly necessary. Create a budget and allow a good chunk of your income to go to saving and debt payments. Next, talk to a debt settlement…
The latest on what’s moving Montreal and the world – delivered straight to your inbox
