debt

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Using Investments to Get out of Debt

The average Canadian was in about $20,000 of non-mortgage debt in 2021, according to Equifax Canada. This means that the everyday spending of many Canadians is outpacing their income by a significant amount. There are all kinds of strategies for tackling debt, including various ways you can budget your earnings and other approaches for paying down

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10 Key Benefits of Filing a Consumer Proposal To Take Control of Your Debt

Dealing with overwhelming debt can be incredibly stressful and challenging to manage, affecting every aspect of one’s life. It can squeeze the joy out of one’s life and replace it with worries. While no one wants to be in debt, poor money management is often deemed the key to getting into debt. However, there are viable

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The Link Between Credit Card Debt and Depression

The link between credit card debt and depression, and the implications for individuals who are struggling with either issue

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Why ‘Retail Therapy’ is a Bad Idea

Retail therapy is defined as the act of shopping with the intention of improving one’s mood. It has become a popular way to cope with stress, boredom, depression, and other negative emotions. However, it is important to be aware that retail therapy can have serious consequences when used in excess or without proper financial planning.

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Using credit cards should only be a last resort

As a responsible adult and father, I understand the importance of budgeting, saving and living within my means. But no matter how hard I try to be financially responsible, there are times when it’s impossible to stick to my plan. In these situations, I know that using a credit card should only be a last

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