The Bank of Canada has revealed in its semi- annual Financial Systems Review (FSR) that its biggest concern is a potential housing crash. This contrasts with their stance early in the year, when the commodity’s dropping value – over 40%…
If money is said to buy happiness, then why do we sometimes feel miserable even when we’re earning that much more? According to Elizabeth Dunn and Michael Norton, money can definitely make you more satisfied with life; you just need to know how to spend it more effectively…
People struggling with money issues deal with problem areas like overspending, serial borrowing, financial infidelity, enabling family members and a general sense of guilt and shame around their financial status. Often, called money memories….
Royal Bank of Canada (RBC) announced today that it is reversing some of the new banking fees they planned to launch June 1. The lender, which is the largest in Canada, will not be implementing a “pay to pay” fee structure, which would have classified all account payments….
The need for seniors debt relief is gaining more attention in Canada. Seniors in our country are having a very rough time. However gray debt is on the rise and this problem is not going away any time soon. Bankruptcy rates for those aged 55 to 64 have increased by more than….
When to Recognize that It’s Time to Ask for Help Managing debt can be difficult especially when you have more bills than income. When left unattended, your unsecured debt situation can take more of a toll on you than you realize. Some of the effects include restless nights….
One Way to Reduce Your Debt Most consumers have the right intentions when they sign up for a new credit card or agree to the terms of a personal loan. While their intentions may be good at the time, unexpected events can happen which may cause a disruption in their income.
How Credit Counseling Can Help Relieve Your Debt Suffering Everyone at some point has gotten into a financial situation which became more than was expected due to an unexpected turn in life events or the lack of seriousness about a financial obligation.