519-646-2222Blog Articles
Getting through COVID
The COVID virus is impacting everyone’s life. From the way we work through to every social interaction we have. There are essentially two facets, health and economy that are being his the hardest. In this two part blog we try to speak to each offering some insights and considerations.
Read moreHow will I pay my bills?
COVID-19 may be the least of many family’s worries – loss of employment, reduction in available working hours and lack of benefits will put many behind the eight ball.
Read moreCash Flow your Debts
It is important to stop cash flowing debts and to start paying them off – but it may be even more important to understand and recognize the difference.
Read moreReal Estate Bubble
The real estate bubble has been described as one of the biggest threats to the Canadian economy. The Toronto housing market has been identified as the second largest housing bubble in the world. The thing about bubbles is that sooner or later they all either collapse under their own weight or they burst.
Read moreYour house is not an ATM
Your house is not an ATM but if you treat it as if it is you run the risk of losing it altogether. You can’t simply keep pulling money out and expect that it will replenish itself.
Read moreImpulse Spending
Impulses and habits are very similar, they both work on us subconsciously and compel, or ilicit, certain types of behaviour. Impulsiveness isn’t always bad – sometimes it’s very rewarding, maybe that’s a part of the problem.
Read moreTrust the Media?
When you take a closer look at the data you will find that recent reports are exagerting the rise in consumer insolvenicies. In reality, insolvency filings are lagging significantly behind lending trends.
Read moreBankruptcy Stereotypes
Stereotypes help us negotiate the world around us, stereotypes aren’t as abitrary as our acceptance of them – when they are positive we embrace them, when they are negative we appall them.
Read moreSavings or Irregular Expenses
Do you know the difference between putting money away as savings and retaining money in your mbank account for irregular expenses. They seem similar but are quite different.
Read moreCredit Counselling
Credit Counselling can be a very helpful tool, but obligatory attendance isn’t enough, to be effective it requires active participation.
Read moreCompound Interest
TD Bank recently announced it will be using compound interest on its credit card portfolio. Other banks are sure to follow suit – be aware of the impact.
Read moreDriving Affordability
Driving affordability is something that should form a part of everyone’s budget. Even in our biggest cities public transit is expensive and extremely inefficient.
Read moreGet Ready
Are you ready to pay your credit card bills? If you are struggling we can help – let’s start with a free consultation.
Read moreDebt Consultants
Don’t bring out the clowns when you need serious help with problem debt – get professional help.
Read moreBorrow Your Way Out Of Debt
You cannot borrow your way out of debt. Trying to do so is a useless strategy that will get you into far more debt than you had to begin with.
Read moreCreative proposals
“The list goes on and can be tailored to your specific situation or circumstances – traditional proposals are straight line payments such as $200 per month for sixty (60) months, but there are other possibilities.”
Read moreExempt Property
This is not intended to be legal advice but rather a discussion of interpretation of the Execution Act. Speak to your Licensed Insolvency Trustee about his or her interpretation.
Read moreSpotting Fake News
Spotting fake news can be a real challenge for all but the suspicious and conspiracy minded among us. But it is important to check and back check information being fed through news streams in order to remain well informed. Just because you like the sound of it or it makes you feel warm and fuzzy doesn’t mean it’s true.
Read moreThe real cost of debt
The real cost of debt goes beyond the interest rate and monthly payments and for many people affects their performance in almost every facet of their life.
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