519-646-2222Blog Articles
SCAMS – Gullible, Hopeful or Desperate?
Scams, one must wonder if people are gullible, hopeful or desperate to finally achieve some level of success in life. I use the term “finally” because the victims are usually middle aged or older. There could be other reasons as well such as resources – older people are more established and are more likely to […]
Read moreBuying a home is not a great idea
Buying a home is not a great idea for a whole bunch of reasons. Most people are socially hard wired to believe that buying a home increases their wealth, in fact it is the opposite – buying a home increases someone else’s wealth. Buying a home drains the purchasers finances and makes them more financially […]
Read moreGo Bankrupt, or keep paying the Mortgage?
Should you go bankrupt or keep paying the mortgage? You must understand that going bankrupt is not only about your past or even you present, but it will also affect your future. A well timed bankruptcy can save you hundreds of thousand of dollars.
Read moreWhat’s the point in budgeting?
Think about it, what is the point in budgeting unless your spending is out of control, or you have no idea where you money is going? The people who would benefit most from budgeting are the wealthy, those with superfluous income and spending control problems.
Read moreCanada Obsessed with Debt
Canadians are obsessed with debt for good reason, the country is economically in a mess, with only about 10% of income earners being able to afford without access to some form of debt.
Read moreThe Illusion of Wealth
The illusion of wealth is an important feel-good for individuals, governments and banks, all for different reasons.
Read moreRates, Prices, and Wages
Change your focus, shift your priorities for home ownership. Rates, Prices and Wages are in reverse order, currently rates remain at an historic low, prices are far too high and wages way to low.
Read moreBank Issued Credit Cards.
Bank Issued Credit Cards are expensive and one of the most damaging aspects of the Canadian Consumer economy!
Read moreThe Changing face of Debt in Canada
Debt in Canada has outgrown all domestic production, Canadians now have about five times (5X) as much debt as they do income.
Read moreHOUSE PRICING:
There are many factors that drive house pricing, and a multitude of market conditions, some of which have been very unusual in recent years. Join the conversation, let us know what you think.
Read moreDEATH AND TAXES:
Death and taxes, so cliche, yet so appropriate when talking about Canada’s economy.
Read moreTHE PROBLEM WITH YOUR INCOME:
Income is an often overlooked economic problem in Canada, people have become so accustomed to using credit to bridge the gap between inflation and their income that they simply accept the status quo.
Read moreHousing Costs
Housing costs have dropped slightly in the home sales sector but remain high in rental markets. Meanwhile incomes are continuing to trend downwards.
Read moreInsolvency Rates Rebound
The economy is in a mess, insolvency rates rebound allowing people to find relief from overwhelming debt levels. Call us today at 519-646-2222 for your free consultation.
Read moreSurplus, what Surplus?
Surplus what surplus? If you are bankrupt and have been assessed for surplus income, and you can’t afford to pay it, do not dispair you have alternative possibilities.
Read moreEveryday Financial Risks
Prepare to face your everyday financial risks, whether they involve leverage or reach, discuss your options and explore alternative ideas.
Read moreConsumer Proposals Help Ontario Homeowners
Consumer proposals help Ontario homeowners, perhaps far more than may be expected. Reduce your debts and stay in your home.
Read moreConsumer (Proposal) Protections
The Bankruptcy & Insolvency Act does provide a number of consumer protections for people filing consumer proposals.
Read moreInsolvencies are Increasing.
After three years of highly impactful reckless lending, insolvency rates are starting to return to normal filing levels. We anticipate a slight uptick in the new year.
Read moreCompare Debt Solutions