Category: Tips for Money Management
Budgeting Perspectives
Budgeting can be used to help you plan a strategy to deal with problem debts. It is important that your budget is a fluid, fluxuating tool that helps predict future spending events.
Read moreCommunity Resources
There comes a time for all of us when we need some help, but which way to turn – we hope this short guide provides useful contact information.
Read moreMortgages
Mortgages are investments for mortgagees (lenders) they can be a curse for mortgagors (borrowers). Some mortgages are simply highly charged emotional debt traps for consumers. After all, if your car were heavily leveraged you might sell it and walk for a while, but selling your house means you have nowhere to live.
Read moreReduce Debt by 85%
Consumer Proposals are a great way to reduce the face value of your debt. It is possible to save 85% or more off the total amount of your debt.
Read moreDebt Trap – exaggerates inflation
Many Canadians are living in a debt trap, Candians of all ages and income levels are impacted by the enorrmity of consumer debt – we have a solution.
Read moreHow to Avoid Bankrupt – some strategies to consider.
While bankruptcy is not the only option we offer people struggling with debt, it is understandably the option that people want to avoid the most.
Read moreWealth and Savings – where did it all go:
The media has been rife with stories about Canadian wealth accumulation, how much of the hyperbole is just smoke and mirrors? You may feel well off because your house is worth twice as much as you paid for it – but let’s talk after you’ve sold it!
Read moreBudget Cutting – Expense Categories
When it comes to budget cutting, as prices continue to escalate, make sure you are cutting the proper expenses.
Read moreKick the debt habit
The best way to kick any habit is to develop a new habit to replace it. We can help you understand how and why you were vulnerable to getting into debt and we can help you get out of debt – call us 519-646-2222
Read moreHow do I get my credit back?
We have posted a lot of articles on this topic – this one takes a slightly different view and asks you to think a little more about how you should use credit and why you need it in the first place.
Read moreWear it all goes – clothing costs
Budgeting can be a very useful tool – for some families budgeting is more challenging than for others. Wealthy families don’t really care about budgeting as long as the inflows are greater than the outflows. Poorer people need to pay more attention to their monthly spend.
Read moreDebt Reset – and Build Back Better
Reset your debt and build back better – start again, fresh! No more debts, build assets instead.
Read moreRebuilding Your Credit
If your credit rating took a tumble, either by filing an insolvency prceeding or just getting behind on payments – you can rebuild. 519-646-2222
Read moreImprove Your Credit
Are you concerned about your credit score? There are some simple steps you can take to review and improve your credit standing.
Read moreDIY Debt Reset
If you are going to go it alone with resetting your debt, here are a few important considerations.
Read moreChange Your Bank Accountant
There are many good reasons not to bank where you owe money – your banker would not agree, but the issue is one of who controls your money.
Read moreDemasiada deuda
Too Much Debt
How do you know when you have too much debt? Is there a threshold value?
Read moreOwnership of debt
It’s easy to get confused about who owns your debt, debts get sold and traded and it is even conceivable that you could own your own debt through investments.
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