Debt Solutions Blog

Good judgement comes from experience, a lot of which comes from bad judgement. We all know too much debt is not a good thing, but debt management is not necessarily a skill we all possess. It’s not like you set out with the objective of borrowing more than you can… Read more

This is a guest post by the experts at Ratehub.ca It’s important to save money, but it also helps if you save in a way that minimizes your tax burden. The less you pay in tax, the more you get to keep for yourself. Fortunately, the government has created two… Read more

“When it comes to money, ignorance is not bliss. What you don’t know can hurt you.” – Sandra S. Simmons One of the motivators that led me into the financial services industry was a desire to help people get excited about money and learn how to take control of it…. Read more

Friends has been a staple in our household for almost a decade. Those six kids can still make me laugh. Every time my daughter, Alex, needs a couple of hours of decompression, in goes a Friends DVD. Several years ago when Lisa Kudrow was on Ellen, they played the “What’s your… Read more

It stands to reason that if we want to be better at managing our money, we need to know where our money is actually going. That sounds obvious but like so many other things in personal finance what sounds obvious often isn’t.  Lots of people arrive to the end of… Read more

The most commonly asked question of our trustees is what does is the bankruptcy cost for filing bankruptcy in Canada? The simple answer is that there are three parts to the overall bankruptcy cost that you should consider, and discuss with your trustee, before filing: Minimum contribution to cover administration… Read more

The average Canadian is quite capable of managing their debt, especially when that debt carries a low interest rate. For those who are in severe amounts of debt though, debt management becomes a case of crisis management. Unfortunately, the inevitable stress doesn’t always lead to the best financial decisions, often… Read more

February is often known as the month of romance.  Mid-February is marked by Valentine’s Day, a day of symbolic gestures of love.  And while it is great to have a day of romance, flowers and chocolate may be less helpful to a relationship than sustainable strategies around everyday issues such… Read more

There are people out there who believe that they don’t need a budget. So you have no income and no expenses then? Or is it that you’re so good with numbers in your head that it’s not worth your time to write them down? Or maybe you make so much… Read more

I’m a big fan of small houses. When I say small, I’m not talking about shoebox small, micro home small or even little pink houses (for you and me) small. I’m talking about what I like to call comfortably small, especially when compared to the 3,000 plus square feet McMansions… Read more