Monthly Archives: May 2017

Credit cards are a convenience but there are times you should think about leaving them in your wallet rather than adding to your credit card debt. Before you charge it, here are some situations when using your credit card to make a purchase is a bad idea. 1. You Already Have… Read more

There’s no one right way to handle money in a remarriage. But since you can’t escape responsibility for your partner’s decisions, you better talk about it. Some couples maintain separate savings and chequing accounts, paying for their own personal and children’s expenses and sharing the costs of running the household…. Read more

Earlier this year Licensed Insolvency firm Hoyes, Michalos & Associates Inc. published their fifth biennial Joe Debtor study, which looks at the different faces of debt. We analyzed their different risk groups, and found that millennials are increasingly turning to insolvency to deal with their debts. From their 2015-2016 study, millennials (ages… Read more

Is it possible to have a mortgage that is simply too large? Here is the conventional wisdom: Buy as big a house as you can afford, because long-term house prices always go up, so you can’t lose. or It’s okay to take out a bigger mortgage to increase your leverage,… Read more

I’m going to let you in on a little secret. I love weddings. I’ve been to a lot of weddings. Defying all odds, I even found someone willing to marry me. The Big Day There’s really no other occasion that compares with the pure joy and optimism of a wedding…. Read more