Category Archives: Debt Management

Five years ago, my financial situation was very different from what it is right now. A series of bad choices in my 20s, combined with some of those nasty “curveballs” that life throws at you every so often, had resulted in a lot of debt and a very keen understanding… Read more

You know your debts won’t just go away and that you have to do something about them.  Not answering the phone, not opening the mail, not thinking about the problem isn’t working.  The phone keeps ringing, the past due notices keep piling up, and even when you don’t think you are worrying… Read more

“Forewarned is forearmed” – English Proverb Debt is big business. Everywhere you look these days, it seems that there are an ever-increasing number of ways to have whatever your heart desires, long before you’ve earned the money to pay for it. Whether you’re looking for a car, a couch or… Read more

Over my nine-year career on television, I worked with a lot of people who couldn’t tell when enough is enough. Often impulsive, they had the sense that they could have whatever they wanted, whenever they wanted it. You might have looked at some of them dumb-struck at their sense of… Read more

For a long time, I believed that the reason for my money troubles was a lack of money. It was the logical explanation for a student who worked part time and then it became a logical explanation for a new immigrant working for minimum wage. As the debt grew, it… Read more

Interest rates in Canada are at historically low levels, and it’s very possible that they will stay below normal levels for many years into the future.  Governments with massive debts can’t afford to let interest rates increase and governments want consumers to keep borrowing so they can continue to spend… Read more

“Without struggle, no progress and no result. Every breaking of habit produces a change in the machine.” – George Gurdjieff We live in a society that, not only encourages us to spend but which also makes it really easy for us to spend money we haven’t even earned yet. When… Read more

While many criticize the lack of financial literacy in our schools or the shortage of unbiased advice from financial experts, the truth is there is a lot of free and useful information available on the internet to help you manage your money better and hopefully pay down debt. The trick is finding… Read more

Choosing which car you want to drive is not the only difficult decision to make when you are in the market for a new vehicle. Just as confusing can be the choice between leasing or buying. It’s important to look beyond the monthly payment, and understand exactly how each of… Read more

I was chatting casually with a neighbour recently about how their grandchildren were visiting for the summer and the conversation turned to how proud they were that they were helping teach their grand-kids (one boy and one girl) about debt. A little background as to why this is such an… Read more