Debt Solutions Blog

I have a young friend who is thinking about going back to school. He called me up to ask me if it would be a good idea. I think he expected me to rubber-stamp his decision because, as he put it, “it’s good debt, right?” Maybe. Maybe not. Student Loans… Read more

Robert (not his real name) works in a shoe store. Or if you ask him, he’ll proudly say that he’s now the Assistant Manager at a London fine footwear retailer. It’s not a bad job for a 26-year-old single guy, and his increased responsibilities let him focus on operational details… Read more

This is a guest post by the experts at Ratehub.ca In the travel industry, it’s known as the shoulder season. It’s the period between summer vacation and winter holidays when prices are at their lowest. For the astute traveler, it’s the best season. If you have the money saved to… Read more

Andre (not his real name) is a 34-year old native of St. Catharines Ontario. He earns a modest salary as a service representative in the call centre for a local company. Andrea lives in an inexpensive apartment in the west end and owns an old Toyota Camry, which he uses… Read more

Using credit cards to earn rewards can be a good choice if you know how to manage them carefully and avoid some common pitfalls. Here are four common facts you should consider when using your cards to earn points, no matter which rewards program you choose. 1. You May Be… Read more

Who doesn’t love  good sale? But when bargain hunting, coupon clipping, or shopping as a hobby becomes the objective, you and your budget are likely headed for big trouble. Have you heard yourself say, “But it was such a good deal!”? Hmm. If you’re spending money on credit that you’re… Read more

You can’t have it all. You can’t buy what you want, ignore your student debt, and assume you’ve got lots of tomorrows to begin to build your finances.  You need to set your financial priorities today and build a plan that will make it happen. Here are five simple money management tips… Read more

In our present-day culture, successful entrepreneurs are idolized. The Mark Zuckerbergs and Elon Musks of this world are looked up to by multiple generations. However, what is usually hidden from public view is the fact that many ultimately successful entrepreneurs had to struggle in the beginning with mounting piles of… Read more

Many Canadians are self-employed, running their own small business. In many cases they started the business using their credit cards or other personal resources to fund start up costs and initial expenses. It is not uncommon for the business to start slowly, whichcan can lead to debt trouble. Approximately 10%… Read more

“Do not save what is left after spending. Spend what is left after saving.” – Warren Buffet Whenever I sit down with people who are wrestling with debt, the question inevitably comes up: should I be saving or paying down debt? It’s a question that has been debated back and… Read more