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Use Creditaid’s Holiday Gift Giving Planner to help make this Holiday Season Great!



We all love the holidays. It’s a time visit with loved ones that we don’t get to see often enough.  We share special meals and spirits and enjoy the fun around the annual gift exchange with our friends and family.

It’s easy to get carried away at the moment, believing the January bills to be far away. In the 26+ years, we’ve spent helping Manitoba families manage their debts, we at Creditaid have often seen the negative impact that too much indulgence at Christmas / holiday season can have on our clients’ finances in the new year.

Like many areas of your financial affairs, the key to successful and safe holiday gift giving is adequate planning. Ideally, we are all saving a bit of money throughout the year to meet our December expenses. And before we set foot in the mall (or log in to our favorite online retailer’s site) we need to have a clearly established plan. We need to know how much money we’re going to spend on gifts for the Holidays, and how many gifts we want to purchase, and for whom.

That’s why we’ve developed the Holiday Gift Giving Planner. It’s a tool designed to help you plan gifts for all the special people in your life, while adhering to a budget that you design ahead of time.


Increasing Mortgage Rates Can Hurt Less from CHVN

The following article written by Libby Giesbrecht originally published on CHVN95.1FM Radio on August 10, 2018. Creditaid’s Brian Denysuik, discusses the tough choices homeowners make later in life due to increasing mortgage rate costs.

To read complete article, click here – CHVN95.1FM 0 Increasing Mortgage Rates Can Hurt Less


Calculating Multiple Streams of Income

The following article originally appeared in the Manitoba Teachers’ Society Balance Wellness Magazine.


In today’s world, there are many of us that have what I will call multiple streams of income.  This can come from different sources, such as two or three part-time jobs versus one full-time job.  It can include a second job throughout the summer months, a side business or a combination of receiving a pension and working part-time.

Provincial Budget versus Household Budget

The Province of Manitoba just released Budget 2018. Listen to 680 CJOB, Winnipeg’s news talk radio, Hal Anderson and Creditaid’s, Brian Denysuik, discuss how the provincial budget can be managed like a family household budget.

Money Secrets in Relationships

Did you know that money can often be the cause of a breakdown in a relationship? A new survey shows 34 percent keep financial secrets from their partners. Creditaid’s Brian Denysuik shares one of the challenges couples have with over spending in Joel Schlesigner’s article in the Winnipeg Free Press, “Love is often blind to money problems.



8 Ways to Increase Your Credit Score


By Laurie Boudreau, Credit Counsellor, Creditaid

During the past 20 years, I have analyzed thousands of Canadian credit reports from Equifax and Trans Union and can tell you an interesting fact. People with the highest credit scores pay the least amount of interest. Why? Because the higher your credit score is, the lower the risk is for a creditor to lend you money. It’s the same concept as for why young people pay less for life insurance than old people pay. You are less likely to die when you are young. Same goes for credit scores. If you have managed your credit well chances are you will continue to do so, and the creditor will get their money back. This is why they are willing to offer you a low-interest rate.

If you have not seen your credit report recently, you need to do this now by going to www.equifax.ca and www.transunion.ca
You need to know what your credit report contains before you can take the steps necessary to improve your score. No matter how low it is today, the good news is that your credit score can go up very quickly. By following the steps below, you can dramatically increase your credit score within two years.

1. Starting today make all your payments on time.
One of the key behaviors that creditors like to see is on-time payment of bills. Since this is one of the strongest predictors of a consumer’s likelihood to make their payments in the future your credit score will be high if you have made all your payments on time.


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