Helping Canadians Get Out of Debt
Christmas quickly became a time of frantic shopping, overspending, and thousands of dollars in credit card debt, but the pandemic changed things for many people.
Without the ability to spend time with loved ones over the holidays over the last few years, we’ve all learned how precious life can be.
This year, why not make Christmas about focusing on your family rather than spending money?
Continue reading “Christmas is a Time to Focus on Family”
The new minimum wage will increase to $15 an hour by October 1. This is good news for the people of Manitoba; however, is it enough to live on the necessary living wage given the inflation rates?
The larger your family is, the harder it is to live on minimum wage, even the new minimum wage, but here are some ways to make it possible.
Continue reading “How to Live on a Living Wage with the New Minimum Wage”
Financial literacy is the key to successfully reaching your personal finance goals. It doesn’t matter how much you make; it comes down to how you manage it. This is why financial literacy is one of the most important topics you should learn.
Unfortunately, most Canadians aren’t well-versed in financial literacy, most importantly, building a solid credit foundation and managing debt.
Financial literacy not only helps you now but, in the future, too. For example, when you learn how to save to spend, you’ll reach a level of financial security that most think is unachievable.
How can you learn? Try our Build Learn Save Program.
Continue reading “Financial Literacy is an Investment in your Future”
If there’s one thing you should teach your kids, it’s how to manage their money. Unfortunately, this isn’t something they’ll learn much about in school, so it’s on you as parents to make sure they understand how to manage their money and more importantly, stay out of debt.
Tailor what and how you teach your child to their age, but here are 4 things every child should know about debt.
Continue reading “Teach your Kids these 4 Things about Debt”
Inflation has hit almost every aspect of our lives, especially at the gas pump. When gas prices are high, it can make it harder to afford other essential costs, such as housing, utilities, minimum credit card payments, and groceries.
Since gas is necessary unless you can take public transportation, it helps to understand how you can save money at the pump.
Here are 5 great ways.
Continue reading “Is Your Gas Tank Bigger Than Your Cheque?”
If you have family members in trouble financially, you may want to help them, but giving them cash may not feel right. If you’re worried your family members will just squander away the money you give them, here are 5 non-cash ways to help family members with financial troubles.
Continue reading “Non-Cash Financial Help Options – Helping your Family without Giving them Cash”
Starting a plan to get out of debt and keeping that plan are often two different things. It’s a lot like starting a diet when the New Year starts. You start off good, but then a week or two into it, you quickly fizzle and go back to your old habits.
So how do you stop this from happening when you’re trying to get out of debt?
Here are many ways to stay motivated to get out of debt.
Continue reading “How to Stay Motivated when Getting out of Debt“
Managing your personal finances can feel overwhelming at times. There are many terms, definitions, and responsibilities to understand that it’s easy to feel lost.
We’ve covered the top financial terms everyone should know and understand to help you stay on top of your personal finances below.
Continue reading “Financial Terms Everyone Should Know”
If you’re sitting on a lot of debt right now, first know that you aren’t alone. The pandemic wreaked havoc on most people’s finances. Now that we’re seeing life get back to somewhat normal, you may wonder what you should do with your debt or if it will just hound you the rest of your life.
The good news is there are ways to conquer it. Here’s what you can do.
Continue reading “You can Conquer your Debt”
How much debt is too much? It can feel impossible to tell, especially since any debt can feel burdensome. But there are a few ways to tell that you have too much debt and that it’s time to do something about it.
Before you use a credit card or take out a loan, it’s important to determine if you can afford the payment. If it will put you over the edge, it’s too much. Here are some other ways to tell if you have too much debt.
Continue reading “Warning Signs you May Have too Much Debt”