Blog

You may know that sinking feeling when realizing you’ve made a bad choice on a cell phone contract. It might have sounded great at the time, but now that your financial situation has changed, an initially attractive deal has suddenly lost its appeal. Worse yet, it may now be a liability for you.  Read More

Tax advantage savings are an ideal way to invest for the future. Whether it’s a long-term or short-term goal you want to achieve, it can be a struggle for many to maximize contributions to savings accounts. If you’re considering using an RRSP or TFSA account, you might not be fully clear on the difference between the two.  Read More

It is all too easy these days to end up deep in debt and feel like you’ll never break free, but there are many ways to improve your financial standing and pay off your bills without declaring bankruptcy.  Read More

Profitability and cash flow are both important metrics in figuring out how well your company is doing, but many people do not understand the subtle differences between what they mean and what they can tell you about the financial health of your business.  Read More

As the joy of the holiday season fades into the pragmatism of the New Year, it’s time to analyze your Christmas spending. If you, like millions of Canadians, find yourself in debt this coming January, it’s important to follow expert advice on managing your finances.  Read More

With so much negative publicity surrounding the word bankruptcy, it’s easy to read this title and think there is a problem with the wording. How could something that’s supposedly the end of the world be good for your health?  Read More

Many people assume that there is a clear choice between renting and buying a house. The decision isn't as clear as that. While there are benefits to buying, owning a home comes with its own problems. Renting also has pros and cons to consider. Buying a house is a good investment, especially if you buy while you're still relatively young.  Read More

Canadian bankruptcy rates have been abnormally high since the 2008 financial meltdown. Record consumer debt and a tight job market have made it easier than ever to get into debt. When you have reached the point that payments are only chipping away at accrued interest and you owe more than you could ever make, it may be time to call it quits.  Read More

Even if your financial situation is so overwhelming that you are filing for personal bankruptcy, you will not have to give up all your possessions. Bankruptcies are not intended to be punitive, but are instead the fairest way for the honest debtor deal with their debt and move forward.  Read More

The law protects the rights of every party in bankruptcy: the creditors, the trustee, and the debtor. As a debtor, the law protects you from undue stress caused by collection agencies which harass debtors. If you are being illegally harassed by a collection agency, you can make an official complaint.  Read More