Blog

Striking a balance between generosity and overspending during the back to school season can be a tough act to get right. You want to let your children know that you cherish them, but you don't want to end up with a bunch of burdensome consumer debt when it's all said and done.  Read More

You can often feel trapped by your finances. If you’ve been neglecting debt because of your inability to pay it, or you aren’t sure what your payment options are, you might be feeling the pressure of growing financial debt.  Read More

The saying that money cannot buy happiness is certainly true. Some of the least developed countries around the world have a reported higher happiness index than in more developed locations in North America, an area which tends to be synonymous with material wealth.  Read More

Bankruptcy is an important step towards relieving stress and getting yourself on a successful financial track, however the emotional toll of living with debt prior to filing for bankruptcy can be draining. Below are some tips to help you handle the emotional side of filing for bankruptcy.  Read More

When working to recover from a difficult financial situation there are typically some budget changes involved, the most important of which will likely be changes to your daily expenses, and you will need to be able to adjust appropriately in the midst of bankruptcy or proposal proceedings. Below are four tips to help you manage your daily expenses.  Read More

Every year Canadians report a new tax scam. It always starts off the same. You get a phone call from someone claiming to be an employee of the Canada Revenue Agency.  Read More

If you find yourself swallowed by unmanageable debt, whether it is accrued from loans, starting your own business, extravagant purchases or renovations to your home, you may be considering declaring bankruptcy. Filing for bankruptcy will not give you a clean slate but it can relieve you of your debts.  Read More

As of 2014, the average amount of student debt in Canada post graduation was around $25,000. With poor job opportunities for graduates, it is becoming difficult for students to pay back their debts. In many cases, it may force someone to delay other life milestones such as marriage, purchasing a first home or having children.  Read More

You might have heard of the words skimming, phishing and online fraud but are not familiar with what they actually mean. Online fraud is the use of the Internet to defraud individuals by obtaining their personal information and selling it or by making transactions. Skimming and phishing are two examples of online fraud.  Read More

Although credit cards are generally very safe and companies can automatically detect bizarre activity, credit card fraud can occur, albeit to only a small percentage of Canadians (0.77%), but it results in a large loss of money. In 2010, for example, $365,916,944 was lost due to credit card fraud.  Read More