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If you are looking to build up your credit rating, many advisors will recommend a secured credit card as a good place to start. Regardless of whether you are trying to build a credit rating for the first time or recover from a poor rating in the past, secured credit cards may be the answer to your needs.  Read More

It used to be that Canadians would work most of their lives for the same company before retiring at age 65 with full government benefits and pensions that would meet their needs without additional income.  Read More

With the economy still recovering and the competition for jobs high, it is pretty common for people to have to take a lower paying job in order to get the life experience they desire. This may seem like a big blow to the family’s finances but, with a bit of preparation, it can be managed.  Read More

Budgeting can be a real challenge and many people fail several times at before they find a one that really works for their unique needs and goals. Here are several tips to help you find the right strategy that will help you spend less than you earn and stick to your budgeting plans.  Read More

If you are a freelancer or work solely on commission, your income may vary greatly. Trying to come up with a monthly budget when you collect a variable income is tough, but is far from impossible. Budgeting on a fluctuating income can be done, and you may even end up saving money at the end of the year.  Read More

Sometimes, life moves so fast, we don’t have time to catch our breath. We leave clothes on our bedroom floor, we miss appointments we forget about, and we let it go too long before reconnecting with old friends.  Read More

In North American culture, buying a house is considered one of the more remarkable things someone can do. It shows that a lender was impressed enough to give you a mortgage to fund this expensive asset, and that you were able to save enough money for a down payment. But, how do you manage to come up with a down payment to buy your dream home?  Read More

If your mortgage is up for renewal and you are drowning in revolving debt, you may find yourself in a real financial jam. Before you dig yourself deeper into debt or start missing payments, consider refinancing your mortgage to pay off credit cards.  Read More

When you plan to purchase a home, it is important to know what you can afford. In Canada, you need a minimum down payment of 5% to purchase a house. Some lenders will offer you a mortgage without a down payment, however if you have not been able to save money for a down payment, it could be an indication that you cannot afford to own a home.  Read More

In Canada, the laws governing bankruptcy and insolvency are regulated by a statute known as the Bankruptcy and Insolvency Act (BIA). This statute covers laws relating to bankruptcy, commercial and consumer proposals, and also receiverships.  Read More