izusek via Getty Images
Robert Mizerek via Getty Images
Parents, I know you may be a little anxious leading up to your child's big day in September. But if you take the necessary steps now to prepare your child for school, the whole transition will be less taxing on everyone.
Blend Images - JGI/Jamie Grill via Getty Images
I know no one wants to think they could ever be a victim of fraud however the reality is thousands of Canadians lost more than 10 million dollars to identity fraud in 2014 and authorities say this figure is on the rise year after year. The sad thing is some Canadians do not even know they are the victim of fraud until something extreme happens.
ohmygouche via Getty Images
Sometimes it pays off to go old school.
Caspar Benson via Getty Images
There are so many activities in the fall to enjoy from fairs to festivals -- all which encourage you to spend your money. Despite the temptation to spend this time of year, the fall also presents a good opportunity to save your money too. Now is a good time to go on a diet; a fall savings diet to be exact.
Darryl Leniuk via Getty Images
Wedding debt is an awful gift to receive after you say I do. It is also a stressful way to start your marriage especially when the number one reason for a marriage to fall apart is not because of infidelity -- it is because of money woes.
Mario Ragma via Getty Images
Summer is here. It is the time of year when many Canadians let their guards down and sometimes spend more money than planned on a variety of expenses from impromptu road trips to hosting various summer parties. Here are some tips to help you add some funds back into your bank account.
Feng Yu via Getty Images
I've had a few people say to me recently "If you have debt, just walk away; the banks won't do anything. My friend stopped paying, and nothing happened to him. Don't bother with credit counselling, or a consumer proposal, just walk away". Does that strategy actually work?
For those employees who are fortunate enough to receive a year-end bonus, many may be tempted to spend it immediately. But I advise you to resist the urge to spend the money on frivolous items and instead think about putting your hard-earned bonus to work for you.
Tharakorn via Getty Images
Consolidated Credit: The housing market is on the minds of many Canadians these days, particularly millennials eager to achieve the financial milestone of home ownership. But hot markets and rising pr...
Epoxydude via Getty Images
Many of us experience financial difficulties at one time or another. While most of us are strong enough to weather periodic financial storms and pay our bills, there are many who are not so fortunate.
David Sacks via Getty Images
For the average person, debt management seems like a simple strategy. But it is easy for debt to get out of control -- the sooner you make a plan and stick to it, the better it will be for you in the long run.
Tax season has begun. This yearly tradition is dreaded by many Canadians, but it doesn't need to be. Taxes are what keeps our roads paved, our schools running, and our health care free. When we think about the money we give to the government, we don't always realize that our money is going towards things we take for granted every day. So, approach the upcoming tax filing deadline with a positive outlook.
Over the years I have met with thousands of people who "unexpectedly" lost their job. My advice: assume you might lose your job at some point in the next year, and make a plan now to deal with that job loss.
Conventional wisdom says that debt used to purchase something of lasting value, like an investment, or a house, or a car, is good debt, because you benefit from the purchase. An example of bad debt would be borrowing to go on vacation, because when the vacation is over you have nothing to show for it. In some cases both of these examples are true.
Consumer debt has become a major concern in Canada. The stress of dealing with unmanageable debt can be overwhelming for most consumers. Between creditor calls, collection threats and living paycheque to paycheque, "get out of debt fast" opportunities can be very appealing. But are they too good to be true?