Financial News (Page 2)

2023 First-Half Scholarship Winner

The winner Congratulations to our 2023 First-Half Scholarship winner, Sydney Robertson from Dundas, Ontario! Check out her winning response below.…

Read full article 3 minutes read

A consolidation loan is not always the best debt relief plan. Here’s why.

As prices skyrocketed and the Bank of Canada set higher interest rates, many Canadians accumulated more and more debt. Many…

Read full article 5 minutes read

Melody Wright

Financial Expert: Here are the Financial Resources I Use

The world has no shortage of financial resources. You can find information anywhere and everywhere. With an abundance of financial resources available,…

Read full article 5 minutes read

Christine Urbanowski

Mixing Social Media and Financial Services Wisely

Social media has made financial planning easier for people from different backgrounds. You may not have had access to people…

Read full article 5 minutes read

Melody Wright

The Intersection Between Financial Health and Social Media

Social media has become an integral part of our lives. It helps us stay connected with friends and keep up…

Read full article 5 minutes read

Melody Wright

Budgeting Not Working? Try Managing Your Cash Flow Instead

Have you ever checked your bank account after a month of careful spending only to be disappointed by the number…

Read full article 4 minutes read

Veronica Ott

In Debt, but Still Want to Save? How to Make It Work.

With the stress of repaying debt weighing on your mind, it can feel impossible to save for your future. A…

Read full article 5 minutes read

Veronica Ott

How to Choose the Right Credit Card for You

With so many credit card offers available, choosing the right one can be difficult. Rewards, no-interest periods, fees, and credit-building…

Read full article 4 minutes read

Melody Wright

Why Being Insured Properly is a Fundamental Part of Finances

In short, insurance is protection you pay for to provide coverage in the event of financial loss. There is a…

Read full article 5 minutes read

Veronica Ott

A Cashless Society?

Have you noticed more businesses are only accepting plastic or digital payments? There’s been talk of society becoming completely cashless.…

Read full article 5 minutes read

Melody Wright

Credit Building without a Credit Card

Credit is an important aspect of personal finances in Canada. It enables us to obtain financial products, such as a…

Read full article 5 minutes read

Veronica Ott

Cost of Raising a Child in Canada – What to Look Out For!

Having a child is an extremely exciting and important part of someone’s life! There are so many questions that may…

Read full article 0 minute read

Guirlene Joseph

Financial Abuse: What You Need to Know

On the topic of abuse, many people think about physical or mental abuse. Perhaps even domestic violence. Unfortunately, there are…

Read full article 5 minutes read

Veronica Ott

Lifestyle Creep: Financial Security’s Sneaky Nemesis

Lifestyle creep happens when someone begins increasing their discretionary spending when they get a bump up in pay. As the…

Read full article 7 minutes read

Veronica Ott

Digital Banking: What to Know Before Switching

Technology has revolutionized the way we do pretty much everything! This includes how we handle business and banking. A paper…

Read full article 5 minutes read

Veronica Ott

What is a right of set-off?

When you owe money to your bank or credit union, through a credit card or loan for example, they can…

Read full article 5 minutes read

Melody Wright

Credit Card with Authorized User

By becoming an authorized user, you can join another person’s credit card account and use it for purchases. Over and…

Read full article 5 minutes read

Melody Wright

Consolidated Credit Financial Empowerment Award Winner

Congratulations to Nima Salary, our latest Consolidated Credit Financial Empowerment Award recipient! Nima is studying Civil Engineering Technology at Seneca…

Read full article 1 minute read

Canadian Deposit Insurance Company – What is it, and how does it protect us?

Insurance is one of those things you don’t really need until you absolutely, positively need it. It’s a vital component…

Read full article 5 minutes read

Melody Wright

Banking in Canada: How safe is my money?

We’ve been hearing a lot about American banks on the news. The collapse of Silicon Valley Bank (SVB), the near-deaths…

Read full article 5 minutes read

Melody Wright

Guaranteed Investment Certificate

A Guaranteed Investment Certificate (GIC) might sound intimidating, but it is one of the most uncomplicated and underutilized financial tools.…

Read full article 5 minutes read

Melody Wright

Food prices: What you need to know

Price changes, especially on necessities, really stand out to us. So many people are struggling to make ends meet right…

Read full article 5 minutes read

Veronica Ott

Successfully Negotiating Your Rental Agreement

Canadians are facing financial challenges right now. Between interest rate hikes and inflation, the cost of living is increasing. One…

Read full article 5 minutes read

Veronica Ott

Financial support for adult children

Why are more adult children getting financial support from their parents? Most parents with children between 18 and 35 (96%)…

Read full article 5 minutes read

Melody Wright

Managing Finances When You’re Laid Off

How to keep the anxiety at bay and weigh your options. In an uncertain economy, many of us are relying…

Read full article 7 minutes read

Owe way more taxes than expected? Here’s what to do

It can be intimidating to owe money to the Government of Canada. People often assume that the government will use…

Read full article 5 minutes read

Melody Wright

Contract agreement: Getting to know the fine print

Credit cards have become an essential part of everyday life for many people. Which is great! You can’t beat the…

Read full article 5 minutes read

Credit Card Cash Advance

In Canada, we’re fortunate to have a wide variety of credit products available to us. It can be challenging to…

Read full article 5 minutes read

Veronica Ott

What Is Negative Equity?

Equity is the ownership of assets that may have debts or other liabilities attached to them. It can be positive…

Read full article 5 minutes read

Jack Choros

Tax Credit Vs Tax Deduction: What’s The Difference?

Guess what? It’s almost time to file your tax return. Both tax credits and tax deductions can save you money…

Read full article 5 minutes read

Michelle Morra

What is your total credit card debt amount?

Provide a few details about yourself.

##first_name##, here are your next steps...

Get a clear picture of your spending vs. your income. Begin your online budget and financial analysis now by clicking the button above.

Our experts are here to help you understand your options and reach your goals. After you complete the easy-to-use online budget, one of our trained counsellors will reach out to you and provide recommendations.

Everything shared is 100% confidential and secure.

I understand and agree that by choosing “Start your online budget now”, I am voluntarily providing certain personal financial information in order to educate myself as to my current financial position. I understand that this budget tool is educational in nature, and that none of the information received in the form of a budget constitutes financial advice, nor does it constitute a counselling session. I understand and agree that the budget depends on the information I input into the fields, and that Company does not represent or guarantee the accuracy of the budget. I understand that this tool may collect information and should I choose not to provide such information, I am not to proceed further. If I choose to abandon the tool midway through the process, I understand that the information will not be maintained and I would be required to start providing the information from the beginning. Company disclaims all warranties associated with the budget tool herein. I understand and agree that Company may use the contact information provided herein to contact me through various means of communications, including automated messages, and that I expressly consent to receive these messages.

Consolidated Credit Counseling Services of Canada Inc BBB accredited business profile
BBB RATING: A+