Financial News (Page 3)

How to Gauge Your Level of Financial Stability

Financially stability, what does that mean exactly? If you’re thinking “this is a topic for rich people” think again. Being…

Read full article 5 minutes read

Save Money on Christmas Shopping and Holiday Expenses

This Christmas shopping season, a survey conducted by Deloitte Canada reported that each Canadian household plans to spend $1520 each this…

Read full article 11 minutes read

Financial Literacy: The Importance of Talking to Kids About Money

As a child, I was fascinated by money. At eight years old, I would take the out-of-circulation bills my father…

Read full article 4 minutes read

Clifton Corbin

Emergency Funds or Debt – Where to Put Money First?

As you stare at your account balances, you wonder what to do. Should you put that bonus you just got…

Read full article 5 minutes read

Remission Review: Money Back in Your Pocket

Occasionally, taxpayers encounter incorrect tax assessments. Leading to them owing a large amount of money made up of mostly penalties…

Read full article 5 minutes read

Best Time to Take OAS and CPP Payments

Thinking about retirement can be overwhelming even for the most financially savvy among us. It’s easy to avoid conversations about…

Read full article 5 minutes read

The Labour Market is Changing Why, How, and What Does it Mean For You?

Currently, the Canadian labour market is living through unprecedented times. The job market is the tightest its ever been due…

Read full article 6 minutes read

Using RRSP to Pay Off Debt

Many Canadians struggle to make ends meet within the current economic climate. On top of recovering from the global pandemic,…

Read full article 5 minutes read

Revolving Credit vs Installment Credit

As many of us know, one of the only ways to start making large purchases is to build a solid…

Read full article 6 minutes read

Mortgage Breaking Penalty – What is it and when it’s worth it.

Though mortgages are an excellent solution for those looking to own a home, they haven’t been spared from the current…

Read full article 6 minutes read

Protect Your Finances During a Recession

Over the last couple of years, we’ve been dealing with a lot of turmoil around the world. Many of us…

Read full article 5 minutes read

What is an Overdraft?

Overdrafts occur when an account has insufficient funds to cover a transaction, but the bank allows it to go through…

Read full article 5 minutes read

What to do if you’re facing wage garnishment

Many are struggling with high inflation and high housing costs. Some are struggling so much they’re facing wage garnishment. These…

Read full article 5 minutes read

High-Interest Loans – How to Avoid Predatory Lending

Inflation has risen again, hitting a new 39-year high of 8.1%. The Bank of Canada has also increased policy interest…

Read full article 6 minutes read

2022 First-Half Scholarship Winner

Our Scholarship Essay Writing Prompt: Have you altered your expectations regarding finding a job, where you will work, and the…

Read full article 4 minutes read

Government Imposes New Rules for Borrowing Against Home Equity

Houses are thought to be one of the safest investments. By purchasing a home, you are locking in a nest…

Read full article 5 minutes read

Buy Now, Pay Later – Good or Bad Idea?

The eCommerce surge during the pandemic nudged many Canadians into buying online. The “buy now, pay later” concept isn’t new,…

Read full article 5 minutes read

Gambling Addiction and Debt

For some, poor money management skills is an inability to develop healthy financial habits. Others, struggle with an addiction to…

Read full article 6 minutes read

What is Financial Therapy?

People stressing over money go as far back as money itself. Until recently, this stress was historically attached to recessions…

Read full article 5 minutes read

How a Credit Counsellor Can Help You

Owing money is a very personal problem. Some people are embarrassed that they can’t pay their bills. Some are so…

Read full article 4 minutes read

Retail Therapy – There Are Better Alternatives

Does stepping inside a mall put a spring in your step? Does shopping help you forget your troubles? If so,…

Read full article 5 minutes read

Taking On the No-Spend Challenge

You would like some savings as an emergency fund. It would be nice to pay cash for that new barbeque…

Read full article 5 minutes read

Credit Card Debt, What it’s Actually Costing You

There are a staggering 76.2 million credit cards in circulation in Canada. That’s only taking MasterCard and Visa into consideration.…

Read full article 5 minutes read

What Does an Ontario PC Government Mean for Family Finances?

Election results are in so it’s time to take another look at your family’s finances. Ontario Premier Doug Ford has…

Read full article 5 minutes read

CERB Repayment – What to do if You Can’t Afford to Pay the Money Back

During COVID, lockdowns led to many not being able to work. To help those out of a job because of…

Read full article 4 minutes read

The History of Income vs Inflation in Canada

A vital sign of the success of Canada’s monetary policy is inflation. Inflation is the rate of change in consumer…

Read full article 5 minutes read

In-Demand Skills that Increase Income

We are in difficult economic times. Between high home prices, inflation and high national debt, it can be a challenge…

Read full article 4 minutes read

Being Underpaid? How to Know and What to Do About It

It almost feels like time is ticking backwards. You check the clock again. Less than an hour to lunch, but…

Read full article 6 minutes read

Stretching Your Income During High Inflation

During periods of high inflation, everyone wants to find creative and simple ways to stretch their income. Unfortunately, many of…

Read full article 5 minutes read

Higher Non-Resident Speculation Tax Means Affordable Housing for Canadians

What is the Non-resident Speculation Tax and why is it being implemented? Who has to pay NRST and why exemptions…

Read full article 4 minutes read

What is your total credit card debt amount?

Provide a few details about yourself.

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