I had received this blog and I wanted to share it with you. It outlines that “consumer credit accounts are roughly 45 percent of total household interest payments”. WOW, It’s no wonder we all feel the proverbial pinch, with every transaction being made on plastic, or electronically how are we supposed to manage our money anymore? With “enter…
We all know that debt is a regular part of your financial life, but at some point we all expect to get out of it – that’s what we plan for, and that’s why you’re reading this blog. But an interesting study released on behalf of CIBC indicates that Canadians are spending a much longer…
Do you have issues with personal debt? Well, you are definitely not alone. Average personal debt in Canada is on the rise – going up five percent over the past three months than the same period last year. This was reported by CBC at the beginning of this month. Canadians are spending more, and letting…
The Fraser Institute (some of the smartest money researchers in Canada) just released a report stating that Monday, June 6, 2011 was ‘Tax Freedom Day’. That means in a fictitious situation, all of the money you earned from January 1, 2011 until this past Monday would have gone to the Canadian Government via taxation –…
April is here and Canadians are hustling through their last minute tax filings. After the paper work is in, the ‘i’s are dotted and the ‘t’s are crossed, hopefully you’ve got a tax return on the way. If you do, here are a few great tips for what to do with that extra cash, and…
