Tag Archives: Debt Consolidation

One-third of Canadian households living paycheque to paycheque

One-third  of Canadians still live from pay-cheque to pay-cheque, according to Globe and Mail. We can empathize as many have gone through such periods, but do we have to continue this way. Skating on thin ice and peace of mind becomes an elusive goal.

A new survey suggests fewer Canadians are living from paycheque to paycheque, and more are putting money aside for a rainy day or retirement.

But there are still a large number that would face difficulties after one week of not receiving their cheques, and savings rates remain low, the results show.

The survey by the Canadian Payroll Association found 47 per cent saying they would be in financial dire straits if their pay was delayed as little as a week.

Living from Pay-Check to Pay-Check

Living from Pay Check to Pay Check

What happens when the unforeseen happens? Continue reading

Consolidation Advice: Is Debt Consolidation a Good Idea for YOU?

Debt consolidation and consolidation advice is absolutely critical to your debt-management plan—because it isn’t for everybody. Debt consolidation is a sensational idea for many, including those paying high interest rates across a myriad of debt sources, but a poor idea for those with lower interest rates but higher balances. So…is consolidation right for you? Consolidation … Read More

The Importance of Debt Consolidation In This Economy

When looking at the current economical landscape that we’re dealing with, it’s a privilege for us to even have full time jobs. With the costs of living on the rise, along with bolstered mortgage and financing rates, it leaves quite an impact on our personal financial situations. When the bills keep piling up, playing “catch … Read More