Personal bankruptcy is a legal process that will get rid of your debts. However, there are a handful of things, like child support and recent student loans, that do not go away. When you file personal bankruptcy in Ontario,…
How Much Do You Need for a Money Emergency No matter how little cash you have, you need to plan for a money emergency. And that plan should NOT include a cash advance. Or calling anyone who’s on your mobile…
Unemployed and think you can’t pay your credit cards? Don’t push the panic button yet. You’ll need your energy to figure out a plan. There are definitely steps you can take to gain more control over the situation. Because the…
In India, you can go to jail for your debts. How about Canada? Not a chance. Unless of course, you’ve committed fraud. But then fraud is a whole ‘nother thing. So, exactly what does happen if you are not able…
It’s Financial Literacy Month and this is the finale of a two-part series to help learn how to take charge of your finances. You can read Learn How to Take Charge of our Finances Part I here. In the previous…
Savvy Canadian consumers are learning more about managing money and debt, saving for the future, and understanding their financial rights and responsibilities. That’s because it’s Financial Literacy Month. This year’s theme is, “Take Charge of Your Finances”. We’re joining financial…
7 Steps to Perfect Personal Financial Management What do Larry King, Mike Tyson, MC Hammer, and Marvin Gaye all have in common? A personal financial crisis has destroyed their lives. Proof that even the mighty can fail when it comes…
2500 years ago Greek philosopher Heraclitus said we should “expect the unexpected”. Clever eh? But what the heck does it mean? How can you expect the unexpected? Actually, insurance companies do it all the time. Their fancy-schmancy mathematicians calculate the…
There are plenty of good, common-sense recommendations for ways to solve your personal financial problems. Great advice, to be certain. However, there are also long-standing recommendations to quit smoking. This advice is even backed with tons of research and evidence.…
