As we move through life, each new stage brings its share of joy and challenge. Just as April showers bring May flowers, it is often only after hard work, perseverance and planning that we see the benefit of our efforts. Planning for your financial future is no different.  Saving and planning can be incredibly beneficial when you are faced with...

Take a moment to think about your financial habits – good and bad. Do they mirror things your parents did? Was your father a diligent saver who was certain to be ready for that “rainy day”? Or did your family value new things, even if it meant going into debt? Understanding the origin of your financial habits and values can help you to get...

Today, the number of credit cards in Canada had grown to almost 65 million while the value of annual purchases made with credit cards increased more than ten times. The hard truth: More credit cards mean more credit card debt per person. Many Canadians are swamped by their monthly credit card obligations. Credit card debt is painful because often...

In these uncertain economic times, we’re all looking to save a little money, especially if we can do it without changing our lifestyle. Here are ten ways you can do just that. Taken together and applied over even a few months, they could make a noticeable difference to your family’s budget. The “small stuff” pays off. Pennies and nickels...

Serious debt problems arise when the amount you owe is out of balance with your income and household expenses (such as mortgage payments and utilities). The primary aim of managing your debt is to restore the balance either by increasing your income – difficult to achieve in an economic downturn – or setting and following a plan of...