People have varying opinions about the word “debt.” Some people view debt as a tool; others are wary of it; still others treat it like a two-flush corn log, refusing to touch it with a 10-foot pole. Despite these widely diverging viewpoints on the topic though, debt is a necessity for most of us, and it’s not nearly as well-understood as it should be. (more…)
If you’re like the majority of Canadians, you have multiple types of debt on your books. Maybe you have a mortgage, a car loan, a line of credit and a credit card. With Canadians now owing almost $1.70 for every dollar they earn according to Stats Canada, it’s no wonder one in three Canadians reported feeling overwhelmed by their debt.
So where do you start if you want to try and get out from underneath all that crushing debt? (more…)
Hey everyone, it’s been a little while since I wrote my original post explaining my student debt situation, and what I’m doing about it. Today, I’ve got my first update on how things are going! (more…)
If you’ve ever had a large amount of debt that wasn’t a mortgage, you probably know the feeling it gives you. That sinking feeling in the pit of your stomach, like there’s a ticking time bomb inside you that could go off at any moment. Maybe you feel like you’re being held back because you constantly have to make debt payments. (more…)
