Blog

How to Pay Off Student Loans

Taking out student loans is a fairly common practice. Many young people do this for the sake of investing in their education or otherwise being able to attend college or university. Initially, being able to take out student loans and attend college may seem like a dream come true. However, this dream can quickly turn into a nightmare when young people are not only billed for the money they borrowed, …

Continue reading...

The Dangers of Borrowing Money

Virtually everyone has found themselves in a sticky financial situation. Unfortunately, it can happen to even the best of us. Sometimes emergencies happen, unexpected events take place, and without the proper savings, these occurrences can seriously disrupt our budgets and financial health. In cases like the aforementioned, the temptation to borrow money from a relative, friend, or financial institution can be great. While borrowing money has helped people in certain …

Continue reading...

What Self-Employed People Need to Know About Taxes

Virtually everyone dreads tax season and the inherent complexities which often accompany it. The process of doing one's taxes have become so difficult that many people hire professional accountants or tax specialists to take care of the procedure. However, taxes are somewhat different for self-employed individuals and whether they choose to do their taxes on their own or employ the services of a professional, it is still critical for people …

Continue reading...

How To Improve Bad Credit

The negative impacts of bad credit are extremely well-documented. The Balance strongly affirms that bad credit is generated by bankruptcies, property repossessions, late payments, and other poor financial decisions. Individuals who suffer from bad credit are furthermore likely to be charged higher interest rates and higher security deposits. They may also be denied loans altogether or have apartment applications turned down. Nevertheless, with the right lifestyle changes, bad credit can …

Continue reading...

Are You A Poor Money Manager?

We would all like to think we are good at managing money, but unfortunately--many of us are not! Good money management is a process, it's not something you are just good at. Now, even if you want to become proactive and become a good money manager, you're going to have to do more than just read a bunch of articles. You have to be willing to take accountability and take …

Continue reading...

7 Reasons Why Your Budget Isn't Working For You

wp-content/uploads/2016/04/business-budget.jpg Have you really asked yourself why your budget isn't working for you?  Now, clearly, you must know that a budget is absolutely critical to have if the goal is to pay off debt ?  You might be running into an issue where your calculated numbers just aren't matching up with what you've been working with.  You might be overspending, or you might be forgetting where some money is going, therefore …

Continue reading...

Canadians Budgeting For Rising Grocery Costs In 2015

Could Canadian debt reach upwards of $1,084 trillion by the end of 2015?  According to the most recent study carried out by The Canadian Lifestyles 2015 it very well could.  While Canadians are certainly interested in paying down their debt they aren't interested in cutting back on food, nor are they seemingly too concerned with their spending habits at the holidays.  Could this be a bad sign for the wallets …

Continue reading...