Debt can be overwhelming, but there are many resources available. The good news is that you have options. Debt consolidation may sound like an easy way out of your debt problems, but it can come with a price for some people. Debt consolidation is sometimes needed if you’ve been turned down for credit or need […]
Category: Personal Finance
Category: Personal Finance
Are you looking for an understanding of Personal Finance in Nova Scotia? Look no further, our blog has an incredible amount of personal finance content. Read on!
Get Help With Debt
Being in debt can feel like you’re drowning. It becomes difficult to see a way out, and it gets harder and harder to ask for help with debt. If you’re struggling with debt and are finding that you can barely keep your head above water, don’t worry – debt help is available. Despite how it […]
Credit Card Debt Advice: All Your Options Explained
According to TransUnion’s most recent numbers, the average Canadian owes approximately $3,300 in credit card debt. While this may not seem like a lot, it is important that averages can often skew statistics. For example, in Canada, approximately 30% of Canadians are completely debt free. When you factor out those who have no debt and […]
Is a TSFA or an RRSP Better for Savings?
If you’ve made a New Year’s resolution to start saving at the beginning of the year, you may wonder what the best way is to save. The Canadian government has created two products for savings. A Tax-Free Savings Account (TSFA) is a registered product introduced in 2009. They presented it as an alternative to the […]
Savings and Investment Options
You’ve been told for years that you need to save money and perhaps it’s one of your New Year’s resolutions, but do you know what your savings and investment options are and have you made a decision? Three Factors to Consider for Savings and Investment Options When deciding where to save money, there are at […]
How to Avoid Common Debt Traps
Trying to live within your means and avoid crushing debt can be difficult. If you’ve been trying to stick to your financial New Year’s resolutions, there are many pitfalls and traps. Follow these tips to avoid common debt traps and maintain financial health. The Fear of Missing Out (FOMO) Media and marketing are constantly trying […]
Using Simple Tax Planning to Your Advantage
There is an old axiom, “The best time to plant a tree was 20 years ago. The next best time is today.” Don’t let tax planning failures in years past hinder your ability to make plans for this year. So, how can you start using simple tax planning to your advantage, avoiding tax debt? Using […]
Get Ready for Tax Time
As the calendar turns to February, Canadians began thinking about their annual ritual of preparing income tax returns. What can you do to get ready for tax time and make life a little easier for yourself? Get Ready for Tax Time and File on Time Regardless of your financial situation, it’s imperative to file your […]
Are Your Student Loans Coming Due This Year?
Attending post-secondary education, whether for a certificate, diploma, degree, or post-graduate degree, is a valuable investment. If you can, avoid incurring debt to attend a post-secondary institution. But if you required funding to help invest in your future, you may find your student loans coming due this year. When Do You Repay Student Loans? Nova […]