FINANCIAL DECISIONS ARE TOUGH WHEN YOU’RE BACKED INTO A CORNER. A couple, two kids, two jobs, debt, minimum wage and house hunting. Sound familiar? Find out what the Ontario minimum wage hike means for them and whether they should jump into the housing market now before it becomes even more expensive. Managing debt is one of the single most boring tasks that anyone wants to do BUT we need to do. I often get emails from readers about their debt problems when it becomes a serious matter. Don’t make the mistake of waiting until it’s too late to pull yourself out from under, do it before. Worst of all don’t add more debt to the mix unless you’re confident you can make more money from it or that you can pay it off. House hunting is a big task that many people take on especially during the spring and summer months. Real estate agents are ready to go and want to start house hunting with their clients. Any time a young person messages me about managing debt the debt help they seek is about four things: School Debt Consumer Debt (credit card, bank loans etc.) Personal loans Mortgage The […]
Should Managing Debt Come Before House Hunting for this couple? : The Saturday Weekend Review #226
Stop Blaming The Government For All Of Your Debt Problems
DEBT= Don’t Ever Buy Things On Credit Debt for most Canadians is still a reality and likely will be for a long time unless something changes but not necessarily from a political aspect but a personal one. Is the Canadian government to blame for all of our debt problems or should we start taking responsibility for the way we are spending and saving money? The past few days I’ve spent what little free time I have in between working 7 days a week, family responsibility and blogging to catch up with what’s happening in the world of Canadian Finance. With the internet flooded with resent for the Wynne Liberal government who are under fire right now especially with the increase in hydro costs that are creating energy poverty for Canadians who simply can’t afford to pay these price hikes. Our hydro has more than doubled in the past year and our habits have not changed which means we continue to be conscious of utility usage. What’s even worse is there are plans in the works to phase out natural gas, homes will need an energy audit when put up for sale and renovations based on energy efficiency. This is […]
