You already know what winter means for Canadians: Shovelling the driveway, scraping the ice off your vehicle in the morning, bundling up for 10 minutes before facing the outdoors and of course; the most expensive electricity bill you can expect to receive during the year. Winter’s about half way through (we hope!) but there’s still ...
Do you have any idea how much fees you pay each year to your bank? Most people do not pay attention to these fees and at the end of the year, the total amount is certainly higher than what people expected to pay. In Canada, the total amount of banking fees paid by an average ...
Is becoming a homeowner one of your dearest dreams? Be prepared, Canadian real estate is currently paved with obstacles making the way to homeownership difficult. For example, the housing costs never cease to increase. The challenges are so great that it forces some to postpone their plans to become owners or even to discourage other. ...
Are you currently in a precarious financial situation? Navigating through all the different loans offered by many financial institutions or private lenders can be confusing. It can feel stressful and hopeless. Do not panic! There is a type of loan for every situation and the most common possibilities are listed and explained below. There ...
Are you flat broke and swimming in a sea of debt? Is it difficult for you to pay off your bills on time? If one of these situations apply to you, you are probably stressed out by your financial instability. But do not panic! Debt counselling can help you regain your monetary security. The financial ...
As a recent graduate, you may be struggling between finding a new job and paying off your student loan. In an ideal world, everyone would have a good paying career after he or she finished her or his post-secondary education. However, in reality, students often have difficulty to find a job following graduation. Making ...
Sometimes the unexpected events of life put you in a little sensitive financial situation. For example, you need to do purchases related to the repair of the car or to hospital expenses. Or maybe, sometimes you simply need an extra money to do some home renovations but you are left with no alternative but to ...
If you intend to buy a house recently, you already know that shopping for a new home in a red-hot market is not an easy task. Properties located in much-appreciated neighborhoods are so valued and in great demand that buyers are often forced to buy hastily without even considering housing inspections or financing clauses. ...
Whether you forgot the bill under a pile of documents on your desk or you had unpredictable fees to pay that prevent you to pay your bill on time, late payments happened to everyone. As a result, you know your credit score will be affected. Don’t worry, this is not irreparable. Here are some tips ...
Nowadays, students’ financial situation is an important issue wherever the university they are studying in. Many of them are dealing with colossal student debts that prevent them from fully enjoying their student life the way they should. Well, if you are a student and you owe a huge sum, it’s your lucky day! This ...
“Pass Go and collect $200”. If only life was as easy as Monopoly… You may be planning to renovate your house or looking for funds for your next vacation. Either way, personal loans can help you achieve your financial goals. However, you need to be on the look-out for some key elements. WHAT ...
Even if we often hear about home equity loan, the concept can be quite vague. Some people even make confusion between home equity loan and home equity line of credit, which are two totally different things whether it is by their terms or the rates applied to each of them. Let’s go back to the ...
Nowadays, it is hard to lead a normal life without a credit card or loans. When you are unable to repay what you have borrowed, it becomes quite difficult, if not impossible, to get any more credit. When you find yourselves in this situation, you must find out the best options as soon as ...
According to Statistics Canada, canadian debt has increased by 23% over ten years ago. This situation may seem alarming and worrisome because the debt ratio keeps on growing, but in itself, it is not that dramatic if you know how to get out of debt or how to stay out of debt. However, the ...
Canadian students loans is an important issue in our country today. The Canadian Federation of Students evaluates the average debt of students to 28.000$. Usually, students take more or less ten years to repay this amount of money. A student loan can sometimes appear as a source of stress or can contribute to creating ...
Sometimes, no matter how hard you try, you seem to keep on living paycheck to paycheck. Which means that you spend an amount equal to all or more of your net pay each week. For some people, if their paycheck was delayed by a single week, they would be in a difficult financial situation. ...
During grocery shopping, do you sometimes end up at the checkout with a bigger bill than your wallet allows? It may be because you didn’t plan a shopping list ahead or you stepped foot in a supermarket with an empty stomach! Fortunately, there are a lot of strategies that can help you save money ...
Either you are an enthusiastic traveler or you are traveling for the first time, trips can cost a lot and cannot be a rushed decision. The final amount may vary according to your destinations but your expenses are considerable and should not be ignored. Here are a few tips which can help you save money ...
Your credit report compiles all the information about your credit habits and creates a tool that can be used by lenders and creditors to assess your creditworthiness. Having a bad credit in Canada, and everywhere else, is almost as compelling and restrictive as having a criminal record. In other words, in the eyes of ...
Your credit score is vital for your healthy financial future. It will determine your eligibility for loans and mortgage. Sadly, the credit score is still mysterious and unknown to many. Some even discover they have a bad credit. It is important to understand all its ramifications if you ever want to improve it or to ...
