Money Management Blog
Welcome to the Credit Counselling Society’s Blog.
Debt Help Blog
Bankruptcy, Budgeting, Credit Counselling & More
Learn all sorts of great ways to manage your money better, solve your debt problems, and use your credit more wisely. We also tackle a lot of credit myths and misconceptions. Do you have questions about money management, budgeting, or credit? If you need advice or help with your debts email us your questions or chat with us online. We’re happy to help.
Select a Category
Do you know what net worth is? You see the term pop up all the time when reading about millionaires amassing net worths with at least six figures, but calculating your net worth as an every day Canadian consumer can be worthwhile too.
Despite it crossing your mind when you’re in financial trouble, filing bankruptcy may not be the right solution for you.
What is the bankruptcy process in Canada and is it a viable solution for your debt problems? When you’re struggling to pay off your debts and you’re inundated with collection calls and letters, easing your money worries and debt-related stress is top of mind.
Working towards your financial goals is a great, proactive move, but if goals are unrealistic, you could be setting yourself up for disappointment and veering off track.
If you’re struggling to manage several credit cards with different due dates, a Debt Management Program (DMP) may be an ideal solution to help you stay organized and out of the red.
Do you want to know the steps for the best way to handle credit card debt and debt repayment? Paying off credit card debt is one of the biggest financial hurdles Canadian consumers grapple with.
From paying off debt to creating an emergency fund and getting savings in the bank, your financial fate hinges on key money management basics. Getting familiar with the fundamentals of how to manage money lays the groundwork to achieving your financial goals.
Applying for a credit card or loan is the easy part; using credit wisely can be much harder. Managing debt payments is crucial to using credit. Myths around how much to borrow, how much to pay, when to pay it, and what to do if you can’t afford to pay abound. Here are 5 myths; can you tell fact from fiction?
Managing money as a couple can be tricky to sort out with two incomes and two financial situations merging. While you’re trying to manage money jointly, there could be major disparities in pay, previous debt loads and differences in budget and lifestyle expenses.
The severe winter storms in both Canada and the States should cause us to think about our finances. Three smart money management tips gleaned from Old Man Winter include saving on heating costs, planning for emergencies, and preventing costly health and medical expenses.
For many Canadians it’s “that” time, to face the monumental task of dealing with the Christmas bills and holiday debt hangover, now that the Christmas tree has been taken down and the decorations put away. This can be a very stressful for time and cause a lot of money worries.
Blue Monday 2019 pops up in the already tough month of January. The holidays are done, the decorations are in storage, we’re in the middle of winter, and depending on where you live in Canada, you may have at least 3-4 months left of the white stuff.