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.

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Top 10 Budgeting Tips to Start Using for Financial Literacy Month

Top 10 Budgeting Tips to Start Using for Financial Literacy Month

In celebration of the 10th anniversary of Financial Literacy Month in Canada, here are 10 top budgeting tips to help you manage your money and debt better. Read More

Will Declaring Bankruptcy Solve My Debt Problems?

Will Declaring Bankruptcy Solve My Debt Problems?

When it feels like your debts are out of control, you might wonder if bankruptcy will solve your problems. It's a big step and thankfully there are options to explore first. Read More

Get Debt Relief from Your Mortgage, How to Avoid Foreclosure, Canada

Get Debt Relief from Your Mortgage, How to Avoid Foreclosure, Canada

If you’re struggling to make your mortgage payments or can’t pay your mortgage at all right now, there are things you can do that will help you to avoid foreclosure and ... Read More

Five Reasons to Avoid Instant Payday Loans

Five Reasons to Avoid Instant Payday Loans

An emergency can happen when you least expect it. When you’re not prepared financially, you might be tempted to take out a payday loan. Here's why not to & what to do instead. Read More

Best Location for a Debt Consolidation Loan in Ontario

Best Location for a Debt Consolidation Loan in Ontario

Here is a quick guide ranking the best debt consolidation options in the order we would suggest you look at them, plus pros and cons we think you'll want to know about. Read More

Joint Debt Problems: How to Deal With and Avoid Joint Debts

Joint Debt Problems: How to Deal With and Avoid Joint Debts

Joint debts usually happen with the best of intentions. But when things go wrong, they can go really wrong for both people. Here are tips to help you sort things out. Read More

Can You File for Bankruptcy and Keep Your House?

Can You File for Bankruptcy and Keep Your House?

Can You File for Bankruptcy and Keep Your House? By Jordan EvansA lot of people ask us the question, “Can you file for bankruptcy and keep your house?” The answer depends Read More

How to Avoid Debt Settlement & Debt Relief Company Scams | Canada

How to Avoid Debt Settlement & Debt Relief Company Scams | Canada

When trying to get out of debt, don't get caught paying large fees that don't improve your situation. Or worse, put you further behind to a point where creditors take ... Read More

Debt Collection Agency Call or Letter, How to Communicate Effectively

Debt Collection Agency Call or Letter, How to Communicate Effectively

What to Do When You Receive a Debt Collection Letter or Call | Canada By Kelly GabrielQ: Our son was over for dinner last night and I could tell something was bothering ... Read More

Should Working, Adult Children Who Live at Home Pay Rent?

Should Working, Adult Children Who Live at Home Pay Rent?

Should Working, Adult Children Who Live at Home Pay Rent? By Kevin SunThere are many reasons why it’s a bad idea to financially bail out your adult children when they’re ... Read More

How to Get a Good Credit Score, Fix Bad Credit & Be Debt Free

How to Get a Good Credit Score, Fix Bad Credit & Be Debt Free

How to Get a Good Credit Score and Fix Bad Credit in Canada By Debra PangestuIf you are wondering how to fix your credit score in Canada or resolve some bad credit issues Read More

7 Things That Are Not On Your Credit Report

7 Things That Are Not On Your Credit Report

7 Things That Are Not On Your Credit Report By Julie JaggernathYour credit report is a snapshot of your financial situation at a single point in time. Your credit history Read More

How Does Debt & Credit Card Settlement Affect Your Credit Score?

How Does Debt & Credit Card Settlement Affect Your Credit Score?

How Does Credit Card Settlement Affect Your Credit Score? By Kelly GabrielCredit card settlement is one form of credit card debt relief that might work for you if you’re ... Read More

Should I Save for My Future or Pay Off My Student Loans?

Should I Save for My Future or Pay Off My Student Loans?

Should I Save for My Future or Pay Off My Student Loans? By Jordan Evans & Julie JaggernathWhen it comes to student loans, many people want to get rid of them as ... Read More

Never Pay High Rates at Cheque Cashing Centres Again! Free Alternatives to Get Your Cash, Fast

Never Pay High Rates at Cheque Cashing Centres Again! Free Alternatives to Get Your Cash, Fast

Never Pay High Rates at Cheque Cashing Centres Again! Free Alternatives to Get Your Cash, Fast By Christi PosnerCheque cashing centres make it really easy to get cash ... Read More

How to Get Out of Debt with Bad Credit | Help in Canada

How to Get Out of Debt with Bad Credit | Help in Canada

How to Get Out of Debt With Bad Credit Help in Canada By Christi PosnerIf your credit is battered or bruised, help is available without the need for paying high interest ... Read More

How to Pay Off Debt and Bills Quickly in Canada

How to Pay Off Debt and Bills Quickly in Canada

How to Pay Off Debt and Bills Quickly in Canada By Julie JaggernathHave you hit a brick wall trying to find the best or fast way how to pay off debt quickly? Rather than ... Read More

Great Ways to Conserve Electricity and Save Money at Home

Great Ways to Conserve Electricity and Save Money at Home

Great Ways to Conserve Electricity and Save Money at Home Guest post by Mike BrasovanShuddering at the sight of your latest electric bill? As the weather continues to ... Read More

How to Stop Collection Calls and Creditor Harassment

How to Stop Collection Calls and Creditor Harassment

How to Stop Collection Calls and Creditor Harassment By Jordan Evans You’re drowning in debt and now you’re on the receiving end of a nasty, never-ending string of phone ... Read More

How To Pay Off Credit Cards as Quickly as Possible

How To Pay Off Credit Cards as Quickly as Possible

How To Pay Off Credit Cards as Quickly as Possible by Stacy Yanchuk OleksyIf you’re looking for how to pay off credit cards on your own and get out of debt, you’ve made a Read More

I Need Financial Help Right Now – Immediately | Canada

I Need Financial Help Right Now – Immediately | Canada

I Need Financial Help Right Now in Canada By Kelly GabrielIf you are struggling with your finances and you’re thinking, “I need financial help right now! Fast!” We can ... Read More

How to Stop Collection Calls and Effectively Deal with Collection Agencies in Canada

How to Stop Collection Calls and Effectively Deal with Collection Agencies in Canada

How to Stop Collection Calls and Effectively Deal with Collection Agencies in Canada By Debra PangestuHaving debt and being on the receiving end of collection calls is a ... Read More

How Credit Card Cash Advances Work & What to Do Instead

How Credit Card Cash Advances Work & What to Do Instead

How Credit Card Cash Advances Work & What to Do Instead By Carmen Chan & Julie JaggernathCredit card cash advances are so tempting – sometimes you’re in a pinch ... Read More

Is Bankruptcy My Best Option? 6 Instances When Declaring Bankruptcy in Canada May Not Be Right For You

Is Bankruptcy My Best Option? 6 Instances When Declaring Bankruptcy in Canada May Not Be Right For You

Is Bankruptcy My Best Option? 6 Times When Declaring Bankruptcy in Canada May Not Be Right For You By Debra Pangestu When you’re in financial difficulty, declaring ... Read More

So Much to Lose if You Don’t File Taxes – File & Benefit Your Budget

So Much to Lose if You Don’t File Taxes – File & Benefit Your Budget

There’s so Much to Lose if You Don’t File Your Taxes How Filing Your Taxes On Time Can Benefit Your Budget By Julie JaggernathA few years ago my husband became quite ill ... Read More

Should I Pay Off Debt or Save Money?

Should I Pay Off Debt or Save Money?

Should I Pay Off Debt or Save Money? By Jordan EvansNow that the holidays have come and gone and many of us are attempting to deal with our holiday ... Read More

4 Common Debt Consolidation Mistakes & How to Avoid Them

4 Common Debt Consolidation Mistakes & How to Avoid Them

4 Common Debt Consolidation Mistakes & How to Avoid Them By Kelly GabrielAfter months of stress from a growing pile of credit card statements and a continuous stream ... Read More

Can I Keep My Car If I File for Bankruptcy?

Can I Keep My Car If I File for Bankruptcy?

Can I Keep My Car If I File for Bankruptcy? By Jordan Evans We find a common question people ask is “Can I keep my car if I file for bankruptcy?” They want to know what ... Read More

What to Do if You are Sued by Creditors

What to Do if You are Sued by Creditors

Help, I'm Being Sued! What To Do When You Receive a Notice of Claim for a Debt By Clare SmithYou know you’re being sued for a debt when you receive a Notice of Claim. A ... Read More

7 Bankruptcy Myths in Canada

7 Bankruptcy Myths in Canada

Bankruptcy Myths and Misconceptions By Julie JaggernathBankruptcy one of the first things that comes to mind for many Canadians who are experiencing financial difficulty, Read More

Top 5 Reasons People are Declined for Debt Consolidation Loans

Top 5 Reasons People are Declined for Debt Consolidation Loans

Top 5 Reasons Debt Consolidation Loans Applications Are Declined By Christi PosnerWhen people begin to experience financial difficulty, they often look at debt ... Read More

5 Steps to Rebuilding Credit in Canada

5 Steps to Rebuilding Credit in Canada

5 Steps You Can Take to Rebuild Your Credit Score By Debra PangestuPast money mistakes can have an impact on our credit score and hamper our chances of qualifying for a ... Read More

How to Get Out of Debt in 2020

How to Get Out of Debt in 2020

12 of the Best Ways to Get Out of Debt Quickly By Jordan Evans & Julie JaggernathA lot of people tell us that they would love to pay down their debt or completely get Read More

How to Pay Debt Off With No Money

How to Pay Debt Off With No Money

How to Pay Off Debt With No Money Are you wondering how to pay off debt with no money? Maybe you’re in a situation where you or your family have a budget that’s barely ... Read More

How to Decide If Downsizing Your Home When You’re in Debt Is Worth It

How to Decide If Downsizing Your Home When You’re in Debt Is Worth It

How to Decide If Downsizing Your Home When You’re in Debt Is Worth It If you’re thinking about downsizing, crunch your numbers carefully because it might cost you more ... Read More

4 Reality Checks to Make Before Starting a Side Hustle

4 Reality Checks to Make Before Starting a Side Hustle

4 Reality Checks to Make Before Starting a Side Hustle Thinking through a side hustle before you start is much better than facing a personal and financial reality check ... Read More

3 Tips for Solving Money and Family Budget Arguments

3 Tips for Solving Money and Family Budget Arguments

3 Tips for Solving Money and Family Budget Arguments Just as it’s normal to love your family, it’s normal to argue with them about money. An APA survey reported that 31% ... Read More

Keep Home Renovation Costs from Breaking Your Budget

Keep Home Renovation Costs from Breaking Your Budget

Keep Home Renovations Costs from Breaking Your Budget Home renovation costs can be hard for anyone’s budget. Maybe you’re planning to live in your house for a while, or ... Read More

3 Ways to Help Family or Friends in Financial Trouble

3 Ways to Help Family or Friends in Financial Trouble

3 Ways to Help Family or Friends in Financial Trouble When a family member or friend is in financial trouble it’s normal to want to help. They might be in a difficult ... Read More

Choose the Right Debt Consolidation Plan for You

Choose the Right Debt Consolidation Plan for You

Choose the Right Debt Consolidation Plan for You Are you missing payments on your car lease, skipping credit card due dates, and barely chipping away at your line of ... Read More

7 Debt Repayment Mistakes That Are Keeping You In the Red

7 Debt Repayment Mistakes That Are Keeping You In the Red

7 Debt Repayment Mistakes That Are Keeping You In the Red Does it feel like no matter how hard you work at eliminating your debts, you just can’t seem to get the upper ... Read More

How to Cut Costs for an Emergency Budget

How to Cut Costs for an Emergency Budget

How to Cut Costs for an Emergency Budget When your income suddenly drops, your spending may have to as well. Many Canadians don’t have an emergency fund to help weather ... Read More

Weighing the Pros and Cons of 5 Top Strategies to Pay Off Debt

Weighing the Pros and Cons of 5 Top Strategies to Pay Off Debt

Weighing the Pros and Cons of 5 Top Strategies to Pay Off Debt Do you ever wonder about the top strategies to pay off debt? The path to being debt-free requires ... Read More

How to Lower Fixed Expenses on Your Budget When You’re Paying Off Debt

How to Lower Fixed Expenses on Your Budget When You’re Paying Off Debt

How to Lower Fixed Expenses on Your Budget When You’re Paying Off Debt Setting a budget and trimming down monthly expenses are key priorities for anyone working on paying Read More

How to Stop Relying on Your Credit Cards to Make Ends Meet

How to Stop Relying on Your Credit Cards to Make Ends Meet

How to Stop Relying on Your Credit Cards to Make Ends Meet Credit cards come with steep interest rates, will add up to a mountain of debt if not managed carefully, and ... Read More

Dealing with Debts as a Homeowner or Renter During the COVID-19 Crisis and Beyond

Dealing with Debts as a Homeowner or Renter During the COVID-19 Crisis and Beyond

Dealing with Debts as a Homeowner or Renter During the COVID-19 Crisis and Beyond Owning or renting a home can be a pricey undertaking. When you own, beyond the initial ... Read More

Your Finances During the Coronavirus Outbreak, Is Your Emergency Budget Prepared?

Your Finances During the Coronavirus Outbreak, Is Your Emergency Budget Prepared?

Your Finances During the Coronavirus Outbreak, Is Your Emergency Budget Prepared? Is your budget prepared for the potential economic impact of a pandemic illness? As ... Read More

Steps for Effective Personal Finance Management and Planning

Steps for Effective Personal Finance Management and Planning

Steps for Effective Personal Finance Management and Planning For some people, personal finance management is a passionate hobby, while for others it’s a daunting chore. ... Read More

Avoid an Unexpected Financial Crisis and What to Do If Disaster Strikes

Avoid an Unexpected Financial Crisis and What to Do If Disaster Strikes

Avoid an Unexpected Financial Crisis and What to Do If Disaster Strikes Sometimes catastrophe strikes and we end up in a financial crisis. From natural disasters, ... Read More

How to Find the Money to Pay Off Debts – Try a No Spend Challenge

How to Find the Money to Pay Off Debts – Try a No Spend Challenge

How to Find the Money to Pay Off Debts – Try a No Spend Challenge If you’re looking to find the money to pay off debt quickly, or even jump start your savings fund, ... Read More

Almost Free from Credit Card Debt? 6 Things to Do to Stay Out of Debt

Almost Free from Credit Card Debt? 6 Things to Do to Stay Out of Debt

Almost Free from Credit Card Debt? 6 Things to Do to Stay Out of Debt You’ve tackled your credit card debt, stayed committed to your debt repayment plan, and after years ... Read More

13 Money Saving Tricks to Pay Off Debt Quickly

13 Money Saving Tricks to Pay Off Debt Quickly

13 Money Saving Tricks to Pay Off Debt Quickly So you’re ready to charge full steam ahead at paying off your debt, doing everything you can to throw extra cash at your ... Read More

4 Common Financial Goals – How to Make Them SMART & Be Successful

4 Common Financial Goals – How to Make Them SMART & Be Successful

4 Common Financial Goals – How to Make Them SMART & Be Successful When you’re new to setting financial goals, you might want to see some specific examples. Here are 4 Read More

New Year’s Resolutions: How to Set and Achieve Specific Financial Goals in 2020

New Year’s Resolutions: How to Set and Achieve Specific Financial Goals in 2020

New Year’s Resolutions: How to Set and Achieve Specific Financial Goals in 2020 I want to lose weight. I want to save more money. I want to get out of debt. I want to ... Read More

Year-End Checklist: 9 Things to Do for a Financially Successful 2020

Year-End Checklist: 9 Things to Do for a Financially Successful 2020

Year-End Checklist: 9 Things to Do for a Financially Successful 2020 Welcome to 2020 – a clean slate to turn over a new leaf with your finances. As yet another year draws Read More

How to Get Through Holiday Spending When You’re Tackling Debt Repayment

How to Get Through Holiday Spending When You’re Tackling Debt Repayment

How to Get Through Holiday Spending When You’re Tackling Debt Repayment With the Christmas season comes shopping lists, holiday spending, dinner party meals, and other ... Read More

Christmas Budgeting Tips

Christmas Budgeting Tips

Practical Tips to Avoid Debt During the Holiday Season With a week to go before the big day, you’ve got the big bushy Christmas tree, the perfectly wrapped presents, the ... Read More

The Simplest Way to Track Your Money

The Simplest Way to Track Your Money

The Simplest Way to Track Your Money By Julie Jaggernath Keeping track of our money can be as simple or as complicated as we make it. It comes down to how you view your ... Read More

Where Can I Get Free Bankruptcy Counselling, Including Alternatives?

Where Can I Get Free Bankruptcy Counselling, Including Alternatives?

Where Can I Get Free Bankruptcy Counselling, Including Alternatives? If you’re curious about declaring bankruptcy and want to look into free bankruptcy counselling, there Read More

What is Net Worth and Why is it Important When Dealing with Debt?

What is Net Worth and Why is it Important When Dealing with Debt?

What is Net Worth and Why is it Important When Dealing with Debt? Do you know what net worth is? You see the term pop up all the time when reading about millionaires ... Read More

5 Reasons Why Declaring Bankruptcy May Not Be Right for You

5 Reasons Why Declaring Bankruptcy May Not Be Right for You

5 Reasons Why Declaring Bankruptcy May Not Be Right for You You may be wondering: is declaring bankruptcy right for me? You can’t keep up with minimum payments on your ... Read More

What Is the Bankruptcy Process in Canada?

What Is the Bankruptcy Process in Canada?

What Is the Bankruptcy Process in Canada? What is the bankruptcy process in Canada and is it a viable solution for your debt problems? When you’re struggling to pay off ... Read More

What To Do When Your Financial Goals Feel Unrealistic

What To Do When Your Financial Goals Feel Unrealistic

What To Do When Your Financial Goals Feel Unrealistic Working towards your financial goals is a great, proactive move, but if goals are unrealistic, you could be setting ... Read More

What is a Debt Management Program (DMP) and Will It Work for Me?

What is a Debt Management Program (DMP) and Will It Work for Me?

What is a Debt Management Program (DMP) and Will It Work for Me? If you’re struggling to manage several credit cards with different due dates, a Debt Management Program ... Read More

What Is the Best Way to Handle Credit Card Debt and Debt Repayment?

What Is the Best Way to Handle Credit Card Debt and Debt Repayment?

What Is the Best Way to Handle Credit Card Debt and Debt Repayment? Do you want to know the steps for the best way to handle credit card debt and debt repayment? Paying ... Read More

Money Management Basics: Top Tips for How to Manage Your Money

Money Management Basics: Top Tips for How to Manage Your Money

Money Management Basics: Top Tips for How to Manage Your Money From paying off debt to creating an emergency fund and getting savings in the bank, your financial fate ... Read More

5 Myths About Debt Payments – Fact versus Fiction

5 Myths About Debt Payments – Fact versus Fiction

5 Myths About Debt Payments – Fact versus Fiction By Julie Jaggernath Do you know the difference between fact and fiction when it comes to debt payments? Whether you’re ... Read More

What Does It Mean to Set SMART Financial Goals?

What Does It Mean to Set SMART Financial Goals?

What Does It Mean to Set SMART Financial Goals? Whether your aim is to pay off your credit card debt, save for retirement, or work on another money goal, learning how to ... Read More

3 Strategies to Manage Money as a Couple with Debt or Income Disparity

3 Strategies to Manage Money as a Couple with Debt or Income Disparity

3 Strategies to Manage Money as a Couple with Debt or Income Disparity Managing money as a couple can be tricky to sort out with two incomes and two financial situations ... Read More

3 Smart Money Management Tips Revealed Through Winter Storms

3 Smart Money Management Tips Revealed Through Winter Storms

3 Smart Money Management Tips Revealed Through Winter Storms By Julie Jaggernath All of the snow shovelling we recently had to do gave me time to think about what smart ... Read More

Christmas Bills and Holiday Debt Hangover, What Can You Do?

Christmas Bills and Holiday Debt Hangover, What Can You Do?

Christmas Bills and Holiday Debt Hangover, What Can You Do? By Stacy Yanchuk Oleksy For many Canadians it’s “that” time, to face the monumental task of dealing with the ... Read More

Don’t Let Blue Monday 2019 Drag You Down

Don’t Let Blue Monday 2019 Drag You Down

Don’t Let Blue Monday 2019 Drag You Down By Stacy Yanchuk Oleksy Blue Monday 2019 pops up in the already tough month of January. The holidays are done, the decorations ... Read More

Facing a Pay Cut or Reduced Income? Here’s What to Do Right Now

Facing a Pay Cut or Reduced Income? Here’s What to Do Right Now

Facing a Pay Cut or Reduced Income? Here’s What to Do Right Now Facing a pay cut is scary, but when you know it’s going to happen, how you get ready for it is key. ... Read More

Kick Start Your Debt Repayment with a Cash Only Diet

Kick Start Your Debt Repayment with a Cash Only Diet

How to Use a Cash Only Diet to Kick Start Your Debt Repayments It’s easy to tap and swipe away on your debit and credit cards for groceries, gas, online shopping and ... Read More

How to Get Rid of Payday Loans with 5 Step Plan to Escape the Cycle

How to Get Rid of Payday Loans with 5 Step Plan to Escape the Cycle

How to Get Rid of Payday Loans with a 5 Step Plan to Escape the Cycle If you're tired of always borrowing from payday loan companies, have multiple payday loans, and are ... Read More

Is the Rising Cost of Living Stressing You Out? Tips & Solutions

Is the Rising Cost of Living Stressing You Out? Tips & Solutions

Is the Rising Cost of Living Stressing You Out? Tips and Solutions By Julie Jaggernath It's hard not to notice the rising cost of living. Most obvious these days is the ... Read More

Which Debts Don’t Need to Be Paid Down First?

Which Debts Don’t Need to Be Paid Down First?

Which Debts Don't Need to Be Paid Down First? By Julie Jaggernath When you are trying to figure out how to get out of debt quickly, you might have some debts that don’t ... Read More

What is Credit Counselling? Options to Get Help with Debt, Credit Repair & Rebuilding – More Than the Banks Can Offer

What is Credit Counselling? Options to Get Help with Debt, Credit Repair & Rebuilding – More Than the Banks Can Offer

What is Credit Counselling? Options to Get Help with Debt, Credit Repair & Rebuilding – More Than the Banks Can Offer By Julie Jaggernath Does credit counselling seem Read More

Credit Reporting & Credit Ratings – 3 of the Worst Myths Debunked and Explained

Credit Reporting & Credit Ratings – 3 of the Worst Myths Debunked and Explained

Credit Reporting & Credit Ratings – 3 of the Worst Myths Debunked and Explained By Julie Jaggernath Credit reporting and credit ratings are two of the most asked ... Read More

Convince a Landlord to Rent to You Even with Past Credit Problems

Convince a Landlord to Rent to You Even with Past Credit Problems

How to Convince a Landlord to Rent to You By Julie Jaggernath Are you trying to convince a landlord to rent to you? Looking like the ideal renter and great tenant to make Read More

What You Should Know Before Consolidating Your Debt

What You Should Know Before Consolidating Your Debt

What You Should Know Before Consolidating Your Debt Q: I have a question about debt consolidation. With all the bad news lately about people losing their jobs and how ... Read More

What Is the Best Way to Pay Off Debt? Snowball vs Avalanche Explained

What Is the Best Way to Pay Off Debt? Snowball vs Avalanche Explained

What Is the Best Way to Pay Off Debt? Snowball vs Avalanche Explained By Julie Jaggernath The best way to pay off debt can be difficult to figure out. Maybe you are ... Read More

The Early Warning Signs of Financial Problems

The Early Warning Signs of Financial Problems

The Early Warning Signs of Financial Problems Financial problems can seem to creep up on us out of nowhere. It's always surprising how so many people seem to be doing ... Read More

Getting Rid of Debt – What to Know About the Best Way & If You Need Help

Getting Rid of Debt – What to Know About the Best Way & If You Need Help

Getting Rid of Debt – What to Know About the Best Way & If You Need Help By Julie Jaggernath Are you looking for ways of getting rid of debt? Credit cards, car loans, Read More

Paying Off Debt Tips – 3 Things to Avoid

Paying Off Debt Tips – 3 Things to Avoid

Paying Off Debt Tips - 3 Things to Avoid If you're looking for tips on paying off debt, below are 3 often-overlooked spending tips that can save you money and help you ... Read More

How to Read Your Credit Report

How to Read Your Credit Report

How to Read Your Credit Report If you’re looking at a credit report for the first time it can be quite intimidating. Your credit report may be a single document but it ... Read More

Plan for Christmas and Beyond

Plan for Christmas and Beyond

Plan for Christmas and Beyond By Stacy Yanchuk Oleksy Tis the season isn’t it? My husband and I have moved to Ontario from British Columbia and I feel as though the ... Read More

How to Rebuild Credit in Canada

How to Rebuild Credit in Canada

How to Rebuild Credit in Canada Your credit score is your ticket to qualifying for a loan, securing a credit card or locking in a good interest rate on a mortgage. While ... Read More

What You Need to Know Before You Shop on Black Friday

What You Need to Know Before You Shop on Black Friday

What You Need to Know Before You Shop on Black Friday or Cyber Monday By Renu Singh-Joseph and Stacy Yanchuk Oleksy Are you searching online for Black Friday deals? Or ... Read More

Great Insight Into How To Pay Off Debt

Great Insight Into How To Pay Off Debt

Great Insight Into How To Pay Off Debt by Stacy Yanchuk Oleksy I consistently get asked when I’m in the community teaching or talking about financial wellness, how to pay Read More

Seniors & Debt: A Growing Problem That We Can Help Fix | Credit Counselling Society

Seniors & Debt: A Growing Problem That We Can Help Fix | Credit Counselling Society

Seniors & Debt – A Growing Problem That We Can Help Fix by Tim St. Vincent You are a Senior, or about to be? You are getting ready to head down the golden path of ... Read More

7 Ways to Protect Yourself from Rising Interest Rates in Canada

7 Ways to Protect Yourself from Rising Interest Rates in Canada

7 Ways to Protect Yourself from Rising Interest Rates in Canada Today the Bank of Canada raised the interest rate that all banks base their Prime rate on (the Prime rate ... Read More

The Dangers of Different Types of Consolidation Loans

The Dangers of Different Types of Consolidation Loans

The Dangers of Different Types of Consolidation Loans by Mark Kalinowski As long time Credit Counsellors will tell you – the best option to address debt is one that is ... Read More

What to Do If You’re Saying “I Need Help Immediately”

What to Do If You’re Saying “I Need Help Immediately”

What to Do If You’re Saying “I Need Help Immediately” by Stacy Yanchuk Oleksy Sometimes when life presents us with challenges we think to ourselves “it’s okay Self, we ... Read More

How to Make a Personal Expense Tracker Work for You

How to Make a Personal Expense Tracker Work for You

How to Make a Personal Expense Tracker Work for You by Stacy Yanchuk Oleksy Before diving in to showing you how to make a personal expense tracker work for you, let’s ... Read More

How to Get Out of Debt? How You Drive Might Matter

How to Get Out of Debt? How You Drive Might Matter

Are You Wondering How to Get Out of Debt? How You Drive Might Matter by Julie Jaggernath When you’re looking for how to get out of debt, look at how you drive. If you’re ... Read More

How Do You Pay Off A Credit Card?

How Do You Pay Off A Credit Card?

How Do You Pay Off A Credit Card? We are often asked ‘How do you pay off a credit card?’ The majority of Canadians have multiple credit cards, and for a lot of people, it Read More

Is This Missing in Your Plan to Get Out of Debt and Become Debt Free?

Is This Missing in Your Plan to Get Out of Debt and Become Debt Free?

Is This Missing in Your Plan to Get Out of Debt and Become Debt Free? By Julie Jaggernath If you want to become debt free, you’ve probably read all the tips about how to ... Read More

Getting Debt Help & Using a Debt Ratio/Debt-to-Equity Ratio Calculator

Getting Debt Help & Using a Debt Ratio/Debt-to-Equity Ratio Calculator

Before You Get Debt Help, Should You Use a Debt Ratio, Debt-to-Equity Ratio, or Debt Calculator? When you need debt help, a debt calculator that illustrates various ... Read More

4 Key Debt Reduction Strategies | Credit Counselling Society

4 Key Debt Reduction Strategies | Credit Counselling Society

4 Key Debt Reduction Strategies By Renu Singh-Joseph If you’re struggling with debt, it can often cause sleepless nights or feel like you’re carrying an extra person ... Read More

The First Step in Paying Off Debt When You’re Struggling

The First Step in Paying Off Debt When You’re Struggling

The First Step in Paying Off Debt When You're Struggling The First Step for Paying Off Debt – First of all, no one likes being in debt.  No matter what you do, the ... Read More

NoMoreDebt.org vs NoMoreDebts.org – What is the Difference?

NoMoreDebt.org vs NoMoreDebts.org – What is the Difference?

NoMoreDebt.org versus NoMoreDebts.org – What is the Difference? If you’re wondering about the difference between nomoredebt.org and nomoredebts.org (with the “s” at the ... Read More

How to Reduce Debt – Power Tips, Ways, & Methods

How to Reduce Debt – Power Tips, Ways, & Methods

How to Reduce Debt - Power Tips, Ways, & Methods If you are wondering how to reduce your debt as fast as possible, we’ll show you the best ways to reduce debt in ... Read More

How to Deal with Debt Stress and Get Debt Relief

How to Deal with Debt Stress and Get Debt Relief

How to Deal with Debt Stress and Get Debt Relief Debt affects more than just our financial well-being; having money problems can also affect our physical and emotional ... Read More

Dealing with Credit Card Debt, Advice from Last Year’s Self-Pay It Off

Dealing with Credit Card Debt, Advice from Last Year’s Self-Pay It Off

How to Deal with Credit Card Debt – Advice from Last Year’s Self By Julie Jaggernath Have you ever made a conscious effort to pay down credit card debt, only to abandon ... Read More

Stop Living Pay Cheque to Pay Cheque – Break the Cycle with 3 Steps

Stop Living Pay Cheque to Pay Cheque – Break the Cycle with 3 Steps

Stop Living Pay Cheque to Pay Cheque – Break the Cycle with These 3 Steps By Julie Jaggernath When you want to stop living pay cheque to pay cheque, before you create a ... Read More

How to Communicate with Collection Agents & Regain Control of Your Pay Cheque

How to Communicate with Collection Agents & Regain Control of Your Pay Cheque

How to Communicate with Collection Agents & Regain Control of Your Pay Cheque Q: I’m about 4 months behind on my credit card payments and now a collection agency is ... Read More

Better Debt Help Options than Bankruptcy in Canada – Best, DMP

Better Debt Help Options than Bankruptcy in Canada – Best, DMP

Better Debt Help Options than Bankruptcy in Canada - Best, Debt Management Program Are you looking for some better debt help options in Canada other than bankruptcy? If ... Read More

How to Set Financial Goals in the New Year

How to Set Financial Goals in the New Year

How to Set Financial Goals in the New Year By Debra Pangestu Getting our finances in order is a common New Year’s resolution, and one of the best things you can do to ... Read More

6 Personal Finance Tips to Help You Achieve Financial Freedom in the Future

6 Personal Finance Tips to Help You Achieve Financial Freedom in the Future

6 Personal Finance Tips to Help You Achieve Financial Freedom in the Future Financial freedom is something many of us hope to achieve in the future, and although such a ... Read More

Managing Money and Debt Wisely

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5 Reasons Why You Should Avoid a Cash Advance

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Interest Rates for Debt Management Programs

Interest Rates for Debt Management Programs

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Trapped By Your Finances? How to Get Out of Debt in 3 Steps

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How Does Debt Consolidation Work?

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Ways to Save Money for Financial Goals, 5 Steps Everyone Can Do

Ways to Save Money for Financial Goals, 5 Steps Everyone Can Do

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Need Debt Help? Consider Non-Profit Credit Counselling

Need Debt Help? Consider Non-Profit Credit Counselling

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Consolidate Credit, Debt Care & Credit Counselling Solutions

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How to Manage Money Better with These 6 Money Management Tips

How to Manage Money Better with These 6 Money Management Tips

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5 Step Plan to Debt Reduction and Better Budgeting

5 Step Plan to Debt Reduction and Better Budgeting

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3 Ways People Destroy Their Credit Score

3 Ways People Destroy Their Credit Score

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How to Budget Your Money: Budgeting Tips to Help You Save

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Are Your Debts Haunting You? Overcome Your Fear of Debt and Become Debt Free

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Top 5 Solutions When You Are Declined for a Debt Consolidation Loan

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Home Equity Loans & Credit Lines-How They Work & What to Know

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3 Ways to Get Out of the Overdraft Protection Debt Cycle Once and For All

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Do You Need Credit Card Loss Insurance? Or is it Another Credit Card Scam?

Do You Need Credit Card Loss Insurance? Or is it Another Credit Card Scam?

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Money Tips – 8 More Money Mistakes That Will Keep You Broke

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This Free Budget Calculator Spreadsheet Teaches You How to Budget and Get Out of Debt

This Free Budget Calculator Spreadsheet Teaches You How to Budget and Get Out of Debt

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Get a Free Financial Assessment from the Credit Counselling Society

Get a Free Financial Assessment from the Credit Counselling Society

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Throwback, Look at Your Financial Picture & How to Pay Off Debt

Throwback, Look at Your Financial Picture & How to Pay Off Debt

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Credit Counselling Society Awarded Great Place to Work for Third Year

Credit Counselling Society Awarded Great Place to Work for Third Year

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How to Plan for Unexpected Expenses, Budget & Money Management

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3 Lessons from a Leprechaun About Money and Savings

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Help with Debt & Dealing with a Collection Agency

Help with Debt & Dealing with a Collection Agency

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How Do Credit Card Limit Increases & Balance Transfers Really Work?

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Paying Down Debt Is a Bigger Deal Than You Might Think!

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Client Shares Debt Relief Picture – Repayment Program Jar of Freedom

Client Shares Debt Relief Picture – Repayment Program Jar of Freedom

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5 Signs That You Need Professional Help with Your Debts & Not DIY

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Am I the Victim of Property Title Fraud with a Secured Mortgage Loan that I Don’t Know About?

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Manage Stress to Avoid Overspending

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Why is Available Balance Higher than Account Balance | Overdraft Protection

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3 Ways to Create a Personal Budget Plan with Irregular Income

3 Ways to Create a Personal Budget Plan with Irregular Income

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Events for Financial Literacy Month November 2013

Events for Financial Literacy Month November 2013

Events for Financial Literacy Month November 2013 November is Financial Literacy Month in Canada and the Credit Counselling Society is excited to host a variety of free ... Read More

Tricks for a Memorable not Expensive Halloween

Tricks for a Memorable not Expensive Halloween

Tricks for a Memorable not Expensive Halloween Q: Is it just me or is Halloween getting out of control? Between costumes for our 3 kids, parties, treats and house ... Read More

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Easy Ways to Help Students Learn About Money | Bringing Financial Literacy Into the Classroom

Easy Ways to Help Students Learn About Money | Bringing Financial Literacy Into the Classroom

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When Paying Off Debt – If It Sounds Too Good to Be True, Get the Facts First

When Paying Off Debt – If It Sounds Too Good to Be True, Get the Facts First

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Moving from Vancouver to Toronto, How to Manage Transition Costs

Moving from Vancouver to Toronto, How to Manage Transition Costs

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New Car Offers and Financing Incentives Could End Up Costing You More

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Inheritance Dilemma – Save & Invest or Pay Off Debt | Plan for Retirement

Inheritance Dilemma – Save & Invest or Pay Off Debt | Plan for Retirement

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Credit Counselling Society Wins Consumer Choice Award in Winnipeg, Manitoba

Credit Counselling Society Wins Consumer Choice Award in Winnipeg, Manitoba

Credit Counselling Society Wins Consumer Choice Award in Winnipeg, Manitoba The Credit Counselling Society is proud to announce that our clients in Manitoba have ... Read More

How to Start Planning for Christmas in July

How to Start Planning for Christmas in July

How to Start Planning for Christmas in July by Julie Jaggernath Christmas is coming! Ok, it’s not worth sounding the alarm quite yet; it’s still 6 months away, but time ... Read More

How to Get Organized with Money and Finances

How to Get Organized with Money and Finances

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Managing Money and a Line of Credit When You’re Self-Employed

Managing Money and a Line of Credit When You’re Self-Employed

Managing Money and a Line of Credit When You're Self-Employed Q: I was at the bank with my wife trying to get pre-approved for a new mortgage, and they turned us down ... Read More

Budget Planning for Kids & Teens Getting Their First Pay Cheques

Budget Planning for Kids & Teens Getting Their First Pay Cheques

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5 Last Minute Mother’s Day Ideas She’ll Love

5 Last Minute Mother’s Day Ideas She’ll Love

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Credit Counselling Society Chosen for Consumer Choice Award in Regina, Saskatchewan

Credit Counselling Society Chosen for Consumer Choice Award in Regina, Saskatchewan

Credit Counselling Society Chosen for Consumer Choice Award in Regina, Saskatchewan The Credit Counselling Society is pleased to announce that our clients in Saskatchewan Read More

Help a Senior Parent Budget & Manage Money

Help a Senior Parent Budget & Manage Money

Help a Senior Parent Budget & Manage Money Q: My Mom is ready to sell the family home and move into an apartment following the passing of my Dad 4 years ago. She’s ... Read More

Save on Cable Bills, Cell Phones & Bank Fees, Spring Clean Your Finances

Save on Cable Bills, Cell Phones & Bank Fees, Spring Clean Your Finances

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Credit Counselling Society Wins Best Places to Work Canada for Second Time

Credit Counselling Society Wins Best Places to Work Canada for Second Time

Credit Counselling Society Recognized for a Second Year as One of Canada’s Best Places to Work It’s official! The Credit Counselling Society has once again been ... Read More

Debt Repayment Program at NoMoreDebts.org, Consolidate Debt Payments

Debt Repayment Program at NoMoreDebts.org, Consolidate Debt Payments

Credit Counselling Society & NoMoreDebts.org Highlights – How We Help Do you ever wonder how much help the Credit Counselling Society (CCS) has really ... Read More

Is Selling a Home to Pay Off Debt a Good Idea?

Is Selling a Home to Pay Off Debt a Good Idea?

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Gail Vaz-Oxlade Reviews Best & Worst Credit Counselling Services | Toronto | Canada

Gail Vaz-Oxlade Reviews Best & Worst Credit Counselling Services | Toronto | Canada

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Objective Non-Profit Options & Debt Consolidation Advice in Canada

Objective Non-Profit Options & Debt Consolidation Advice in Canada

Objective Non-Profit Options & Debt Consolidation Advice in Canada If you've been declined for a debt consolidation loan and are struggling to keep up with your ... Read More

How to Break the RRSP Loan Cycle | Invest in RRSPs Without Borrowing

How to Break the RRSP Loan Cycle | Invest in RRSPs Without Borrowing

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Keep Valentine’s Day Affordable, It’s the Thought That Counts

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Overview of How to Get Out of Debt in Canada

Overview of How to Get Out of Debt in Canada

How to Get Out of Debt - A Concise Overview By Julie Jaggernath When you want to get out of debt, the first step is to organize specific parts of your finances. Start by ... Read More

How to Help Your Teenager Learn to Budget & Save

How to Help Your Teenager Learn to Budget & Save

How to Help Your Teenager Learn to Budget & Save Q: My teenager has been working for several months but seems to spend his money as fast as he can earn it. I'm ... Read More

How to Build New Year’s Goals & Plans

How to Build New Year’s Goals & Plans

How to Build New Year's Goals & Plans Q: Another year has gone by and my wife and I are frustrated that we can’t seem to get ahead financially. I have to admit that ... Read More

How to Save Time and Money on Christmas Gifts

How to Save Time and Money on Christmas Gifts

How to Save Time and Money on Christmas Gifts Q: My husband and I are immigrants and over the years, our extended family has grown a lot. While we really enjoy getting ... Read More

Saving Face – Manage Money & Budget to Avoid Financial Crisis

Saving Face – Manage Money & Budget to Avoid Financial Crisis

Saving Face & Avoiding a Financial Crisis - Money Management & Personal Budgeting Q: On a whim a few months ago, we agreed to go away over New Years with two ... Read More

Credit Counselling Society’s Scott Hannah Awarded Honorary Doctorate

Credit Counselling Society’s Scott Hannah Awarded Honorary Doctorate

Credit Counselling Society’s Scott Hannah Awarded Honorary Doctorate We are pleased to share that Scott Hannah, President & CEO of the Credit Counselling Society, has Read More

Canadian Consumer Debt Increases 53% in 5 Years (News Release, November 5, 2012)

Canadian Consumer Debt Increases 53% in 5 Years (News Release, November 5, 2012)

Canadian Consumer Debt Increases 53% in 5 Years (News Release, November 5, 2012) Despite some recent reports that it looks like Canadians are being a little more careful ... Read More

The Cost of Convenience

The Cost of Convenience

The Cost of Convenience Q: Our life seems to have gotten very busy. Not only are our kids back in school, but now that they’re older, my wife went back to work full time. Read More

Do Debt Settlement Agencies Really Deliver? Global TV’s 16×9 Investigates

Do Debt Settlement Agencies Really Deliver? Global TV’s 16×9 Investigates

Do Debt Settlement Agencies Really Deliver? Global TV's 16x9 Investigates Many debt settlement companies have been advertising that they can reduce the debt you owe - big Read More

Tips to Use a Credit Card Wisely

Tips to Use a Credit Card Wisely

Tips to Use a Credit Card Wisely Q: I had trouble paying my credit cards a few years ago, so I started only using cash. I worked hard to get my finances back on track and Read More

How to Deal with Financial Trouble in Retirement

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Don’t Bite Off More Than You Can Do | Home Renovations

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Don’t Bite Off More Than You Can Do | Home Renovations Q: We bought our first home about 5 years ago. Our money was tight initially, but we’ve been careful and now feel ... Read More

How to Decide if You Can Afford Larger Payments in Your Budget or Not

How to Decide if You Can Afford Larger Payments in Your Budget or Not

How to Decide if You Can Afford Larger Payments in Your Budget or Not Q: A few years ago, both my husband and I were casualties of the world wide economic crisis. We lost Read More

Questions to Ask When You Review a Debt Settlement Company

Questions to Ask When You Review a Debt Settlement Company

Questions to Ask When You Review a Debt Settlement Company Q: I contacted a debt settlement company and they claim they can help me settle my debts for a lot less than I ... Read More

New Mortgage Rules: Are They Really What They Seem?

New Mortgage Rules: Are They Really What They Seem?

New Mortgage Rules: Are They Really What They Seem? by Julie Jaggernath With today’s announcement that certain mortgage rules for government-backed insured mortgages will Read More

Debt Consolidation Overview Canada

Debt Consolidation Overview Canada

Debt Consolidation Review Canada | What is Debt Consolidation? Put simply, debt consolidation can be broken up into two words in order to give the most accurate ... Read More

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Debt Consolidation Canada – Choose the Right Option

How to Choose the Right Debt Consolidation Option Choosing the right alternative out of the many debt consolidation options can be difficult, especially given how ... Read More

Debt Consolidation Canada – Debt Consolidation Loan

Debt Consolidation Canada – Debt Consolidation Loan

What is a Debt Consolidation Loan? You have heard the term, but may still wonder what is a debt consolidation loan exactly? A debt consolidation loan is when you borrow ... Read More

How to Have an Affordable & Budget Conscious Summer

How to Have an Affordable & Budget Conscious Summer

How to Have an Affordable & Budget Conscious Summer Q: Between our vacation, friends visiting from out of town and a family wedding, I already know this summer will ... Read More

Debt Consolidation Canada – Common Debts to Consolidate

Debt Consolidation Canada – Common Debts to Consolidate

Common Debts People Are Looking to Consolidate To get by during a difficult time, or to make ends meet, people rely on many different types of credit. They use their line Read More

Debt Consolidation Using a Credit Card

Debt Consolidation Using a Credit Card

Credit Card Debt Consolidation With a Low Interest Credit Card Is this method of consolidating debts a good idea? If you are considering using a credit card as a debt ... Read More

Using a Line of Credit, Bank Overdraft to Consolidate Debts

Using a Line of Credit, Bank Overdraft to Consolidate Debts

What are the Dangers of Using a Line of Credit or Bank Overdraft to Consolidate Debts? Using your line of credit for debt consolidation or your bank account overdraft are Read More

Use Home Equity to Consolidate Debts, Refinance Your Home, Get a Second Mortgage

Use Home Equity to Consolidate Debts, Refinance Your Home, Get a Second Mortgage

Using Home Equity to Consolidate Debts | Refinance Your Home or Get a Second Mortgage What does it Mean to Use the Equity in Your Home to Pay Off Your Debts? Very simply, Read More

Use a Debt Management Program to Get Out of Debt

Use a Debt Management Program to Get Out of Debt

How does a Debt Management Program Get You Out of Debt? A Debt Management Program consolidates your debts so that you can repay them with one monthly payment. However, ... Read More

Become Debt Free with a Debt Settlement, Consolidate Debt

Become Debt Free with a Debt Settlement, Consolidate Debt

Use a Debt Settlement to Become Debt Free How do Debt Settlements Consolidate Debt? A debt settlement is an arrangement with your creditors to accept a portion of what ... Read More

Consolidate and Settle Debt by Filing a Consumer Proposal

Consolidate and Settle Debt by Filing a Consumer Proposal

Consolidate and Settle Debt by Filing a Consumer Proposal What Exactly is a Consumer Proposal? A Consumer Proposal is a legal process, that can be used to deal with your ... Read More

Helping Employees Who Are Struggling with Financial Difficulties

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Helping Employees Who Are Struggling with Financial Difficulties Q: I have a small business and employ 12 people full time. One of my long-time employees briefly ... Read More

Debt Consolidation – Borrowing Money

Debt Consolidation – Borrowing Money

Borrow Money From Family and Friends - Debt Consolidation What to do if friends and family are willing to help, is it even a good idea? You may be considering borrowing ... Read More

Debt Consolidation Company Review

Debt Consolidation Company Review

Debt Consolidation Company Reviews - Why Should You Trust the Credit Counselling Society? We at the Credit Counselling Society ( nomoredebts.org ), understand the ... Read More

Credit Counselling Society Opens New Office in Ottawa, Ontario | Canada | Review

Credit Counselling Society Opens New Office in Ottawa, Ontario | Canada | Review

Credit Counselling Society Opens New Office in Ottawa, Ontario | Canada | Review The Credit Counselling Society is pleased to announce the successful expansion of our ... Read More

Credit Counselling Society Recognized as One of Canada’s Best Places to Work

Credit Counselling Society Recognized as One of Canada’s Best Places to Work

Credit Counselling Society Recognized as One of Canada’s Best Places to Work The Credit Counselling Society is pleased to announce that it has been recognized by the ... Read More

5 Tricks to Keep Your Cash Safe from Yourself | How to Control Spending

5 Tricks to Keep Your Cash Safe from Yourself | How to Control Spending

5 Tricks to Keep Your Cash Safe from Yourself | How to Control Spending Q. Every time there’s a “special event,” my friends like to have a pub night. We each spend at ... Read More

How to Give When Money’s Tight

How to Give When Money’s Tight

How to Give When Money's Tight Q: We value the work of charities and believe very strongly in giving to good causes. Our income is down this year and we wonder if you ... Read More

How to Avoid Freedom 85 – Tips to Retire Debt Free

How to Avoid Freedom 85 – Tips to Retire Debt Free

How to Avoid Freedom 85 - Tips to Retire Debt Free by Julie Jaggernath High consumer debt levels, possible interest rate increases within about a year, historically low ... Read More

How to Turn New Year’s Resolutions into Results

How to Turn New Year’s Resolutions into Results

How to Turn New Year's Resolutions into Results Q: My friends and I all make resolutions on January 1st but most of us don’t end up sticking to them. I’ve made the ... Read More

How to Keep Your Resolution to Shed Your Debt Weight & Get Out of Debt

How to Keep Your Resolution to Shed Your Debt Weight & Get Out of Debt

How to Keep Your Resolution to Shed Your Debt Weight & Get Out of Debt Q: My resolution to pay off my credit cards in 2011 only lasted until March when my car died ... Read More

Christmas Budgeting: It’s Not Too Late

Christmas Budgeting: It’s Not Too Late

Christmas Budgeting: It's Not Too Late Q: It's hard to believe that Christmas is less than a month away. What can we do to keep our holiday expenses more manageable for ... Read More

How to Get a Better Handle on How You Use Credit

How to Get a Better Handle on How You Use Credit

How to Get a Better Handle on How You Use Credit Q: Our daughter is in high school. She came home with an assignment to learn about credit and it got us thinking about ... Read More

How to Weather the Financial Storms of Life | Preparing for Financial Problems

How to Weather the Financial Storms of Life | Preparing for Financial Problems

How to Weather the Financial Storms of Life | Preparing for Financial Problems Q: A lot has happened this year to cause me to reflect about how unprepared my family and I Read More

Checklist for Snowbirds Heading South

Checklist for Snowbirds Heading South

Checklist for Snowbirds Heading South Many Snowbirds look forward to sunshine and warm temperatures in the winter months – it’s a big drawing card for those who have time Read More

How to Deal with Financial Infidelity

How to Deal with Financial Infidelity

How to Deal with Financial Infidelity Q: I suspected my wife of having secret debt, so I confronted her. She confessed that she’s been carrying debt on her own credit ... Read More

Is Your First Credit Card Getting Out of Control? Here’s How to Get Yourself Back on Track

Is Your First Credit Card Getting Out of Control? Here’s How to Get Yourself Back on Track

Is Your First Credit Card Getting Out of Control? Here’s How to Get Yourself Back on Track Q: I’m a first year university student and during campus orientation I signed ... Read More

How to Get Out of Debt Quickly – for Those Nearing Retirement

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How to Get Out of Debt Quickly – for Those Nearing Retirement Q: My husband and I are hoping to retire in about 10 years. After meeting with our financial advisor, it ... Read More

3 Steps to Get Out of Debt before Interest Rates Rise

3 Steps to Get Out of Debt before Interest Rates Rise

3 Steps to Get Out of Debt before Interest Rates Rise By all accounts it sounds like interest rates will likely remain low for up to another two years. But while we’ve ... Read More

What to Expect from Credit Counselling

What to Expect from Credit Counselling

What to Expect from Credit Counselling Q: I’ve been picking up mail at a friend’s house while they’re away and can’t help but notice how many bills they get. They’ve made Read More

What to Think About Before Buying a Vacation Home

What to Think About Before Buying a Vacation Home

What to Think About Before Buying a Vacation Home Q: Our neighbours came home with a unique holiday souvenir last week; a vacant lot close to where they had rented a ... Read More

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Canadian Debt Settlement Bureau Is Not Real | Review

Canadian Debt Settlement Bureau Is Not Real | Review The Canadian Debt Settlement Bureau Doesn't Really Exist We recently called a new debt settlement company to find out Read More

How to Plan a Vacation on a Budget

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How to Plan a Vacation on a Budget Q: Our two weeks of summer vacation time are fast approaching and we haven’t planned a thing. While we can’t afford to spend a lot of ... Read More

The Cost of Living is Increasing – How to Protect Yourself from Inevitable Higher Costs of Living

The Cost of Living is Increasing – How to Protect Yourself from Inevitable Higher Costs of Living

The Cost of Living is Increasing – How to Protect Yourself from Inevitable Higher Costs of Living Q: We bought our first home a few years ago when interest rates were ... Read More

How to Find a Trust Worthy Debt Help or Debt Settlement Organization

How to Find a Trust Worthy Debt Help or Debt Settlement Organization

What a Reputable Debt Help Organization Looks Like If you are looking for help with your debts, you should choose an organization you can trust. We believe that a company Read More

How to Repay Back Taxes, Pay the Bills & Get Your Finances Back on Track

How to Repay Back Taxes, Pay the Bills & Get Your Finances Back on Track

How to Repay Back Taxes, Pay the Bills & Get Your Finances Back on Track Q: I cashed out some of my RRSPs last year to pay down my credit cards. I thought the bank ... Read More

Should You Invest of Pay Off Debt? Try a Balanced Approach

Should You Invest of Pay Off Debt? Try a Balanced Approach

Should You Invest or Pay Off Debt? Try a Balanced Approach Q: I want to pay off my credit card bill this year but to do this I won't have any money left over to start ... Read More

How to Decide if Bankruptcy is Your Best Option to Debt Problems

How to Decide if Bankruptcy is Your Best Option to Debt Problems

How to Decide if Bankruptcy is Your Best Option to Debt Problems Q: I have an employee who has been very stressed at work lately. I spoke with her in private about this ... Read More

What a Teen Needs to Know Before Buying Their First Car

What a Teen Needs to Know Before Buying Their First Car

What a Teen Needs to Know Before Buying Their First Car Q: My son is 17 and has recently gotten his driver’s license. He works part-time while going to school and wants ... Read More

What is the Best Thing to do with Your Tax Refund

What is the Best Thing to do with Your Tax Refund

What is the Best Thing to do with Your Tax Refund Q: We’ve filed our income tax returns and for once the government owes us money. We’re getting back about $3,000 and I ... Read More

Medical Debt – Turned Down for Debt Consolidation Loan | Can Your House Lend a Hand? Here’s What You Need to Consider

Medical Debt – Turned Down for Debt Consolidation Loan | Can Your House Lend a Hand? Here’s What You Need to Consider

Medical Debt - Turned Down for Debt Consolidation Loan | Can Your House Lend a Hand? Here's What You Need to Consider Q. I’m a stay at home mom and my husband’s been on ... Read More

Save Money with a Family Budget – Staycation Ideas for Spring Break

Save Money with a Family Budget – Staycation Ideas for Spring Break

Save Money with a Family Budget - Staycation Ideas for Spring Break Q. Spring Break is looming once again. We try and get away somewhere warm most years but this year, we Read More

Debt Settlement Companies – Attractive ads sound great. Why not go for it?

Debt Settlement Companies – Attractive ads sound great. Why not go for it?

Debt Settlement Companies - Attractive ads sound great. Why not go for it? Q: I keep hearing and seeing ads from companies that claim to be able to settle your debts for ... Read More

Why Save Money When Interest Rates Are Low?

Why Save Money When Interest Rates Are Low?

Line of Credit Rates - Why Save When Borrowing is Cheap? Q: A friend of mine was giving me a hard time the other day. I wanted to delay my travel plans until I had saved ... Read More

Valentine’s & Holiday Debt Can Kill Those Lovin’ Feelings: How to Make Valentine’s Day Special Yet Affordable

Valentine’s & Holiday Debt Can Kill Those Lovin’ Feelings: How to Make Valentine’s Day Special Yet Affordable

Valentine's & Holiday Debt Can Kill Those Lovin' Feelings: How to Make Valentine's Day Special Yet Affordable Q: My wife drops little hints about February 14 as soon ... Read More

Saving Money – What Would Your Community do with an Extra Million Dollars?

Saving Money – What Would Your Community do with an Extra Million Dollars?

Saving Money - What Would Your Community do with an Extra Million Dollars? A major TV network is looking at producing a reality TV show that aims to help people get out ... Read More

Financial Management & Planning for the Future | What Does a Groundhog Know About Money?

Financial Management & Planning for the Future | What Does a Groundhog Know About Money?

Financial Management & Planning for the Future | What Does a Groundhog Know About Money? By Julie Jaggernath Wouldn’t it be great to roll out of bed in the morning ... Read More

Car Debt – High Interest Rates | What to Watch Out for with New Car Ads

Car Debt – High Interest Rates | What to Watch Out for with New Car Ads

Car Debt - High Interest Rates | What to Watch Out for with New Car Ads Q: I'm thinking about replacing my car. Looking at the new car ads and financing options ... Read More

What do the New Mortgage Rules Mean—in plain English?

What do the New Mortgage Rules Mean—in plain English?

What do the New Mortgage Rules Mean—in plain English? At the beginning of this week, the federal finance minister announced some changes to Canadian mortgage rules, but ... Read More

Are You Tired of Being the Family Bank & Lending Money to Relatives?

Are You Tired of Being the Family Bank & Lending Money to Relatives?

Are You Tired of Being the Family Bank & Lending Money to Relatives? Q: I'm one of three kids in our family and I seem to be the one who repeatedly lends money to my ... Read More

How to Tackle Credit Card Debt & Save Thousands of Dollars

How to Tackle Credit Card Debt & Save Thousands of Dollars

How to Tackle Credit Card Debt & Save Thousands of Dollars Q: Each year, I resolve to tackle my credit card debt and I never seem to get anywhere. What can I do to ... Read More

How to Manage Your Money the S.M.A.R.T. Way

How to Manage Your Money the S.M.A.R.T. Way

How to Manage Your Money the S.M.A.R.T. Way Q: I never have any money left over after paying my bills to even think about financial goals. I'm frustrated because I know I Read More

Should you buy your next big screen TV in Canada?

Should you buy your next big screen TV in Canada?

Should you buy your next big screen TV in Canada? Q: My best friend and I have a bet going this year on who can get the best deal for a 50-inch, flat-screen TV. I bet him Read More

7 Steps to a Great Credit Score

7 Steps to a Great Credit Score

7 Steps to a Great Credit Score Have you ever wondered if only rich people have awesome credit scores? Wonder no longer. The truth is you don’t have to be rich to have an Read More

Debt Settlement Companies: The Good, The Bad and The Ugly

Debt Settlement Companies: The Good, The Bad and The Ugly

Debt Settlement Companies: The Good, The Bad and The Ugly Q: I heard an ad for a company. They said that they can settle my debt for much less than what I owe and I can ... Read More

What Debt Settlement Companies Don’t Tell You

What Debt Settlement Companies Don’t Tell You

What Debt Settlement Companies Don’t Tell You Last week we heard an American debt settlement company advertise on a Canadian radio station. In their radio ads, this ... Read More

This made our day: people tell us how we’ve helped them with our non profit debt relief

This made our day: people tell us how we’ve helped them with our non profit debt relief

This made our day: people tell us how we've helped them with our non profit debt relief Like so many of you, all of us at the Credit Counselling Society work hard every ... Read More

Don’t let your worst financial fears become your reality

Don’t let your worst financial fears become your reality

Don't let your worst financial fears become your reality Q: I am a mature woman and I've just got divorced for the second time. My children are on their own. Money was an Read More

Could You Survive Missing a Paycheque? A new survey says 60% of Canadians couldn’t

Could You Survive Missing a Paycheque? A new survey says 60% of Canadians couldn’t

Could You Survive Missing a Paycheque? A new survey says 60% of Canadians couldn't Last week the Canadian Payroll Association released a survey which showed that 6 out of Read More

The Importance of a Good Credit Rating

The Importance of a Good Credit Rating

The Importance of a Good Credit Rating Q: I'm having a hard time getting my son to understand the importance of a good credit rating. He lives at home, works full time ... Read More

Avoid Technology’s Traps: How to put the need for the latest gadgets into perspective

Avoid Technology’s Traps: How to put the need for the latest gadgets into perspective

Avoid Technology's Traps: How to put the need for the latest gadgets into perspective Q: It's really expensive keeping up with technology these days. My kids say that my ... Read More

How to Maximize Your Back-to-School Budget

How to Maximize Your Back-to-School Budget

How to Maximize Your Back-to-School Budget Kids will soon be headed back to school, and for many families this represents one of the year’s largest one time expenses for ... Read More

3 Common Credit Problems & How to Fix Them

3 Common Credit Problems & How to Fix Them

3 Common Credit Problems & How to Fix Them People often ask how they can fix their credit. Depending on your situation and how much damage you’ve done, the answers ... Read More

When is the Best Time to Buy a House?

When is the Best Time to Buy a House?

When is the Best Time to Buy a House? Q: Mortgage rates are still low and house prices keep going up. Is now the time to buy? And is it better to buy as big as you can? ... Read More

Gambling: How to tell if you’ve gone too far

Gambling: How to tell if you’ve gone too far

When Does Gambling Stop Being “Just for Fun” and Become Problem Gambling? Many people consider gambling as a form of casual entertainment while others are consumed by ... Read More

30 Staycation Ideas

30 Staycation Ideas

30 Staycation Ideas Two recent surveys have shown that almost 50% of us don’t think that we can afford a vacation this year. For those who do plan to travel, 75% don't ... Read More

Credit Counselling Society Wins National Credit Counselling Canada Award

Credit Counselling Society Wins National Credit Counselling Canada Award

Credit Counselling Society Wins National Credit Counselling Canada Award The Credit Counselling Society was presented with the Credit Counselling Canada Agency Award at ... Read More

How to Afford a Summer Vacation this Year

How to Afford a Summer Vacation this Year

How to Afford a Summer Vacation this Year According to a recent survey, more than half of Canadians say they can’t afford to take a vacation this summer. The poll ... Read More

Average Canadian Bride Spends $20,000 on Her Wedding: 5 Ways to Make Your Wedding More Affordable

Average Canadian Bride Spends $20,000 on Her Wedding: 5 Ways to Make Your Wedding More Affordable

Average Canadian Bride Spends $20,000 on Her Wedding: 5 Ways to Make Your Wedding More Affordable Is there an expectation in your family that the next person to get ... Read More

Are Reward Credit Cards Worth It?

Are Reward Credit Cards Worth It?

Are Reward Credit Cards Worth It? When credit cards first came out with points that rewarded you for using your credit card, many people saw this as the ultimate way to ... Read More

Do Summer Vacations Leave You Broke? Here’s an Idea.

Do Summer Vacations Leave You Broke? Here’s an Idea.

Do Summer Vacations Leave You Broke? Here's an Idea Q: My family usually takes a summer vacation, away from home. And while we have a lot of fun, we usually come home ... Read More

Should You Rent or Buy a Home?

Should You Rent or Buy a Home?

Should You Rent or Buy a Home? Is it better to rent or buy a home? Many people ask this question, but often only hear one answer. People in North America generally think ... Read More

Are Canadians Reckless Spenders? A new study says we are

Are Canadians Reckless Spenders? A new study says we are

Are Canadians Reckless Spenders? A new study says we are A new study from the Certified General Accountants Association of Canada shows that Canadians “are among the most Read More

Entitled to Live Beyond Your Means

Entitled to Live Beyond Your Means

Entitled to Live Beyond Your Means When we help people with their debts we always ask them what they think caused their debt problem. People provide us with many ... Read More

How is Your Credit Score Calculated?

How is Your Credit Score Calculated?

How is Your Credit Score Calculated? Have you ever wondered how your credit score is calculated? Have you asked, but are always given vague answers? Wonder no more. We ... Read More

How do Parking Tickets Affect your Credit?

How do Parking Tickets Affect your Credit?

How do Parking Tickets Affect your Credit? Old, unpaid parking tickets can haunt you You may have forgotten about your old parking tickets, but have they forgotten about ... Read More

3 Ways to Protect Yourself from Events like the Iceland Volcano

3 Ways to Protect Yourself from Events like the Iceland Volcano

3 Ways to Protect Yourself from Events like the Iceland Volcano For the last 5 days, a cloud of volcanic ash from a volcano in Iceland has covered much of Europe. Because Read More

Does your credit score fall every time someone checks it?

Does your credit score fall every time someone checks it?

Does your credit score fall every time someone checks it? Has anyone ever told you that every time someone checks your credit, it lowers your credit score? While there is Read More

Rising Interest Rates could Double your Mortgage Payments

Rising Interest Rates could Double your Mortgage Payments

Rising Interest Rates could Double your Mortgage Payments For almost 30 years, interest rates have been declining in Canada. This has enabled more people than ever to buy Read More

What to do if you dread filing taxes

What to do if you dread filing taxes

What to do if you dread filing taxes Q: I always dread filing my taxes. I usually owe a few hundred dollars and struggle to find the money to pay the bill. What can you ... Read More

The 7 Smartest Things You Can Do for Your Finances

The 7 Smartest Things You Can Do for Your Finances

The 7 Smartest Things You Can Do for Your Finances Have you ever wondered what the best things are that you can do for your financial future? Here is our list of the ... Read More

Rising Mortgage Rates will be Difficult for Many Canadians

Rising Mortgage Rates will be Difficult for Many Canadians

Rising Mortgage Rates will be Difficult for Many Canadians With Financial Institutions announcing increases in mortgage rates this week, more Canadians will find it ... Read More

One of the Biggest Retirement Mistakes

One of the Biggest Retirement Mistakes

One of the Biggest Retirement Mistakes Most Canadians Don’t Know What Their Retirement Income Will Be According to one survey, 83 percent of Canadians don’t know how much Read More

How to Stick to Your Budget, Even on Bad Hair Days

How to Stick to Your Budget, Even on Bad Hair Days

Don't turn your bad hair day into a budget holiday! by Julie Jaggernath What Does Having a Bad Hair Day Really Mean? We’ve all heard the expression of someone ... Read More

How to Get an Awesome Credit Score

How to Get an Awesome Credit Score

How to Get an Awesome Credit Score Have you ever wondered if only rich people have awesome credit scores? Wonder no longer. The truth is you don’t have to be rich to have Read More

3 Ways People Destroy Their Credit (Part 3 of 3)

3 Ways People Destroy Their Credit (Part 3 of 3)

3 Ways People Destroy Their Credit (Part 3 of 3) 3. Not paying your debts or declaring bankruptcy The worst thing you can possibly do for your credit rating is to not pay Read More

3 Ways People Destroy Their Credit Score (Part 2 of 3)

3 Ways People Destroy Their Credit Score (Part 2 of 3)

3 Ways People Destroy Their Credit (Part 2 of 3) 2. Maxed out credit cards If you run your credit to the limit, it will ruin your credit rating. It is always surprising ... Read More

Lesson in Debt Management a Great Grad Gift

Lesson in Debt Management a Great Grad Gift

Lesson in Debt Management a Great Grad Gift Q: Our daughter is graduating from high school in June. How can we help her to understand that there is a limit on what we are Read More

How to Save 50% on Everything You Purchase

How to Save 50% on Everything You Purchase

How to You Can Save 50% on Everything You Purchase If you are buying stuff, putting it on credit, and then not paying it off right away, you can probably save 50% on ... Read More

You Don’t Have to be in Debt to Build Credit

You Don’t Have to be in Debt to Build Credit

You Don't Have to be in Debt to Build Credit Some people think that they always need to owe something on a credit card to build their credit. The truth is that you don’t ... Read More

Is Your Credit Score Worse Than You Think?

Is Your Credit Score Worse Than You Think?

Is Your Credit Score Worse Than You Think? Myth: "I've got excellent credit because I pay all my debts on time." Many factors can drastically lower your credit score even Read More

Hurting Your Credit Score

Hurting Your Credit Score

Hurting Your Credit Score Myth: "I hear that every time someone checks your credit it lowers your credit score." Myth Buster: While there is some truth to this statement, Read More

The Easiest Way to Prevent Financial Problems: Get Organized

The Easiest Way to Prevent Financial Problems: Get Organized

The Easiest Way to Prevent Financial Problems: Get Organized People have financial problems for all sorts of reasons: overspending, not planning, losing a job, family ... Read More

Bringing Home The Gold

Bringing Home The Gold

Bringing Home The Gold Q: Why does it feel like managing my money is so much work? It's hard to stay focused. What can I do? A: It takes work to manage your money, but ... Read More

Myth: “Credit card companies wouldn’t send me applications in the mail if I couldn’t afford another credit card.”

Myth: “Credit card companies wouldn’t send me applications in the mail if I couldn’t afford another credit card.”

Myth: “Credit card companies wouldn't send me applications in the mail if I couldn't afford another credit card.” Just because a credit card company knows your name and ... Read More