Financial Education
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Filing Taxes in Canada: Should You DIY or Hire a Pro?

Need to file your taxes soon? Here’s how to decide if you should do it yourself or hire a professional tax preparer, including key filing preparation tips.

Affordable staycation ideas

16 Affordable & Fun Staycation Ideas for You and Your Wallet

Thinking about your next vacation at home or wondering if it’s a good option? Here are affordable staycation ideas that are fun and friendly for your wallet.

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Keep Your Money Safe with These Personal Security Tips

It’s important to know how to guard your hard-earned money from scams and fraud as criminals get better at stealing. Here are 5 ways to help protect yourself.

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 money from family and friends to consolidate debt. No one likes to see a friend or family member...

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 importance of earning great credit counselling company reviews. 98% of our clients would recommend our...

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 have any suggestions on how we can keep giving even though we have less income?   A: Canadians...

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 our family this year? A: Even if you haven't been able to save money for the holidays, it's not too...

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 to leave Canadian winters behind. However, as with any travel plans, you’re wise to consider the...

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 cards and has only been making minimum payments. The balances are now high enough that she can’t keep...

How Credit Counselling Can Help You Get Out of Debt

How Credit Counselling Can Help You Get Out of Debt

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 a few comments in the past that made me wonder about their financial situation, and now with the...

How to Plan a Vacation on a Budget

How to Plan a Vacation on a Budget

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 money this year, we’d like to still do something special without blowing our budget. What can you...

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 have to do more than just think about my future. Can you help? A: It's not how much you make, but...

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 awesome credit score. You just have to learn to live within your means. The ironic thing is that...

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 company said it could help people who are struggling with debt, but they never mentioned the name of...

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 vary. Here are answers to the 3 most common concerns: Problem 1: I have a late payment If you only...

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 every thought of it, so when does gambling stop being “just for fun” and become problem gambling?...

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 that it is much better to buy a home rather than rent one—and they have good reason for thinking...

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 different reasons, but the most common reasons include things like excessive use of credit, living on...

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 will tell you exactly how credit scores are determined for most people and then allow you to get a...

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 suggest? A: Tempting as it may be, procrastinating will only make it worse. Filing late might mean...

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 income to expect when they stop working.* More and more Canadians seem to be waking up to what...

Should You Keep Financial Secrets?

Should You Keep Financial Secrets?

Should You Keep Financial Secrets? Q: I'm planning to propose to my girlfriend soon. I know she will say 'yes' but I'm worried about telling her that I've had some financial troubles in the past. How much should I say? A: Marriage can be a wonderful experience but it...

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 an awesome credit score. You just have to learn to live within your means. The ironic thing is...

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 able to spend on her graduation? A: High-school graduation can be an exciting and emotional time...

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 everything you buy. Many people believe that they can buy what ever they want now and pay for it...

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 have to owe anyone even a single penny to build your credit. The only thing that you need to do to...

How People Get Caught by Joint Debts

How People Get Caught by Joint Debts

How People Get Caught by Joint Debts Here is a common scenario: a couple splits up, gets a separation agreement and then one of them tries to apply for a loan. The lender says, "Sorry you don’t qualify because your credit bureau shows you have this other debt with...

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, there are some exceptions. Most notably is that you can check your own credit report whenever you...

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 sometimes all the motivation you need is a fresh perspective. Take the upcoming 2010 Winter Olympic...

Not sure which option is right for you?

Get answers from an expert.

With so many debt consolidation options out there, it can feel overwhelming to try and find the right one by yourself. One of our professional credit counsellors would be happy to guide you through this process by carefully reviewing your whole financial situation with you and answering any questions you have. Speaking with our certified counsellors is always free, confidential and without obligation.