The average Canadian now owes more money when contrasted with income than in any time in the Nation’s history. Studies have shown that many households would experience catastrophe if they had a sudden job loss or work preventing injury. The basis of this is that the vast majority of Canadian households have absolutely zero…
In today’s age of spend and spend some more the days of planning for a comfortable future are pretty much over for most average Canadians. It is pretty hard to save for a rainy day or heaven forbid retirement when you are more concerned with simply putting food on the table and making sure the…
In an economy that is still, quite obviously, recovering from the downturn in 2008 the unemployment rate across the country has proven to be a roller coaster of a ride. Despite adding a reported 26,200 jobs in August the unemployment rate is still climbing to levels that have been seldom seen. The boon in August…
There are many instances where you may be approached by a member of the family or even a close friend to co-sign a loan for a car or personal loan and in some cases even for a mortgage. If you are financially secure and those around you are not then you may well find yourself…
When it comes to buying a house or even re-financing it you have some big decisions to make. First you have to decide on who the lender is going to be. Most likely you will want to approach one of the lending institutions for this such as your bank, or companies that are mortgage lenders.…
Surprisingly a lot of people don’t pay much attention to their credit score until they are ready to make a major purchase like a home. Then they are faced with the realization that this is going to be a big factor in whether they will qualify for a mortgage, or if they do what interest…
The troubles at Deutsch began long before the recent Department of Justice leak that indicated that they may be on the hook to the tune of about $14 billion for their role in the sub-prime mortgage scandal that rocked the world in 2008. Since that time the bank has been hit and hit hard by…
Everyone has heard the horror stories of celebrities or even regular folks who choose a financial advisor and then end up losing their life savings when that person ends up being a complete fraud or simply incompetent in money management. Using your brother in laws cousins’ uncle simply because of the family ties is another…
Well, the people have spoken, and for once the Liberal Government that has been running Ontario for what seems like the last hundred years has finally listened, at least to an extent. After many years of complaints from the people of Ontario who have suffered from extremely high electricity prices coupled with a stagnating economy,…
Most if not all of us have at one time or another been stuck behind that woman (or man in many cases) who has the flyers from every single store in the area and is intent on getting the sale prices from those stores by price matching the item they have chosen. The ability to…
