When to Use a Payday Loan? Never!
No question ends with the response, “You should get a pay day loan”, none! Don’t use the new easy on-line loans either. Do not use these services.
Canajun Finances
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Debt
The 12 Days of Christmas Debt
There is actually 12 days of Christmas Debt, that you should be avoiding this year (and every year). Budget and don’t splurge, start the new year happy.
Make More by Reducing Debt
You don’t need to beg your boss for a raise to improve your financial situation. This article explains how reducing debt is one of the most effective and overlooked ways to save money and increase your net income. With a simple breakdown of income versus expenses, it shows how spending less on interest and debt payments frees up cash faster than chasing new income. If you’re looking for a financial win that doesn’t involve working more hours or winning the lottery, this one’s for you.
Never was So Much Owed by So Many
“Never was so much owed by so many to so few“, –Winston Churchill I paraphrase Churchill as a precursor to the latest data from Stats Canada about the National Balance Sheet. Remembrance Day is not… Read More »Never was So Much Owed by So Many
Debt is a Four-Letter Word
The author highlights the negative connotation of the term ‘debt’, emphasizing that it is a difficult burden that one owes to their future self. Noted financial expert, Preet Banerjee echoed this sentiment in a presentation. Numerous people are likely unaware of the substantial impact that a quadrupling prime rate might have on them, especially with the current low interest rates. The author also encourages readers to anticipate potential increases in mortgage interest rates and consider the levels of consumer debt.
