Debt counselling is recommended anytime someone is struggling with their debt, find it unmanageable, and cannot seem to get it taken care of. If you are looking for debt counselling, we can help you become debt free and provide you with a free consultation to discuss your situation. In this article, we are going to […]
Bankruptcy: Frequently Asked Questions (FAQs)
Bankruptcy can be complicating, we know. We have written several topics on bankruptcy. An ultimate guide to bankruptcy, an article on how student loans work with bankruptcy, and an article on filing bankruptcy in nova scotia, just to name a few. We recommend reading those first as they will cover off many of the main […]
How to Stop Wage Garnishment in Nova Scotia
When a creditor looks to garnish wages from you, it is a scary process. Not only do you get threatening letters and calls weeks, if not months before it occurs, but the court system is also involved, which can be quite intimidating. While a wage garnishment may seem impossible to stop, there are several remedies […]
Is a TSFA or an RRSP Better for Savings?
If you’ve made a New Year’s resolution to start saving at the beginning of the year, you may wonder what the best way is to save. The Canadian government has created two products for savings. A Tax-Free Savings Account (TSFA) is a registered product introduced in 2009. They presented it as an alternative to the […]
Savings and Investment Options
You’ve been told for years that you need to save money and perhaps it’s one of your New Year’s resolutions, but do you know what your savings and investment options are and have you made a decision? Three Factors to Consider for Savings and Investment Options When deciding where to save money, there are at […]
How to Avoid Common Debt Traps
Trying to live within your means and avoid crushing debt can be difficult. If you’ve been trying to stick to your financial New Year’s resolutions, there are many pitfalls and traps. Follow these tips to avoid common debt traps and maintain financial health. The Fear of Missing Out (FOMO) Media and marketing are constantly trying […]
Student Loan Debt and Consumer Proposals
If you’re a student, the rising costs of attending post-secondary education can put a lot of pressure on you, both in school and once you finish your studies. You may find that economic circumstances, including the job market, have radically changed from the time you began your studies. Factor in that the maximum amortization period […]
The Good Bad and Ugly of Debt
Debt often gets bad press, but that’s not the entire story. Let’s look at the good, bad and ugly of debt. What is the source of debt, its uses, and its obligations? Interest Rates and Terms The rate on your debt is important, and it’s the first criteria for determining the good, bad and ugly […]
Using Simple Tax Planning to Your Advantage
There is an old axiom, “The best time to plant a tree was 20 years ago. The next best time is today.” Don’t let tax planning failures in years past hinder your ability to make plans for this year. So, how can you start using simple tax planning to your advantage, avoiding tax debt? Using […]