If you need some inspiration, common goals among Canadians include retirement planning, saving for a vacation, paying down debt, and setting aside money for a…
By Julie Jaggernath If you’re thinking about downsizing, crunch your numbers carefully because it might cost you more than it saves in the long run. Since the pandemic, the ability to defer mortgage payments has…
Try to Offer Advice or Support Instead of Criticism While younger generations are often criticized for their lack of financial literacy, getting into debt can happen to any one at any age, and for a variety of reasons. The suggestion that younger generations are “terrible with money” is certainly not…
Get to Work – As Much as You Can Did you know almost half of Canada’s post-secondary students take on student loan debt? And then pay for additional, nice-to-have lifestyle expenses on their credit cards? Tackle your debts by getting a job – this could be a part-time job, working…
Paying off Debt on a Fixed Income: Making Sacrifices and Learning Patience Paying off debt on a fixed income requires discipline. Jill emphasizes that working with the program meant more than simply making payments. It meant changing her mindset. “You really do have to cut up the cards and not…
In New York City, property taxes are back in the headlines. Mayor Zohran Mamdani has floated the idea of raising them—by 9.5%—as part of this year’s budget. Mamdani says it’s a last resort, claiming that if Albany won’t raise taxes on millionaires, the city may have to raise them on…
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