Many Canadians are having a tough time dealing with the rising cost of living, making it a significant problem leading well into the summer of 2024. Financial Post revealed that 55% of people surveyed by Maru Public Opinion for its household outlook survey expressed concerns regarding their personal and daily financial matters. Some Canadians rely […]

Online lending has revolutionized the borrowing experience for millions of individuals worldwide, including Canada. Many Canadians are embracing online lending and becoming more familiar with the process.  Instead of dealing with lengthy paperwork, tedious bank visits, and uncertain approval processes, you can quickly access cash by borrowing money online. With just a few clicks, borrowers […]

When managing finances, many people find themselves requiring additional funds beyond what they currently have. In such scenarios, personal loans and lines of credit emerge as popular options. Both serve as avenues to borrow money, yet they differ significantly in structure, flexibility, and usage. Understanding the disparities between these financial products is crucial for making […]

Accessing financial services online has become increasingly convenient thanks to technology and the constant upgrades in different platforms. From applying for mortgages to managing investments, the internet offers a range of options to meet your financial needs. One such option is online loans. However, with convenience comes the responsibility of ensuring safety and security, especially […]

Many Canadians struggle to keep up with the rising living costs, making it challenging to manage their household’s finances. According to a CBC News article, the significant rise in the price of shelter, food, and fuel has required Canadians to take up several jobs or return to work after retirement.  As the demands on our […]

Credit card debt weighs on more Canadians every year. Higher living costs, rising interest rates, and shifting financial priorities can make it feel difficult to regain control once balances begin to grow. Many people discover that minimum payments barely make a dent, and the longer the balance stays high, the harder it becomes to break […]

In the world of personal finance, the terms good debt and bad debt are often thrown around, creating a dichotomy that may initially seem confusing. Not all debts are created equal, and understanding the difference between good and bad debt is crucial for making informed financial decisions.  Good debt, often seen as an investment in […]

Many Canadians use credit cards to fund their daily expenses or deal with unexpected bills. Although credit cards can be a helpful financial tool, it often leads to an ongoing cycle of debt. This becomes a prevalent issue when individuals aren’t sure how to get rid of credit card debt and end up impacting their […]

People and households in the Canadian economy have been encountering numerous financial obstacles. Inflation, marked by a widespread rise in prices over time, has the potential to diminish the buying ability of currency, impacting various aspects ranging from day-to-day expenditures to achieving enduring financial objectives. Rising inflation has affected Canadians over the last two years, […]

Having a clear plan is essential for reaching financial success, and strategic planning is the cornerstone, whether you’re pursuing short-term financial goals or long-term financial security. An October 2023 CTV News article referred to federal data, revealing that a quarter of Canadians struggled to make ends meet. The escalating cost of living in Canada is […]