Collection calls are annoying, especially if your financial situation hasn’t changed since the last call. Although the rules vary between provinces, legally, collection agencies have the right to contact you regarding a legitimate debt. They are prohibited from using threatening language, becoming abusive, contacting your employer except for employment verification, or calling during specified hours. […]
BLOG > CATEGORY > EDUCATION
How Do Payday Loans Work?
Sometimes emergencies come up; your car breaks down, the roof or other part of your house needs to be repaired, or there is a medical emergency. The funds to take care of such problems may not always be at hand. In such situations, many people opt to take out payday loans. How payday loans work […]
Talk About Money – It Just Makes Cent$: Talking Intimately
BY: JENNIFER CLEATOR Money or rather the perception of money is symbolic. It represents how we perceive our place in our world, our sense of self-worth, and feeling of accomplishment (or not). It is a ruler against which we measure our success or failure against those around us. We size people up based on their […]
How To Talk To Your Kids About Money
BY: TERESA CHIASSON Why parents should talk to their kids about money: Kids hear about money in many different ways: TV, school, friends, parents and social media. Kids need to know how to deal with our changing economy, recession, job loss, and financial security. They also need to know how to budget and stretch a […]
Before You Marry – Talk About Money – It Just Makes Sense!
BY: TAMARA KELLY When talking to marriage counsellors about the effects of finances in a marriage, what they have said is if finances are not the identified number one reason why people break up, it is in the top three. Finances are such an integral part of a relationship, it effects your future plans and […]
Talk About Money – It Just Makes Cent$
BY: SCOTT PURDIE Financial Literacy Month in Canada is celebrated every November. The purpose is to bring about awareness to consumers about the basics of personal finance covering topics such as budgeting, money management, building credit, how consumer credit works, banking, mortgages and loans, establishing personal savings, etc. Society has become more complex and for […]
Why We Promote Financial Literacy Month
By Tamara Kelly, Director of Education Realizing the importance of having the knowledge, skills and confidence to handle your finances is not novel to us at Credit Counselling. We see the effects of financial decisions every day and work with consumers to support them through the situation they find themselves in. Let’s start with knowledge. […]
Money Management Tips for Retirement
Retirement is a time when you can quietly enjoy the fruits of three or four decades of hard work – provided you have saved up enough money to last. It is also a time when you have to be more careful with your money as a regular paycheck has stopped coming in. If you are […]
How to Talk to Your Children About Debt
Many parents going through a hard time financially never mention debt in the presence of their children. But today’s kids are smarter than you think, and they can usually sense what’s going on at home. What they can’t understand is why. As a responsible parent, it’s up to you to explain to them your financial […]
Keeping Your Student Debt to a Minimum
Student loans are great when you are in college or university – they can take a financial load off your back and let you concentrate on your studies. But they can become a burden afterwards. Some people incur such huge debts that they are known to carry the debts well into their 40s and 50s. […]
