Every year, more of us struggle to meet our financial commitments. Many of us carry high debt and don’t even have access to basic emergency savings. In fact, Canadian households are devoting less of their disposable income to savings than ever before. Our debt-to-disposable income ratio is at an all-time high. Whatever form debt takes […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
Credit Counselling Services of Atlantic Canada is pleased to celebrate 20 years of helping people achieve financial freedom! Read the article below to learn more about our history and dedication to supporting, educating and empowering consumers in Atlantic Canada to take control of their finances.