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 […]
Life After Debt Series: “How My Debt Affected My Mental Health”
How do you think you got into financial trouble? Buying a house and video equipment and only paying the minimum amount, hoping work would improve. Instead, my company went belly up, I got separated and survived suicidal tendencies. I got out of debt and am now feeling better. How did that make you feel? Useless […]
Life After Debt Series: “How We Found More Peace in Our Home”
How do you think you got into financial trouble? Using credit instead of income. I lost my job, and with that our house as well. How did that make you feel? The loss of job and housing? Very frustrated and somewhat defeated. How long did it take you to get back on your feet financially? […]
Is your debt stress causing health problems?
Debt is one of the most stressful aspects of modern life. In many cases it is not something you chose, or simply the result of a bad decision. It may have been unavoidable. No matter what the cause or the outside circumstances that lead to it, debt is very stressful. There comes a point where […]
6 Ways Debt Counselling Can Help Relieve Your Stress
Debt counselling has many advantages since it contributes effectively to debt relief. Apart from the fact that it can provide access to expert advice and viable debt management solutions, debt counselling can also help to relieve your stress. Here are 6 ways you can reduce stress through debt counselling:
How Being Positive Can Benefit You Financially
Much is written about all of the different methods and strategies involved in creating a healthy financial life, but there’s more to it than just facts and figures. As simple as it sounds, a positive attitude can also have a major impact on your financial life. Here are some of the ways being positive can […]
