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There’s one major thing we can’t control in life—life itself. Things can happen, and if we’re not financially prepared for the little surprises life can throw at us, we can find ourselves digging out of a hole.
More and more evidence seems to be emerging about the lack of emergency funds that Canadians have. So much so in fact, that a recent story in Global News illustrated how payday loans are increasing at an alarming rate in Canada.
We are also now moving into an expensive time of year, with the holidays just around the corner (hard to believe), and even Halloween has become an expensive event for many.
Here are some money-saving tips to help you prepare for a financial emergency:
Looking for some more debt-tackling and saving tips? I’ve got some easy tips listed here. And as always, if you’re looking to find out what your debt right now means for your credit rating and homebuying plans, contact me anytime. Alternatively, you can always reach me on Twitter as well.