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by Jeremy
Stories about Canadians’ household debt are making headlines this week, and whether or not the hype is true, there are always some lessons to be taken about spending, debt and how we deal with our credit. We were increasingly relying on household borrowing for both purchases of housing and other consumption, as opposed to household income growth,” recalled Mr. Dodge, who left the bank in 2008. “We were very worried that by loosening up the rules about mortgage insurance we were putting additional pressure on Canadians to borrow for housing, and that was leading to house price inflation and increased indebtedness. [Globe and Mail] Your…
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It’s no secret that Calgary’s economy hasn’t been so kind to many, with several major companies announcing huge…
Posted by Jeremy
During times of economic uncertainty, which is arguably what Calgary is dealing with right now (at least in…
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A lot of people are being tight with their money right now, saving in the wake of uncertainty…
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New Year’s is the time that most of us make resolutions, and fitness is not at the top…
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With Christmastime upon us and a new year approaching, your credit card may have been pushed to the…
Posted by Jeremy
People can work hard to prepare for financial turmoil, but sometimes life just happens. When things get tougher…
Posted by Jeremy
Financial difficulty, whether short-term or long-term, can happen to anyone at any time. Your home is one of…
Posted by Jeremy
In a recent Manulife Bank of Canada survey, almost half of Canadians have a misunderstanding about what debt…
