5 Ways to Eliminate Your Debt

Good Debt vs. Bad Debt – What’s the Difference? More and more Canadian consumers are getting swallowed up by debt. I’m sure you’ve read and heard many of the statistics and stories in the news about how Canadians are borrowing at a record pace. One of the keys to financial independence is to get rid of your bad debt and acquire good debt. Bad debt is debt that makes you poor, such as credit card debt, car loans, line of credit and even your mortgage – this is consumer debt. Good debt is debt you acquire that actually works for you. The best example of…