Blog
Sunday
6
JANUARY
2013
Good Debt versus Bad Debt
You are no doubt asking yourself, is there such a thing as “good debt”? The answer is emphatically YES and it is important to know the difference between the two. In actuality, when used intelligently, debt can be of tremendous assistance. So – if you are not sure, how can you tell which kind of debt you have?
Sunday
6
JANUARY
2013
When do you expect to be Debt-Free?
Being debt-free is a long term goal for many Canadians. Many of us though, don’t have a plan to ensure that we remain focused on debt repayment in order to meet our goal of being debt-free by a specific age. A recent CIBC poll conducted by Harris-Decima found that, on average, “Canadians tend to believe they will be debt-free within approximately...
Friday
14
DECEMBER
2012
Small Steps to Help Pay Down Debt
My credit card bill arrived the other day and being just before Christmas, I opened the bill with one eye closed fearing the worst. The first thing I did was to check the "minimum payment this bill" section – and thankfully didn’t pass out! Then I noticed something that I hadn’t before...