If you’re looking to break free of personal debt once and for all, we can help. We provide debt and bankruptcy solutions that are life-changing and permanent, so you can erase debt from your life.
Debt can be overwhelming. For that reason, our Licensed Insolvency Trustees are always here for you. let’s discuss the options available to you. Your debt-free future starts now.
Christmas is fun and exciting. Stores are stocked up to the roof, decorated with glitter, and have carols playing all day…and night. We love making others happy with gifts and holiday experiences and we try to make everyone happy with something they really want.
We make a list. Is everyone on it? Are all the gifts age-appropriate? Did I just pick the gift of the year? And of course you need to add a turkey to the list! Then comes the tricky part! Find parking, find the gifts…find the turkey!
STOP! Did you plan a holiday budget? How will you pay for Christmas? Is there even any money left for that turkey, the stuffing, maybe some bubbly for New Year’s Eve?
A survey by
Canadian Living shows that Canadian adults planned on spending an average of $766 for holiday gifts in 2015. That’s a lot of money, turkey not included. Some spend even more and this year will probably be no different.
Let’s say a family spends $1000... here goes paying it off.
CASH is King
Monthly payment (minimum)
None, it’s paid.
3% of balance($30, decreasing)
Time to pay
Zero, it’s paid.
It’s all about planning: you don’t want to pay for this year’s bird while you’re picking up next year’s.
Now that 2016 is almost up, plan for Christmas of 2017. See that loan payment of $88.85? Double it! The first $88.85 goes to the loan payment, the other $88.85 goes to you, in a savings account; next year you’ll pay cash for Christmas!
With all the hype involved at Christmas, and even with the best budgeting advise, if you feel that the joy of the holidays is lost on your financial situation, come see one of our Licensed Insolvency Trustees, we can find a solution that will help you get your financial health back. Think about the real possibility of paying cash for Christmas next year and feeling financially free.Yves Patrice Beaudin is a Licenced Insolvency Trustee within our Montreal location. To learn more about how MNP Debt can help you, contact any of our local offices at 1.888.932.4115.
Our team of Licensed Insolvency Trustees will help you
explore the debt relief options available to you and
together we will find the solution that best fits your
situation. Set up your FREE, no obligation consultation
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*310-DEBT doesn’t operate in MB, NW ON and QC.
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