omy continues to stagger and unemployment grips several provinces throughout the country, Black Friday shopping can feel like ‘smart spending.’ If you’re spending on credit however, depending on how long it takes you to pay off your Black Friday spend, the interest accrued over time might actually outdo the savings you thought you were getting at the time. Creating a comprehensive budget to account for your holiday spending, financial obligations, cost of living and income will help you prioritize your spending and curb impulse purchases that could end up costing you far more than you bargained for in the long run. Pamela Meger, a Licensed Insolvency Trustee with MNP recently spoke with Global News about Black Friday overspending and managing debt bills as they roll in throughout the holiday season.Global News posted an original article on November 25, 2016.
CIRP, LIT
Senior Vice-President
Servicing: Weyburn, Swift Current, Regina, Estevan, Moose Jaw, Yorkton
2023-04-14
Debt Solutions
The Canada Revenue Agency (CRA) is tasked with assessing and collecting income and related taxes from both businesses and individuals. So, what options are available to CRA to collect a debt?
2023-01-03
Debt Solutions
With another New Year’s day come and gone, it’s time to commit yourself to the resolutions you made! And what better way to start the year than with a few financial resolutions?
2022-12-07
Debt Solutions
As government attempts to cool the heating economy, you may need to take precautionary measures to save your financial health.
