Cyber Monday And Black Friday

While Black Friday and Cyber Monday used to be predominantly American shopping events, Canadian consumers and retailers have gotten right on board in recent years. While there is opportunity for cost savings, it’s important to be aware of exactly what you’re spending and what you’re spending it on. Without a proper budget in place to keep your spending aligned with your monthly expenses and long-term financial objectives, it can be all too easy to get into the spirit of shopping and put yourself in a costly cycle of debt – especially if you are putting the expenses on your credit card.

MNP Ltd. Trustee Melanie Fuller was interviewed by the London Free Press to discuss how low interest rates have led to high consumer debt. The original article was originally posted online at lfpress.com on November 28, 2015.

Melanie Fuller

Melanie Fuller

CIRP, LIT

Senior Vice President

Servicing: London Southdale, St. Thomas, Clinton, London Southdale, London (Queens), Sarnia, Strathroy

Latest Blog Posts

2025-10-13

Managing debt through divorce: What to consider

Vicky Samuels

Debt Solutions Lifestyle Debt

When relationships end, shared debt can become a lasting burden. Here’s what to know about your responsibilities, risks, and financial options. 

Read More

2025-09-26

Is some debt good for my company?

Paul Pettigrew

Lifestyle Debt Debt Solutions

Whether operating a small business, or large enterprise, there is a lot at stake for Canadian entrepreneurs.

Read More

2025-09-02

How to budget when you’re living paycheque to paycheque

Caryl Newbery-Mitchell

Lifestyle Debt Debt Solutions

You already know the many benefits of skilled money management. The fact you’re reading this blog post says at least that much. Your challenge, like for most households, is how to navigate the seemingly infinite demands on your frustratingly finite income.

Read More

Consultation icon