2025-09-26
Is some debt good for my company?
Lifestyle Debt Debt Solutions
Whether operating a small business, or large enterprise, there is a lot at stake for Canadian entrepreneurs.
Don Cayo: Government May Finally Be At Least A Little Bit Serious About Protecting High Risk Borrowers
While it’s perfectly natural to want to go ‘all out’ during the holiday season, it’s important to recognize the true cost of splurge spending.
There is a significant concern for those who turn to high cost lenders like payday loans to cover their holiday expenditures. Short-term, high-interest loans can put you in a position of having to re-borrow after paying off the initial loan, leading to a cycle of debt that can put you in significant financial distress. As you prepare for the season, create a detailed budget that will help keep your spending in line. If you are going to turn to credit or a loan for short-term support, consider the costs associated when you attach the amount you will pay in interest on top of the original spend. Seeing the total costs after your payments have been made, might make you reconsider some of your purchases!
MNP LTD Trustee Judy Scott was interviewed by The Vancouver Sun to discuss payday loans. The original article was posted online at The Vancouver Sun on December 11, 2015.
Linda Paul
CIRP, LIT
Senior Vice-President
Servicing: Abbotsford, Chilliwack, Maple Ridge, Surrey, Langley
Latest Blog Posts
2025-09-02
How to budget when you’re living paycheque to paycheque
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.
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Side Hustles (MNP 3 Minute Debt Break)
Debt Solutions Lifestyle Debt 3 Minute Debt Break podcast
With rising inflation, increasing housing costs, and mounting daily expenses, many Canadians are finding that their paychecks no longer allow them to live as comfortably as they once did. Whether you're trying to pay off debt, save for a rainy day, or enjoy greater financial freedom, one option to consider is a side hustle.
