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.
The sun is shining a bit longer every day, giving people that sense of renewal that comes along with the fresh air. Spring is definitely a mood-booster after a long winter and puts a pep in your step to get things done that you may have been putting off. Spring is also a season of change; if you’re ready for a change, now is the time. Let us help you think about fresh ways you could be saving money this season.
Everyone who relies on a vehicle knows about “pain at the pumps” as the cost of fuel rises along with everything else. Many people don’t want to give up their personal vehicles because of their convenience, but if you know your wallet is strained just from trying to keep your tank full, think about switching to taking a bus or train to work or for running errands.
Learning your city or community’s transit routes is a great way to save some money on gas, while also taking in the sights and seeing your town with fresh perspective. You’re not obligated to commit to it everyday either. Taking transit 1-2 days a week instead of 5 could make gas considerably more manageable on your monthly budget.
We all know the benefits of walking for your health, but there is more to walking than just spending time in nature and meeting neighbourhood dogs! Many of us drive to places where we could easily walk, simply to save time. We already talked about the rising cost of fuel, so it makes sense to find the extra 20 minutes to walk instead of drive. Walking to the store for your groceries daily will also allow you to contemplate how much you want to carry home, stopping you from making impulse purchases that won’t fit in your reusable bags.
Walking or using transit also means less wear and tear on your personal vehicle, which can get expensive.
Consider working with your insurance broker to save on premiums for your car, house, or apartment rental. If you have more than one asset to insure, are they with the same provider? If not, you could be missing out on monthly savings by not doing business with one company. So if you’re coming up for renewal this Spring, ask your broker about consolidating your insurance to one provider.
Other things to mention to your broker that may allow you more savings: if you’ve been working from home and commuting less, or if you decided to switch out a day or two a week to take local transit instead of driving your personal vehicle.
Libraries and community recreation centres are a fantastic resource for free family fun! Check out your town hall or local library’s websites that likely have a calendar for all-ages events such as arts and crafts, plays, reading groups, scavenger hunts, movie screenings, and various cultural events.
Those looking for additional support resources can also take advantage of language or literacy courses, tax clinics, fitness classes, and breakfast programs.
If you want to undergo a financial fresh start this Spring, but feel your debt is preventing you from doing so, don’t hesitate to ask for help. A free, no-obligation consultation with your local MNP Debt office can help you find opportunities to save money and relieve financial burdens.
2025-09-26
Lifestyle Debt Debt Solutions
Whether operating a small business, or large enterprise, there is a lot at stake for Canadian entrepreneurs.
2025-09-02
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.
2025-09-02
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.