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MNP Debt Blog

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What rising interest rates could mean for you

Eight times a year, the Bank of Canada will make an announcement on the key interest rate, and if projections are correct, we are going to see interest rates rise. You could be thinking, what does that mean, how will it affect me, what can I do?

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Why We Overspend (3 Minute Debt Break)

This time of year we think about festivities and fun with friends and family. And sometimes we do it without thinking about finances. Often finances are something we don’t focus enough on through the entire year because we have acquired bad financial...

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Counting down our Top 12 tips of 2021

What are some signs that I’m financially healthy

The average person spends most of their life chasing financial stability. We work, we get paid, and we spend our income on bills, household expenses, retirement savings — and, if we’re fortunate, maybe a little bit of leisure.

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Children need more financial literacy training in schools, here’s why

Learning doesn’t just happen at school. Teaching children about money and how it works starts at home.

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The Red Flags to Watch for in Financial Health

In all aspects of life, we benefit from an ability to anticipate problems before they happen. Whether it’s in your relationships, your job, your health, or simply during your daily commute to work, you know instinctively to keep your eye out for potential...

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Seniors and Savings (3 Minute Debt Break)

Often we associate retirement with enjoying the fruits of our labors. But many seniors find themselves struggling financially even after decades of working.

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How does Bankruptcy work in Canada?

What is Bankruptcy? How does it work? And what are the alternatives? Let’s investigate.

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Consumer Proposal vs. Bankruptcy: What’s the difference?

Many Canadians may find themselves overburdened with debt due to various factors beyond their control.

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What you need to know about divorce and debt

The pandemic, childcare challenges, and the difficulties of spending much more time together during lockdowns made 2020 a difficult year for many couples.

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