MNP Debt Blog

Owing, in large part, to nearly seven years of ultra-low interest rates, low-barrier borrowing and the relative affordability of credit, Canadians are further in debt than ever before.

The number of Canadians aged 65 and older is increasing rapidly. By 2030, they will make up more than one quarter of the country’s population.

Whoever said money can’t buy happiness has never worked tirelessly for two weeks only to have an over drafted bank account swallow their entire paycheque...

Creating a detailed budget is the first step to getting your finances in order. But don’t’ forget these 10 overlooked expenses.

Student life doesn’t need to include heaps of student debt. Start budgeting today to set yourself up for a financially secure post-secondary future!

Birthdays tend to be a time of celebration and reflection and Canada’s 150th birthday is no exception.

While some of those challenges may seem far in the distance, they will be on your doorstep sooner than you think.

Tempering the excitement of buying with some sober expense calculations will make for a happier homeowner experience in both the short and longer term.

Having a household credit card or two can come in handy for multiple reasons – which is probably why there are approximately more than 43 million credit cards currently active in Canada.

If you are experiencing financial difficulty, and can set aside any emotional bias preventing you from being able to make a rational decision in a timely manner, you will save both yourself and your household from significant stress and anguish.