MNP Debt Blog

The effects of debt can vary from person to person. You might worry over a $1,000 credit card debt, while your friend might not give a second thought until it’s in the tens of thousands.

The ongoing uncertainty and instability caused by the COVID-19 pandemic have many people concerned about their financial circumstances. But managing debt is something you should always be thinking about no matter what is happening around you in the world...

Money and possessions are how we make our way in this world. And when someone comes looking to take those things away, that threatens our way of life. Naturally, our only options are to fight, flee or freeze.

The Canadian economy has enjoyed more than 10 years of robust growth, yet only around half of Canadians are in good financial shape — and the COVID-19 pandemic certainly hasn’t improved matters.

Bad financial habits are easy to fall into and impact wealthy households, low income individuals, the highly educated and uneducated alike. They can cause all sorts of personal and financial difficulties — but it’s often not until they’ve...

Despite the fearless efforts of previous generations there remains a pronounced gender wealth gap in Canada, along with persistent stereotypes and stigmas about how women manage their money. In celebration of International Women’s Day 2021, and...

As you look ahead to the future and retirement, you probably have many goals and dreams you’re looking forward to. But for many seniors, just when they should be relaxing and enjoying the fruits of their labour, many find themselves struggling financially....

Just the mere thought of financial planning is enough to send many people into a tailspin. But it can be a truly empowering exercise. You just have to break it down into small enough steps so it’s not so overwhelming.

All debt can be overwhelming, but there’s no creditor quite as frightening as the CRA. The bottom line is if you have not filed taxes for several years or your tax debt is severely delinquent, you’re on CRA’s radar.

No matter the size of your debt there are basically only two ways to deal with it; calculating it and managing it down. Listen for tips on how to do both and help avoid the never ending feeling of debt!