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MNP Debt Blog

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For many Canadians, their retirement years are supposed to represent their golden years where they can enjoy the fruits of a lifetime of work and labour.

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What If I Were To Stop Making Credit Card Payments

Are you in financial trouble? Are you worried about what will happen if you stop making credit card payments? Call the experts today for a free consultation.

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Financial Lessons A Father Teaches You

As a father, there are several financial lessons I hope I’ve passed along to my children. These are valuable bits of wisdom I’ve learned from my parents, personal experience and through my work as an accountant and Licensed Insolvency Trustee.

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Financial Challenges Facing Millennials

High financial expectations coupled with harsh employment realities can leave recent post-secondary graduates feeling a little anxious and overwhelmed. The competitive job market, combined with lower than anticipated income and higher than expected costs...

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There’s been a point in nearly ever big city dweller’s life when they’ve thought fondly about leaving the bright lights behind and starting fresh in a small town.

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Why Its Important To Pay Off Your Debts Before Retirement

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.

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When We Get Married, Does My Partners' Debt Become My Debt?

Many Canadians enter marriage with a sizable debt burden from both parties. As the most heavily indebted country in the world by some measures, that doesn’t come as much of a surprise.

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You finally met the right person and now you want to take your relationship to the next level. You move in together or you want to make it more official and get married.

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The Bank of Canada raised its key interest rate, the overnight rate, by a quarter percentage point to 1.25 percent on January 17, 2018, the highest it has been since 2009.

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One of the most heartbreaking aspects of debt we see is the breakup of family relationships when a guarantor is called upon to pay a family debt. T

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