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MNP Debt Blog

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Financial Dieting The Psychology Of Money

Consumers can get the “blues” quickly when bills arrive in mail. With varying payments, due dates and interest rates, keeping track of it all can get very overwhelming. A budget or financial diet can help improve your financial health.

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Feel Like Youre Trapped Between A Rock And Your Tax Debt

A lot of people believe that personal income tax debt will never go away – that if you’re unable to pay, the debt will haunt you to the end of your days. After all, the government always gets paid right?

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More often than not, when people find themselves in financial trouble they’re usually not sure what options are available to help them get back on track. Well-meaning friends and family may suggest a bankruptcy as a quick and easy solution. Even some...

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Father’s Day: Budgeting Tips from My Father’s Generation

With Father’s Day around the corner, I find myself reflecting on some of the financial lessons I learned from my father over the years.

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Feeding Your Family On A Budget

According to Statistics Canada, the annual inflation rate in Canada jumped 1.6% in December. Much of this increase can be attributed to the rising costs of groceries.

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Having Multiple Credit Products Can Impact Your Credit Score

Many consumers wonder what creditors look at when determining whether or not to grant a loan. Of course, it is relatively common knowledge they look at our credit score to help make a decision, but the question that remains is, what other factors impact...

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High Debt Loads Hurt Albertans

Given the current economic downturn in Alberta, it's not surprising to learn that insolvencies are at a significant upturn in the province. MNP's Donna Carson was on hand to speak with the Globe and Mail about the financial distress many in the province...

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How Long Do Bankruptcy & Consumer Proposals Last

Upon filing for bankruptcy, there are a number of duties that you must complete which include paying fees, participation in two debt counseling sessions and submission of monthly income and expense statements.

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Considering bankruptcy as a debt solution but wondering what happens to your property across the border? Let’s explore.

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How Does My Partner's Credit Rating Affect My Ability To Get Credit?

Managing finances in a romantic partnership can be confusing when partners have different credit ratings.

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