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MNP Debt Blog

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Boxing Day How Much Are You Paying In The Long Run

Even while many Canadian consumers are struggling under a sluggish economy and increased unemployment, many were not deterred from sloshing into the snow to hit the stores for seemingly ‘once in a lifetime’ deals.

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While credit can be helpful in a pinch, credit reliance can quickly become a dangerous cycle that's difficult to get out of when there's no longer a steady income coming into the household.

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Boc Warns About Rising Debt

As Canadians are struggling with a weakened economy and a consistently increasing cost of living, it's no surprise to learn that many are relying on credit and (current) low interest rates to help keep up with monthly financial obligations and expenses....

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Blue Monday Not So Blue

The third Monday in January was coined ‘Blue Monday’ as it’s earned a reputation as being the most depressing day of the year. For many Canadians already low on Vitamin D after braving months of a Canadian winter, having bills roll in...

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Blue Monday In Kelowna

The third Monday of January is coined “Blue Monday” because it is apparently the saddest day of the year. Pairing a Canadian winter with all the bills rolling in from the holidays, makes the term quite fitting.

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A Midlife Career Change Can Stress Family Finances

Whatever your reasons, if you're looking to take your career in a new direction - the most important thing you can establish for yourself and your loved ones, is a strong financial plan.

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Are You A Senior Drowning In Debt

After a lifetime of hard work, seniors should now be at a stage in their lives where they can slow down, retire and enjoy their golden years. Unfortunately for many seniors, this is not the case.

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A Household Debt Worth Paying Attention To

You know the phrase 'things just aren't the way they used to be'? That's never been more true than today. Just a few decades ago, having a good education, settling into a fruitful career, buying a house, raising a family and looking forward to an enjoyable,...

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7 Tips To Help You Spend Responsibly This Holiday Season

It is hard to believe that Christmas is only two weeks away, but step into any retail establishment and you’ll be sure to notice the holiday displays and buzz.

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It's important to start teaching your children about the limitations of money at an early age.

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