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MNP Debt Blog

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Understanding wage garnishment in Canada

Imagine yourself working hard to pay off a large sum of debt, but due to misfortune, mistakes, or any other circumstance, you’re falling behind. Your family depends on your income, and you are living paycheque to paycheque barely making ends meet....

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Between rising interest rates and accelerating inflation, it’s hard to know what to blame when costs rise, and affordable mortgages are harder to negotiate.

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Seasons of savings: tips to manage your budget in the fall

With the holiday season fast approaching, now is a good time for a finance refresher to avoid over-spending in December.

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Thanksgiving is approaching. While some prepare to celebrate, you may be less confident about your ability to afford food and other items your family needs for the festivity.

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Every young Canadian needs the basic financial management skill to invest in their career, build a nest-egg for retirement and enjoy their lives free of unmanageable debt.

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What happens if I declare bankruptcy?

Filing for Bankruptcy is very emotional — and can be stressful — but what I can tell you is that a Licensed Insolvency Trustee can help!

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What are the signs of good (and poor) financial health?

Currently, household debt levels, inflation, and key interest rates in Canada are among the highest in the world. Personal finances have become a hot topic as individuals and families cope with the effects of an economic downturn.

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The impact of this year’s persistent inflation and consecutive interest rate hikes is becoming clear as Atlantic Canadians’ concerns about the effect on their wallets skyrocket.

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The impact of this year’s persistent inflation and consecutive interest rate hikes is becoming clear as Atlantic Canadians’ concerns about the effect on their wallets skyrocket.

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