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MNP Debt Blog

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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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This is the second entry in a two-part blog series on family debt categories. Part 1 discussed becoming a loan guarantor in general, as well as becoming a guarantor for a spouse’s business loans. Here are three other primary categories of family debt...

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Top 5 Signs Of A Debt Management Scam

Debt settlement companies have been growing quickly in Canada. They advertise credit counselling, debt settlement, debt relief, debt consolidation and debt management.

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Creating a detailed budget is the first step to getting your finances in order. But don’t’ forget these 10 overlooked expenses.

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