MNP Debt Blog

As the Canadian economy continues to slump and unemployment grips thousands of households across the country, it's no surprise to learn that many are struggling to keep up with the costs of day-to-day living, let alone manage debt.

For a family struggling financially, this can be a difficult time of year as these expenses accumulate rapidly and the family often feels obliged to incur these expenses as a matter of meeting societal expectation.

While Boxing Day discounts can feel like significant savings in the moment, if you’re relying on credit to pay for your purchases, they may end up being a lot more expensive than even the original retail price in the end.

As holiday spending quickly adds up – it’s all too easy to reach for credit to cover the increasing costs. But how much does that credit use cost in the New Year.

MNP’s Donna Carson recently spoke with Newstalk 770 about the current debt concerns for many Calgarian consumers.

It is amazing how one time of year can bring about feelings of warmth and joy while simultaneously causing stress and anxiety.

With the holidays right around the corner, it's easy to get caught up in a spending frenzy. But if you're depending on credit to carry your spending, you might find that you're paying a lot more than you anticipated when the bills start to roll in come...

A 2015 survey shows the average Canadian spent an average of $766 for holiday gifts. MNP’s Yves Patrice Beaudin talks budget in this blog.

The act of co-signing a loan is easy. It can also feel very rewarding since you’re often helping a family member or friend who wants to buy a new car or maybe even a house.

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 in today's economic climate, for many seniors, this is not the case.