MNP Debt Blog

Often we associate retirement with enjoying the fruits of our labors. But many seniors find themselves struggling financially even after decades of working.

The latest debt index finds Canadians are showing record-low confidence levels when it comes to their personal finances and debt repayment abilities. Now in its nineteenth wave, the MNP Consumer Debt Index has reached the lowest point since inception,...

Often, people are uncomfortable speaking openly about their debt and its impact on their personal well-being. Those who are experiencing credit issues fear that the social stigma of debt may be viewed negatively by family and friends and society in general....

Living beyond our means can lead to financial disaster. The increasing accessibility of credit cards and online banking makes it easier than ever to overspend. Rising costs of goods and social media pressures to keep up appearances can make it worse....