In all aspects of life, we benefit from an ability to anticipate problems before they happen. Whether it’s in your relationships, your job, your health, or simply during your daily commute to work, you know instinctively to keep your eye out for potential red flags.

Eight times a year, the Bank of Canada will make an announcement on the key interest rate, and if projections are correct, we are going to see interest rates rise. You could be thinking, what does that mean, how will it affect me, what can I do?

This time of year we think about festivities and fun with friends and family. And sometimes we do it without thinking about finances. Often finances are something we don’t focus enough on through the entire year because we have acquired bad financial habits. They’re easy to fall into and can cause all sorts of personal and financial difficulties.

Canadians who worked from home found that they were able to save a significant amount of money by not having to travel to a work location each day.

The holidays can certainly be the most wonderful time of the year. But with all the pressure to spend, it can also be one of the most expensive and stressful.

COVID-19 has amplified financial uncertainty for millions of Canadians. Households have faced loss of income through several rounds of lockdowns and a topsy turvy economy, and some have experienced rising debt loads as a result.

This is the first in a five-part blog series about what Consumer Proposals are, how the process works, and whether they might be the right solution for you to get permanent relief from your unsecured debt.

Everyone, except perhaps the most frugal among us, makes purchases from time to time which they hadn’t anticipated or planned for.