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How to avoid debt management scams and financial fraud

Managing your money and dealing with debt can be tough. It's even more challenging when you have to watch out for scammers.

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Rising cost of living forces Newfoundland and Labradorians to make tough sacrifices: Three in 10 are eating less to save, sharing expenses from housing to carpooling, childcare and groceries

According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, nearly a third (32%) of Atlantic Canadians report turning to bill-splitting strategies such as carpooling, buying in bulk, sharing subscriptions and childcare, and living with others.

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Albertans’ concern about ability to pay debt reaches all-time high amidst rising rates and affordability struggles

Amid rising interest rates moving upwards and a challenging cost of living for households, the proportion of Albertans who are concerned about their ability to pay their debts has reached an all-time high.

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What are the alternatives to Bankruptcy, and which is best for me?

If you are experiencing overwhelming debt loads, severely reduced income, unexpected job loss, or depleted savings, you may be wondering if Bankruptcy is right for you.

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Is there a stigma to Bankruptcy?

Let’s explore some of the stigmas around Bankruptcy, why you shouldn’t be afraid of this process, and how a Licensed Insolvency Trustee (LIT) can help you on your journey toward a debt-free future.

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What happens if your income changes after filing for a Consumer Proposal?

A Consumer Proposal can be a good alternative to Bankruptcy for people struggling with debt.

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MNP’s Debt Scale Tool and Debt Calculator: How to use them

The road to a financial fresh start begins with gaining insight into your current financial state. MNP has built various easy-to-use and accessible tools to help you understand your finances and determine the best debt relief options for you.

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How to budget when you’re unemployed

When you find yourself out of employment and unable to make ends meet, there are several steps you can take to navigate the situation.

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View our top blogs of 2023, filled with interesting and helpful insights. Our goal is to provide easy-to-understand information about financial best practices.

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