For thousands of Canadians across the country, it’s no secret to hear that our national economy is facing an uncertain future.

A survey conducted by Pollara for BMO revealed that Canadian holiday spending plans in 2013 were up for the third straight year, with anticipated average spending on travel increasing 22% to $689, while average gift-buying went up only slightly, to $678 from $674.

When you have numerous debts, debt consolidation should be one of the first options you consider to regain control of your finances. Before you start the process, check your credit score.

If I have been discharged from bankruptcy will my bankruptcy affect my ability to be bonded for a job?

It’s a deceptively murky question without a straightforward answer.

An RRSP is an asset of a bankruptcy estate, however subject to exemptions provided by both provincial and federal legislation. It is the exemptions afforded a bankrupt that permits an individual to retain certain assets, while permitting them to access bankruptcy proceedings and obtain relief from their burdening debt.

Making a major purchase can be exciting or necessary, but it is also an expenditure that can get you in financial trouble, particularly if you don’t properly plan for the purchase.

please can you tell me during bankruptcy do we need to start paying our school debts if we are still in school or we are taking courses in parttime during bankruptcy.

how much do you calculate in the budget after bankruptcy for housing costs for a family of 5. thanks ron

If you were to make a list of things you enjoy doing in your free time, it’s safe to assume budgeting likely wouldn’t rank in your top 10.