According to MNP’s recent Consumer Debt Sentiment Survey, 56 per cent of Canadians are on the brink of financial ruin.

Learning to handle funds responsibly is part of growing up. Unfortunately, it is not something usually taught in schools which means it falls to parents to teach their children how to do so. Here are a few suggestions you might want to consider.

The latest MNP Consumer Debt Sentiment Survey shows that a lack of financial literacy skills may be intensifying Albertans’ consumer debt binge.

The latest MNP Consumer Debt Sentiment Survey shows that a lack of financial literacy skills may be intensifying British Columbians’ consumer debt binge.

Sometimes a financial institution or other form of lender will not grant credit to an individual or company (the “borrower”) unless someone else provides a guarantee. This can be potentially dangerous because if the borrower defaults on the loan, the lender will pursue you (the “guarantor”) for payment.

As the Canadian economy continues to stagger and unemployment grips several provinces throughout the country, Black Friday shopping can feel like ‘smart spending.’

Start living today and enjoy your golden years.

Dealing with debt can be an overwhelming experience. Quite often, people do not understand how they accumulated so much debt and in some cases in a very short period of time.

Dads have been around. They know what’s going on in the world even if we think we know more. Sometimes they sit us down and tell us what we should know. Other times, Dads give us advice without us realizing it. It comes to us in offhand comments or subtle questions.

If you are struggling with unmanageable debt, there are several debt solutions available that provide actual relief and allow you to get back on track to financial freedom instead of holding you back.