As Canadians are struggling with a weakened economy and a consistently increasing cost of living, it's no surprise to learn that many are relying on credit in efforts of trying to stay ahead of monthly financial obligations. Taking it one step further, many are going so far as to take out credit, using equity in their homes as leverage. While credit can be a great solution for managing short-term necessities, long-term credit dependency could lead...

While some of those challenges may seem far in the distance, they will be on your doorstep sooner than you think.

Top search engine Google, has just taken a landmark stance against payday loans lenders, who offer short term loans at extremely high interest rates – often putting consumers at great risk for unmanageable debt as they struggle to pay off loans and interest, only to have to borrow again after having to account for the significant financial hit. All too often, those in the greatest need of debt solutions and financial advice, are those who fall victim...

It can be extremely daunting and frustrating when you are trying to pay down debt. Especially as you watch your balance decrease when a payment is made, only to see it go up again with interest charges, service fees, loan insurance premiums or even as you withdraw money to cover bills and costs of living.

As the spike in insolvencies continues to rise in communities like Lethbridge throughout the province, now is as good as time as ever to talk about the value of a budget.

A 2015 survey shows the average Canadian spent an average of $766 for holiday gifts. MNP’s Yves Patrice Beaudin talks budget in this blog.

Dealing with the stress of unmanageable debt is exhausting. Once you’ve decided that enough is enough and it’s time to face your financial situation head on.

While filing for bankruptcy may be a completely viable option for some, it’s not the only option out there.

With the holidays right around the corner, it's easy to get caught up in a spending frenzy. But if you're depending on credit to carry your spending, you might find that you're paying a lot more than you anticipated when the bills start to roll in come the New Year and interest begins to accrue.

There is money in trust to my children in the bank, will i that be taken?