Logically, we know we can’t buy everlasting happiness for 12 low payments of $59.99 – or less than the cost of one coffee a day.

When most people encounter financial problems, the first thing that usually goes through their head is they don’t make enough money.

Thinking about financial freedom is like thinking about starting a diet – forcing yourself eat only healthy and unsatisfying foods when all you really want is a piece of double chocolate cake. But if you worry that finding financial stability means no more dining out, buying new clothes or spending on extras, I have good news for you…

The approach taken by the Canada Revenue Agency (CRA) regarding the collection of personal income tax debt is straightforward.

People with bi-weekly income have the unique advantage of receiving 26 paycheques per year, compared to 24 paycheques for people who receive semi-monthly remuneration.

MNP’s Donna Carson recently spoke with Newstalk 770 about the current debt concerns for many Calgarian consumers.

Struggling with debt? MNP Ltd. Trustee Derek Cramm recently discussed MNP’s Consumer Debt Sentiment Survey with CTV Halifax.

People fear the word “bankruptcy” for many different reasons. Often people worry about the effects a bankruptcy may have on their credit rating, the effect on their family or on co-signors and the societal perceptions.

The primary purpose of the Bankruptcy and Insolvency Act (BIA) is to allow honest but unfortunate debtors relief from their debts and the chance to make a financial fresh start.

This discrepancy between income in / income out has led to a significant increase in insolvency filings throughout the province. Sound familiar?