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Understanding debt-to-income ratio

The debt-to-income ratio is a common headline story; for a long time, it has been reported that the number is very high and ever increasing. So what is this ratio, why is it rising, and most importantly, what does it mean for you personally?

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Atlantic Canadians’ Confidence in Personal Finances, Debt Repayment Abilities Plummets Amid Pandemic Fatigue and Uncertainty (Prince Edward Island Release)

Atlantic Canadians’ confidence in their personal finances and debt repayment is noticeably shaken as uncertainty and pandemic fatigue continue to build amid the spread of the Omicron COVID-19 variant, according to the latest MNP Consumer Debt Index.

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What to do if you’re feeling blue this Blue Monday

While we’d never pretend to have solutions to all the problems that make Blue Monday depressing, there are steps you can take to reduce the financial stress that comes with this time of year.

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Canadians’ confidence in personal finances, debt repayment abilities reaches lowest level ever recorded

Canadians are showing record-low confidence levels when it comes to their personal finances and debt repayment abilities.

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October 2022 Consumer Debt Index (MNP 3 Minute Debt Break)

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Atlantic Canadians’ Confidence in Personal Finances, Debt Repayment Abilities Plummets Amid Pandemic Fatigue and Uncertainty (Nova Scotia Release)

Atlantic Canadians’ confidence in their personal finances and debt repayment is noticeably shaken as uncertainty and pandemic fatigue continue to build amid the spread of the Omicron COVID-19 variant, according to the latest MNP Consumer Debt Index.

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Atlantic Canadians’ Confidence in Personal Finances, Debt Repayment Abilities Plummets Amid Pandemic Fatigue and Uncertainty (New Brunswick Release)

Atlantic Canadians’ confidence in their personal finances and debt repayment is noticeably shaken as uncertainty and pandemic fatigue continue to build amid the spread of the Omicron COVID-19 variant, according to the latest MNP Consumer Debt Index.

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Atlantic Canadians’ Confidence in Personal Finances, Debt Repayment Abilities Plummets Amid Pandemic Fatigue and Uncertainty (Newfoundland Release)

Atlantic Canadians’ confidence in their personal finances and debt repayment is noticeably shaken as uncertainty and pandemic fatigue continue to build amid the spread of the Omicron COVID-19 variant.

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What are good reasons to borrow money?

You have probably heard, more than once by now, that not all debt is created equal. Some types of debt can actually be beneficial, where others can put your personal and family well-being at risk.

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Interest rates are rising - how will you keep up?

The persistent rise in interest rates will have varying effects on your finances but how will you navigate this challenge?

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