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Manitoba and Saskatchewan residents grapple with inflation isolation: rising costs impacting mental health, increasing loneliness, isolation, stress, and anxiety

A recent Ipsos poll conducted on behalf of MNP LTD reveals higher costs and interest rates appear to be causing an isolation phenomenon. Three in five Manitoba and Saskatchewan residents say they are staying home more often (61%) to save money — more than those in any other province.

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Tips and tricks to pay off your debts

Make your debt-free future a reality with some useful strategies to pay off what you owe.

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Am I in debt? Understanding your financial health

With so many moving parts, it can be hard to understand your finances. You have to budget and track your spending — not to mention keep track of all the bills that automatically come out of your account each month.

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How planning ahead can ease the financial burden of your child’s sports commitments

Getting kids involved in sports offers many benefits. Aside from promoting physical fitness, sports give kids a great opportunity to develop confidence and sportsmanship, learn team building, and experience the rewards that come with working toward a common goal.

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Visiting a local trustee – why being local matters

If your research into your personal finances shows that you have unmanageable debt, then working with a trusted advisor is going to be a huge part of your financial journey.

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Debt tools and how to use them

Do-it-yourself tools like the MNP Debt Calculator and the MNP Debt Scale are a great place to start and will help determine your next steps.

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Review your options: Bankruptcy, Consumer Proposal, or full debt repayment

Financial advisors can help you prioritize your debt repayments based on due dates and interest rates.

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The Bankruptcy process

After consulting with your local financial advisor, you’ve determined that Bankruptcy is the next step for you. While the decision may not be easy, it’s an important step in your journey to debt freedom.

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Canadians’ debt outlook reaches lowest point in five years

More Canadians report their current and expected debt situation is deteriorating.

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Life after debt

You’ve been through one of the biggest financial challenges of your life. Overwhelmed by debt you couldn’t manage on your own, you made the choice to meet with a Licensed Insolvency Trustee.

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