Coronavirus and your expenses (with a BC twist)

Pandemic or no pandemic, we all have bills to pay....unfortunately. If, like many people, you are already feeling the pinch financially, let me give you some advice on which bills to pay first and any assistance that might be available to you. Since I live in British Columbia, I will provide information about the provincial …

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10 Financial killers

In my previous post, I shared how F.I.R.E. has an element of privilege to it.

Debt will always be debt

The most recent statistics indicate Canadians owe an astonishing $1.8 trillion in debt, including mortgages

The tale of the Christmas dress or how I got into debt

My first job in Canada was as a receptionist in a private high-school in North Vancouver. The job in itself was boring with a pay to match, $ 12 per hour. I worked there for 6 months. The environment, however, was new and interesting. I had never worked in an academic setting before and my …

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Financial set-backs and debt fatigue

I have been hit in the pocketbook a couple of times recently, just when I thought I finally had my debt under control. Three months ago, our strata had a special general meeting to review the condition of our building envelope. Some repairs are definitely necessary. The -heated- debate was on how much owners should …

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Should you use a credit counselling service?

Let’s start by defining what “credit counselling” is. It is a process that involves offering education to consumers about how to avoid incurring debt and helping debt repayment by establishing an effective debt management plan and budget. Written like this, it might sound interesting and appealing, particularly if you are in a difficult financial situation. …

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