Judgment Day Under Reform
Behold, judgment day is upon us, or more accurately, money judgment day. When I first looked at the new law being proposed in BC about money judgments I almost cried. It’s terrifying to see how many bad things can happen…
Is your debt acceptable?
It’s easy to tell if your debt is affordable, either you can make the payments along with your other expenses, or you can’t. But if you can “afford” your debt, does that make it acceptable? What may help with that …
Should I Finance a New Vehicle?
Is financing a brand new car the right decision for you?
Our answer is plain and simple: NO. Vehicles are not real assets, they are expensive wealth suckers, and if purchased on credit — pure liability.
A new car loses …
Payday Loan Help
Do you need relief from payday loans? Many people like you get caught in what’s known as the “payday loan cycle”, a ‘borrowing from Peter to pay Paul’ situation where you are juggling payday loans from multiple lenders, trying to …
Debtor’s Prison and Debtor Hell
By Margaret H. Johnson
You’ve heard about debtors’ prisons, right? They were made somewhat famous by Charles Dickens in the 1800s through fictional characters and events. His father had been imprisoned for debt. His family suffered great shame and austerity. …
RRSP’s Taxes and Debt
By Margaret H Johnson
T’is the season to be…..ah, um, jolly…. worried, maybe even frightened?
As the end of February rapidly approaches, we are pressured to make some important financial decisions. One of the first is: “Do we pay …
