It used to be that you worked hard, burned your mortgage and burned the papers in the front yard and partied. That doesn’t happen too much these days. Very few people stay in their home long enough today to pay off a 30-year mortgage. If you can pay it off early, it might be the […]
The days of exceptionally low interest rates are coming to an end. Mortgage interest rates have gone up, and industry experts agree that they’ll continue to rise. The Bank of Canada anticipates several rate hikes in 2018. Higher rates can affect your ability to buy a home. If you are considering buying, we recommend you
Credit cards are almost a necessity in today’s society. It has become harder and harder to get through life without plastic. If you want to make purchases over the Internet, guarantee a hotel room, or perform a wide variety of other financial transactions, a credit card is essential. And, the truth is, credit cards can
Bankruptcy may be your quickest way of getting relief from your unbearable debt, but it is also the most damaging action to your credit ratings. Let us review the consequences of filling for a bankruptcy before your make up you decision to go for it. 1. Hard to Obtain Credit Bankruptcy restrictions apply from the
What Are The Consequences of Filing For Bankruptcy? Read More »
There are millions of Canadians out there who have paid off heavy credit card debt, and you may be one of them. However, to get rid of credit card debt, it won’t be enough just to make minimum monthly payments. In fact, you just need to do a little more than just paying the minimum
Rental real estate is slowly becoming a good investment endeavour although there are some skeptical few who still thinks that it’s a daunting undertaking. Well we just can not blame them since searching for a good investment property is really hard. However, for those few optimists rental property is great way to accumulate wealth. Just
Step One: Plan for the Unexpected Big Time Bill The first step arises from debt from a one-time large expense – something that is too large to be paid for with your monthly paycheck, or by saving for a few months. Many of these debts are investments in either an asset that will appreciate over
4 Simple Steps To Get Out Of Debt – And Stay Out Read More »
