Canadians carry more personal debt per person than in any other developed country in the world, at a whopping $41,000+ per person. Shocking, isn't it? Look around at your family-spouse or partner, kids, parents, in-laws-and add it up. How much do you personally owe? At the same time, more than 80% of Canadians also want to be debt-free. What a conundrum. And how did we ever get here in the first place?Some of the reasons we got into this...more
Well, the best advice to stay out of debt, hands down, is, don't go into debt in the first place. But with Canadian debt levels at all time highs that little bit of terrific advice isn't going to do a lot of people much good right now. And many of us grew up with debt as a kind of standard of living we saw in our parents' lives, and now have carried forward into our own. Who doesn't owe on their student loans? Who doesn't carry a monthly balance on their credit cards or line of credit?Although many Canadians, even most, might be in debt, the people we want to emulate are those who have no debt. What's their secret? Well, odds are, they know a thing or two that we can learn and copy.First, recognize there's good debt and bad debt. If you're a recent grad carrying $25,000 in student loans, you'll be happy to hear that's a good debt. It's considered a good debt because the return on that whopper of an investment should far exceed the money you had to borrow to make it. On the other hand, if it's a $10,000 debt on spring break trips to southern climes and lovely Margaritas, well, try and get your money's worth for those wild weekends, and you'll see what we're talking about. That's a...more
New Debt Settlement Rules - Weighing the Risks of Debt Settlement By: Ansel Fraizer About the Author www.DebtDecreaser.com is a matchmaker in the debt settlement industry. They have paired up thousands of consumers up with debt settlement companies who are most likely to get consumers the best...more
Secrets of Debt Settlement - How to Find a Reputable Debt Settlement Firm Or Program By: Caleb Byron About the Author www.FreeDebtReductionHelp.com is a matchmaker in the debt settlement industry. They have paired up thousands of consumers up with debt settlement companies who are most likely to get consumers the best...more
There are possibly more debts that are going unpaid in our time today more than any other point in our history and the number of individuals that completely ignore the debts that they owe seems to continuously rise higher and higher every single...more
American Debt Settlement Regulations - Why Debt Settlement is Now Cheaper For Consumers By: Caleb Byron About the Author www.FreeDebtReductionHelp.com is a matchmaker in the debt settlement industry. They have paired up thousands...more
The Debt Settlement Option - Now the Most Logical Choice For Consumers in Debt By: Crosby Bartholomew About the Author www.CreditCardDebtFighters.com is a matchmaker in the debt settlement industry. They have paired up thousands...more
Debt Settlement News and Pending Legislation - Understanding Obama's Financial Reforms By: Brigham Baldwin About the Author www.debtconsoladate.com is a matchmaker in the debt settlement industry. They have paired up...more
Fair Debt Collection Practices Act - Who is Really Effected by Financial Reform? By: Arvel Bert About the Author www.erasecreditcarddebts.com is a matchmaker in the debt settlement industry. They have paired up thousands of...more
Fair Debt Collections Practices Act - Will This Make My Debt Easier to Pay Back? By: Blair Alfred About the Author www.debteliminationagency.com is a matchmaker in the debt settlement industry. They have paired up thousands of...more