Tips for managing household debt Canadians have been getting into debt at a red-hot pace. The overheated housing market since the beginning of the year, combined with pandemic-induced credit-card use, lifted the household debt to income ratio to 172.3% in the first...
COVID-19 has caused a significant amount of stress for many Canadians, especially as it relates to their finances. Castlemark Wealth's Robyn K. Thompson offers a four-point plan to get your finances back on track.
Even if you’re saddled with debt, a financial advisor can help you work towards your money goals. Before your first meeting, consider these tips. Robyn is featured in this recent special report in Reader’s...
Four trouble areas, and how a planner can help The Covid-19 pandemic and lockdowns have created plenty of financial stress for individuals and families. Temporary or even permanent income loss has been only partially mitigated by relief programs, such as the Canada...
What’s in it, who can see it, and why it’s important We often hear financial experts advising people to check their “credit score.” It’s a good idea to do that every year. That will give you an idea of what kind of risk lenders think you are. It can also signal if...
Practical strategies for debt relief If there’s any one item that will suck the life right out of your bank account, shred your budget, and seriously damage your long-term savings goals, it’s debt. And the worst kind of debt is credit card debt. With annual rates...