MNP 3 Minute Debt Break

Budget pour L'Inflation (Parlons Dettes EN 3 Minutes)

Le coût des produits de consommation courante est en hausse depuis quelques années, ce qui entraîne une augmentation du prix de la nourriture, de l'essence, des vêtements et d'autres produits essentiels dont les Canadiens ont besoin. Selon le calculateur d'inflation de la Banque du Canada, les coûts ont augmenté de 15 % entre 2020 et 2023.

How To Budget For Inflation (MNP 3 Minute Debt Break)

The cost of daily goods has been rising over the past few years, increasing the price of food, gas, clothing, and other essential items Canadians need. According to the Bank of Canada’s Inflation Calculator, costs have increased by 15 percent from 2020 to 2023. This means an item that used to be $1.00 now costs $1.15. If your income hasn’t increased by 15 percent in the same period, you might be feeling the pinch of inflation on your budget. Now might be a good time to revisit your budget to ensure your monthly income covers your expenses.

Remords de l'acheteur (Parlons Dettes EN 3 Minutes)

Nous avons tous été dans cette situation. Vous utilisez votre carte de crédit ou signez sur la ligne pointillée pour un achat que vous avez tant désiré. Cependant, après quelques instants, jours, voire même une semaine, un sentiment de malaise s'installe. Peut-être que l'achat ne correspond pas tout à fait à vos attentes, que le budget n'est pas aussi flexible que prévu, ou que vous estimez que l'argent aurait pu être dépensé de manière plus judicieuse ailleurs.

Buyers Remorse (MNP 3 Minute Debt Break)

We've all been there. You swipe your credit card or sign on the dotted line for a purchase you've been dreaming about. But then, a minute, a day, or even a week later, that sinking feeling sets in. Maybe the purchase isn't quite what you expected, the budget doesn't stretch that far, or you think the money could have been better spent elsewhere.

April Debt Index (MNP 3 Minute Debt Break)

The latest MNP Consumer Debt Index has rebounded significantly to 91 points — an eight-point jump since last quarter after a full year of low scores.

What Are The Signs Of Good Financial Health (MNP 3 Minute Debt Break)

Managing personal finances in Canada's current economic landscape is a discussion most households are having. With high levels of household debt, soaring inflation, and climbing interest rates, understanding and navigating personal finance has become crucial for individuals and families alike.

The CRA Assessed Me Whats Next (MNP 3 Minute Debt Break)

Imagine receiving a call with the message, "This is the Canada Revenue Agency calling. We assessed your tax return that you didn’t file, and you have a significant balance owing." Does this scenario seem all too familiar? It's a situation many Canadians find themselves in, often due to oversight or confusion regarding tax obligations.

L’ARC m’a évalué (Parlons Dettes EN 3 Minutes)

Imaginez recevoir un appel avec le message, « Nous sommes l’Agence du revenu du Canada. Nous avons évalué votre déclaration de revenus que vous n’avez pas produite, et vous avez un solde important à payer ». Ce scénario semble-t-il trop familier ? C’est une situation dans laquelle se retrouvent souvent de nombreux Canadiens, souvent en raison d’un oubli ou d’une confusion concernant leurs obligations fiscales.

What If I Owe the CRA a Lot of Money (MNP 3 Minute Debt Break)

Owing the government money can be VERY intimidating. It’s a topic that resonates with many Canadians. How to deal with debt owed to the Canada Revenue Agency, especially given the CRA's broad powers to collect what's owed. We’ll dive into what those powers entail, how you can navigate the situation, and what options are available if you find yourself overwhelmed.

Is There a Statute of Limitations On My Debt (MNP 3 Minute Debt Break)

Each province in Canada has its unique statute of limitations governing how long a creditor has to take legal action against you for debt collection. Taking Alberta as an example, under the Limitations Act, a creditor has two key time frames to initiate legal proceedings: within two years from when they first became aware of the debt or ten years after the claim arose, depending on which period ends first.