MNP 3 Minute Debt Break

Budgétisation des fêtes (Parlons Dettes EN 3 Minutes)

Les Fêtes peuvent être synonymes de festins, de toasts et de joie partagée. Mais soyons réalistes. La pression d’en faire trop pendant la saison des festivités peut vider les portefeuilles, laissant place à une gueule de bois financière qui dure jusqu’à la nouvelle année. La bonne nouvelle ? Vous n’avez pas besoin de casser la tirelire pour vous éclater pendant cette période des Fêtes.

Budgeting During the Holidays (MNP 3 Minute Debt Break)

The Holidays can be all about feasting, toasting, and spreading joy. But let's face it. The pressure to go all out during the festive season can turn wallets inside out, leaving you in a financial hangover that lasts into the new year. The good news? You don't have to break the bank to have a blast this holiday season.

October Debt Index (MNP 3 Minute Debt Break)

From near zero to the highest interest rates in more than two decades, the latest MNP Consumer Debt Index reveals that Canadians’ debt outlook has reached the most pessimistic point since tracking began five years ago.

Comment Savoir si j’ai Trop de Dettes (Parlons Dettes EN 3 Minutes)

"Comment savoir si j'ai trop de dettes?" C'est une question que beaucoup se posent, et la vérité est que ce n'est pas toujours une question de chiffres. Bien que la situation de chacun soit unique, il existe des signes universels qui peuvent indiquer que votre dette atteint un niveau inconfortable.

How Do I Know I Have Too Much Debt (MNP 3 Minute Debt Break)

"How do I know if I have too much debt?" It's a question many wrestle with, and the truth is, it's not always about the numbers. While everyone's situation is unique, there are universal signs that might indicate your debt is reaching an uncomfortable level.

Signs of a Debt Management Scam (MNP 3 Minute Debt Break)

Canada has seen a steady rise in debt settlement companies recently. With enticing promises like "Reduce your debts by 70% without the need for bankruptcy," it's easy to see why many are tempted. But as with all things that seem too good to be true, it’s essential to proceed with caution.

Dépenses excessives (Parlons Dettes EN 3 Minutes)

Le dépassement de budget demeure un facteur significatif entraînant de nombreux Canadiens dans des problèmes financiers. La préférence des cartes de crédit par rapport à l'argent liquide et le manque de planification budgétaire ne font qu'aggraver le problème. Avoir des pratiques financières saines dépend de la maîtrise des habitudes de dépenses, telles que la gestion efficace des dépenses, la réduction des dépenses redondantes et le remboursement des soldes de carte de crédit. Si vous avez du mal à faire face à vos dettes ou à vous en rapprocher à chaque utilisation de votre carte de crédit, envisagez quelques-uns de ces conseils!

Overspending and Managing Money (MNP 3 Minute Debt Break)

Overspending remains a significant factor leading many Canadians into financial troubles. The rise of credit card usage over cash and the lack of budgeting only continues to make the problem worse. Having healthy financial practices depends on controlling spending habits like efficient expense management, reducing redundant expenses, and clearing credit card dues. If you find yourself struggling with debt or edging towards it with every credit card swipe, consider some of these tips!

Insolvency vs Bankruptcy (MNP 3 Minute Debt Break)

While navigating the sometimes turbulent waters of personal finance, two terms might cross your path: 'insolvency' and 'bankruptcy.' The differences between them is important because they play different roles in the financial recovery process.

Why Local Is Important (MNP 3 Minute Debt Break)

Before the unforeseen happened in March 2020, a term like 'virtual insolvency proceeding' was nonexistent. To navigate the process of Bankruptcy or Consumer Proposal, a face-to-face interaction with a Licensed Insolvency Trustee (LIT) was mandatory. But, as with many things, the pandemic compelled the Office of the Superintendent of Bankruptcy (OSB) to pivot.