How to Donate to Charity on a Tight Budget

Giving to charity is a rewarding experience. Many people enjoy allocating a portion of their earnings to donate to their favorite charities. Others have never been able to afford such donations but would like to contribute in some way...

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How Consumers in Debt are helping our Economy

Despite Canada’s ratio of household debt to disposable income record high of 164.1 per cent in the third quarter of last year, consumers are still driving growth in Canada’s economy, with indicators showing faster inflation led by higher food...

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Is Overdraft Protection Right for You?

If you are a disciplined spender and consistently have a positive balance in your bank account, you may not need overdraft protection. However if you are not, and most Canadians fit into this category, then overdraft protection can provide...

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How do you know if you’re on Debt Row?

Are you on debt row? Are you only making the minimum payments? Do you have more than 10 credit cards? Are your credit cards maxed out? Are you taking from your savings or retirement fund to pay your bills?...

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Canadians have become very comfortable with Debt

A recent survey conducted by Manulife Bank of Canada found that most Canadians feel that mortgages are not included as part of having debt. Nearly 70 per cent of respondents in their 20’s said they could have an outstanding...

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