Carrying too much debt can be a problem. It can decrease your credit score, make it difficult to get loans and also eat up too much of your income, preventing you from saving for things like retirement. Here are some ways you can reduce your debt and free up more money in your budget. Consolidate…
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Sometimes, the debts that you have can take over your finances and get out of hand. Although it might seem like you’ll never get your finances above water again, there are debt consultants in Victoria who can help with everything from budgeting to ensuring that you begin to pay off the bills that you have…
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While it might seem far-fetched to you, you can become a multi-millionaire and build wealth. The key is the develop a plan and stick to it. Truthfully, there are many people who are multi-millionaires. However, they don’t flaunt their money like a lot of people do on social media and television. Instead, consider the following…
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Debt is something that we all struggle with. In fact, it is nearly impossible to go through life without getting into debt. However, there is still a lot of misinformation about debt. Myth: You Are Responsible for Your Spouse’s Debt Once You Get Married Fact: Marriage is the merging of two lives into one. That…
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There are millions of people who struggle with stress. Whether it’s from stress on the job or stress within the family, many don’t see a way out. In many cases, stress is due to a financial situation. Tons of people struggle with copious amounts of debt. If you are in this position, it might seem…
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When you make a snowball, you can keep packing on more and more snow to make it bigger. Roll it on the ground and it will be big enough to make a snowman. That’s how you may feel about your debts. They started out small. You could handle them in the beginning. Over time, they…
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It’s all too easy to let debt multiply until there seems like there is no end in sight. Paying minimum payments will get you nowhere. You’ll only tread water. Acquiring more debt will make you feel like you are drowning. If you want to swim your way to financial freedom, you need to find a…
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Getting out of debt is a lot harder than getting into financial troubles. It’s so easy to use those credit cards or apply for that personal loan. You may have started with using credit to get things you really wanted. You did not think about how hard it would be to pay back your creditors…
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When you find yourself facing too much debt, it can feel like it has taken over your life. You are trapped in a vicious cycle of borrowing more money to pay off the loans and creditors you already have. You can’t manage anything more than the minimum payments. Sometimes, you are hit with late fees.…
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Struggling with debt? Fighting to keep your head above water? You’re not alone. The average Canadian has almost twice the debt as they earn each year, according to Statistics Canada, and the situation is only worsening. However, that doesn’t have to be your plight. You can find relief by working with a debt consultant in…
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