Tuesday, July 27

Debt

Business Essentials, Debt, Managing Money, MoneyWise, MWCA

Parents, watch out for a rash of diaper price increases

Breadcrumb Trail Links MoneyWise Business Essentials The rising costs are chafing household budgets. Here's how to avoid a financial mess Author of the article: Publishing date: Jul 06, 2021 • 17 minutes ago • 3 minute read • Join the conversation New Africa / Shutterstock Article content This article was created by MoneyWise. Postmedia and MoneyWise may earn an affiliate commission through links on this page. Advertisement This advertisement has not loaded yet, but your article continues below. Article content For families with young children, this really stinks. Diaper prices are soaring, threatening to wipe away any money parents were able to stash away during COVID. Here, we get to the bottom of the diaper dilemma and help you come up w...
Debt, Debt payoff, DFP, OneUnited Bank, Personal Finance, Personal Finance Insider, pfi, PFI GOBankingRates, PFI Related Content Module, PFI-XAMP, Savings, Tiffany Aliche

A personal finance expert has 2 tips for paying off your debt faster

You may be able to pay off your debt faster than you think, even if you don't have a ton of extra money on hand.Personal finance expert and author Tiffany "The Budgetnista" Aliche spoke at OneUnited OneTransaction, a conference about closing the racial wealth gap, about her best debt payoff tips. She recommended putting all "unexpected money" toward paying off your debts."Unexpected money is any money that you were expecting to spend but did not, or money you were not expecting to receive but did," Aliche said. 1. Money you expected to spend, but didn'tAliche gave the example of buying a $50 item, only to find out when you go to the register that it's half off. Instead of grabb...
Debt, Managing Money, MoneyWise, MWCA

This 2-minute trick takes the stress out of buying life insurance

This article was created by Wise Publishing. Wise is devoted to providing information that helps readers navigate the complex landscape of personal finance. Wise only partners with brands it trusts and believes may be helpful to the reader. Both Wise and Postmedia collect a commission on sales through the links on this page.Life insurance is important no matter how young and healthy you are. But let's be honest: Shopping for insurance is a nightmare.The pushy salespeople, the personal questions, the nagging feeling that you're being taken advantage of — it's not fun.Fortunately, there's a better way. PolicyMe is an online service that will find you the best deal on life insurance in just a few minutes.Best of all, you won't need to haggle with an insurance agent or fill out mountains o...
Debt, Managing Money, MoneyWise, MWCA

Some Canadians are ditching their debt as others drown during the pandemic

This article was created by Wise Publishing. While Postmedia may collect a commission on sales through the links on this page, we are not being paid by the brands mentioned.The pandemic has forced many Canadians to sink deeper into debt than ever before, but it turns out their luckier neighbours have been able to use this time to lighten their debt load.Two new reports show how very different Canadians' experiences have been during the COVID-19 era. The same financial lifelines and incentives that are keeping some afloat are helping others get further ahead."While some are fortunate to continue working from home in their present jobs, others are struggling with financial uncertainty and not knowing whether their job will still be around after the pandemic," says Grant Bazian, president ...
Debt, Personal Finance

Canadians more confident than ever about covering their bills without going into debt

Article contentCanadians' optimism about their finances has rebounded from a record low in the early days of the COVID-19 pandemic, as government support and lower household spending take some pressure off, a new poll finds.The latest MNP Consumer debt Index, which measures attitudes toward debt and to insolvency, found Canadians are feeling more confident than ever about covering their bills for the next 12 months without going further into debt.After reaching a record low in early March at the start of the pandemic, the index has climbed three points to 96.Compared to pre-pandemic levels, significantly more Canadians (43 per cent) rate their current debt situation as excellent.Forty per cent said they are less concerned about their debt and 27% believe their debt is better now than it...