David Gowling, LIT

Helping consumers conquer their debt and make their payday work for them not their #debt

[National Post @nationalpost]

Bank of Canada hikes interest rate to 5%, warning inflation could linger https://t.co/CFlS9Q0egf

[MNP 310-DEBT @MNPdebt]

A few sneaky inefficiencies around the house could be costing anywhere from $1,000 - $10,000 every year. It’s time to break out the financial magnifying glass to see if any of these inefficiencies are artificially driving up the cost of living. #DefeatDebt https://t.co/UBXIGgOSIz

[MNP 310-DEBT @MNPdebt]

Financial stress affects Canadians of all income levels and ages, and nearly half of working Canadians admit that stress related to personal finance has had an impact on their job performance. But it doesn’t have to be that way. #ChineseNewYear #DefeatDebt https://t.co/0ouxW4psDF

[MNP 310-DEBT @MNPdebt]

MNP released its quarterly Consumer Debt Index on Monday, showing large spikes in concern over personal debt levels and the effects of interest rate hikes. In many cases, the concern in Alberta exceeded the national level. #MNPcdi #DefeatDebt https://t.co/GIQnJ7vXXX

[MNP 310-DEBT @MNPdebt]

Canadians’ anxiety over their debt situation has significantly intensified amid rising interest rates hikes, persistent inflation, and heightened affordability concerns, according to a new survey by MNP LTD. #MNPcdi #DefeatDebt https://t.co/zwD3KarwBU

[MNP 310-DEBT @MNPdebt]

If you’re struggling with unmanageable debt and worry you’ll never break the cycle of living from one bill to another, a Consumer Proposal may help you get the financial fresh start you deserve. #ConsumerProposal101 #DefeatDebt https://t.co/CP2tz4gW2a

[David Gowling, LIT @drdebtca]

A sign of the times that credit is being used more and more to make ends meet. If credit use high now what will happen with the holiday season? #defeatdebt.

[Yahoo Finance Canada @YahooFinanceCA]

Canadians charged an average of $2,447 per month, a 17.3% increase from Q3 2021 and a 21.8% rise from the pre-pandemic level in Q3 2019, says Equifax Canada

From @m_zadikian

https://t.co/gvAHGzr22B

[MNP 310-DEBT @MNPdebt]

The pressure to celebrate the season can easily send your finances into the red for months. There are plenty of ways to enjoy the season without blowing your budget and making the new year financially difficult. #DefeatDebt #MNPDebtBreakPodcast https://t.co/VYOFQE5bmq

[MNP 310-DEBT @MNPdebt]

Interest rates continue to rise - how will you keep up? #DefeatDebt @drdebtca https://t.co/bWoMmIvjWj

[Donna Carson @Donna_Carson10]

Financial Tip for Today.....as part of our recognition of Financial Literacy Month in Canada

How Do You Budget for Irregular Income?

It can be tough to budget these days. Let alone trying to plan for it with irregular income.

What do…https://t.co/rITotxZdVe

[MNP 310-DEBT @MNPdebt]

Owing the government money can be very intimidating The CRA does have the ability to take collection measures without having to go through the court system, but there are ways to avoid these actions in the first place. #DefeatDebt #FinancialLiteracyMonth https://t.co/pouew3bWGW

[ISED @ISED_CA]

Is your #debt getting out of control? During #FinancialLiteracyMonth, learn how the Office of the Superintendent of Bankruptcy can help. Check out our Debt Solutions Portal for advice on what to do: https://t.co/2fK0Dyng9a
#FLM2022

[MNP 310-DEBT @MNPdebt]

According to the latest MNP Consumer Debt Index, which is conducted quarterly by Ipsos, more Canadians say life’s necessities are becoming less affordable as the cost of living continues to soar. #MNPcdi #DefeatDebt https://t.co/w7gDROTb9a

[Donna Carson @Donna_Carson10]

Financial Tip for Today.....as part of our recognition of Financial Literacy Month in Canada

Convenience Costs Money

It may sound simple, but most times...quick & easy will generally be more expensive. We forget that the con…https://t.co/HDTxkn9BTs

[MNP 310-DEBT @MNPdebt]

Household overspending is one of the most common causes of financial insolvency. Unfortunately, it’s also one of the easiest to overlook. Here are three signs you’re overspending — and how to stop it for good. #DefeatDebt #FinancialLiteracyMonth https://t.co/prILlySJPN

[MNP 310-DEBT @MNPdebt]

There’s a common misconception that only people who are careless or can’t control their spending are living beyond their means. However, these are far from the only — or even the most common — reasons people overspend. #DefeatDebt #FinancialLiteracyMonth https://t.co/mJdfjdBAwL

[MNP 310-DEBT @MNPdebt]

Warning signs of financial trouble are everywhere, if you know where to look. Knowing what they are and how to recognize them can be the difference between recovering, or being trapped in a months or years-long battle with debt. #FinancialLiteracyMonth https://t.co/U52xCJ82g5

[MNP 310-DEBT @MNPdebt]

A checklist is often the simplest way to figure out what you have and what you still need. The MNP Debt Scale is a free checklist for you to assess your financial wellness and discover what’s missing. #DefeatDebt #NationalChecklistDay https://t.co/LgWxEJp5Nz

[Globalnews.ca @globalnews]

Rising interest rates "can snowball" and make debt harder to control, one expert says. https://t.co/ppEQIPp6Q3

[MNP 310-DEBT @MNPdebt]

“Our history over the last 3 years is also part of how we’re feeling today. So we’re nervous. We’re concerned. You know, COVID is not totally gone. I think just all of it adds up into one uncertain situation.” #InterestRates #DefeatDebt @DonnaCarsonCIRP https://t.co/SuvHAfh2V7