Archive for January 2020
How Debt Affects Mental Health
It’s Bell Let’s Talk Day – a day that creates awareness around mental health initiatives. This topic is so important, particularly when it comes to finances, as money problems and mental health are often interconnected. Debt frequently triggers stress, which can reduce resilience against mental health problems. And on the other side of the coin,…
Read MoreBank of Canada Interest Rate Staying the Same for January 2020: Here’s How to Save Money From It
The Bank of Canada (BOC) interest rate is staying the same for January 2020. It’s the 10th time in a row this has happened — the interest rate has stayed at 1.75% since October of 2018. But the January 2020 BOC announcement pointed to an interesting trend – Canadians appear to be spending less and…
Read MoreThe Best Approach to Payday Loans – Consolidate and Never Look Back!
Q: What’s the best approach to payday loans? A: Consolidate them and never look back! Payday loans often seem like a good idea at first. If you need cash fast, they meet that immediate need. But the long-term consequences are not nearly as effective… When you go to a payday lender, you can quickly borrow…
Read MoreMore Financial Solutions Than Ever to Serve You!
Happy New Year! We are thrilled to be entering 2020. The Prudent Financial Services team wants to make this the best year yet for you and your family. That’s why we’re so thrilled to be offering more financial solutions than ever to serve you. Our financial solutions include: Personal loans in Toronto and the GTA…
Read More