by Prudent Financial Services | Nov 23, 2020 | Covid-19, Financial Counselling, Financial Planning, Interest Rates, Money Saving Tips, Prudent Financial
Online banks in Canada. Which should you go with? If you’re older, you remember very well standing in long lines on a Friday afternoon to cash your paycheque or pay a bill. Those days are long behind us. Today we are all accustomed to the convenience of online...
by Prudent Financial Services | Oct 20, 2020 | Bad Credit Borrowing, Debt Management, Financial Planning, Prudent Financial, Saving Money, Smart Money Club, Tips to Save Money, Winter Budget Planning
People can fall into debt for a variety of reasons, the majority of which are specific to your financial situation. People sometimes fall into debt because of circumstances out of their control and of no fault of their own. Inability to pay bills, student loans,...
by Prudent Financial Services | Sep 30, 2020 | Bad Credit Borrowing, Canadian Consumer Debt, Covid-19, Financial Planning, Getting Out of Debt
In a short span of time, the pandemic has created a “new normal” for Canada and the World. The vast majority of industries have been heavily impacted by the pandemic; especially travel and hospitality. For instance, Airbnb CEO and Cofounder Brian Chesky stated in...
by Prudent Financial Services | Mar 25, 2020 | Canadian Consumer Debt, Consumer Debt, Debt Freedom, Financial Planning, Financial Problems, Getting Out of Debt, Prudent Financial
Recent news reports have indicated a troubling situation for Canadian consumer debt. For the first time ever, Canadians have more than $100 billion in credit card debt, according to TransUnion Canada. Forecasts also predict that the average Canadian’s non-mortgage...
by Prudent Financial Services | Dec 30, 2019 | Credit Rebuilding, Credit Repair in Canada, Financial Planning, Fixing Your Credit, How to Rebuild Credit, Prudent Financial, Rebuilding Credit
The New Year is upon us – do you know what your New Year’s Resolution is yet? Whether you have an idea or not, we’d like to make a suggestion: how about rebuilding credit as your resolution? Many times people resolve to balance their budget, pay down credit cards, or...
by Prudent Financial Services | Dec 4, 2019 | Bank of Canada Interest Rate, Canadian Consumer Debt, Canadian Interest Rate, Credit Card Debt, Credit Rebuilding, Financial Planning, Getting Out of Debt, Holiday Spending, Interest Rates, Mortgage Interest Rate, Prudent Financial
Start Your New Year’s Financial Planning Early! The Bank of Canada interest rate is officially staying at 1.75% for the rest of the year. On December 4, 2019, the Bank of Canada (BOC) announced the interest rate would remain the same for another month. This marks no...
