According to Wikipedia (the source of all my knowledge), it will take the average Canadian student 10 years after graduation to pay of his/her student loans.
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Access your credit score, credit monitoring and other great tools for free. Check out the full list of features in my Credit Sesame review.
A credit card is often described as a frightening or dangerous financial solution with nothing but negative effects on a consumer’s life. While credit cards do have a lot of negative connotations and risks, there are benefits to using a credit card. The trick, of course, is to use credit cards responsibly.
Want to start chipping away at your debt? Then the best thing you can do is take action. Even if you don’t have a perfect plan, doing something is going to be much more productive than not taking any action at all!
Debt is awful. (That’s the understatement of the century!) I mean, I have 6 figures of my own debt that I’d love to see disappear. It would be so amazing for me to just win the lottery or get some gigantic inheritance from a long lost uncle. I swear I’d use it all responsibly and pay off my debt first before going out to eat sushi every night.
Many people wonder whether having multiple credit cads will boost their score, or if having a single card is best. I am a huge proponent of having a single card that you rarely use, but let’s have a look at the topic from both sides.
Your credit is becoming one of the most important items that others use to judge you when making decisions about your reliability. Even some employers are interested in your credit.
Hello friends! Welcome back to another edition of Ask the Reader! As you all know by now (since I can’t seem to stop talking about it!) - I recently got out of credit card debt.
I received my first credit card when I was 18 years old and since then I have always carried a balance. I am now 30 years old. At my highest point, I was owing over $12,000 on 2 cards at an interest rate of 11.99% and 12.99% respectively. You do the math.
Whether in debt or in life, the lies we believe play a crucial part in whether or not we succeed at the goals we set. The mind is a dangerous thing, as the saying goes. It can be our best friend, or our worst enemy, when it comes to pursuing financial independence as we work our way out of debt and into wealth. Of course this message applies to other goals too, whether they be health related, career related, relationship related or whatever other goals we hope to achieve.