Borrowing

worried couple checking bank account online
Good Debt versus Bad Debt
BorrowingSep. 12, 2018

When talking about debt, you may hear people describe certain types of debt as “good debt”...

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College student studying
Re-Paying Student Loan Debt
BorrowingSep. 5, 2018

Once you’ve graduated, it is important to work to pay off your loan in order to build a good credit rating and minimize the interest you will pay on your debt...

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model of a home
What is home equity, and how can I use it?
BorrowingJun. 18, 2018

Home equity is the difference of the market value of your home and the amount of your mortgage...

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Calculating expenses on a calculator
How Consolidating Debt can Save you Money
BorrowingMar. 14, 2018

consolidating your debt into a single loan cuts down on the number of bill payments you are required to make a month...

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Calculating expenses on a calculator
The Cost of Borrowing
BorrowingSep. 20, 2017

It’s common knowledge that it is important to pay off high interest debt, such as credit card debt, but lower interest debt may not be seen as a high priority...

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Woman looking at paperwork
Snowball vs Avalanche: What’s the Best Way to Pay Off Multiple Credit Cards?
BorrowingJun. 27, 2017

When it comes to paying down debt across multiple credit cards, there are two main debt reduction strategies

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Man Paying Bills
Credit Cards And The Cost Of Making Minimum Payments
BorrowingMar. 3, 2017

Paying the minimum payment may seem appealing: you’re meeting your obligations while still having money for other expenses. It does, however, come at a price...

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Man sorting bills
The First Step to Tackling Debt
BorrowingFeb. 10, 2017

If you’re on a mission to get out of debt, it might initially seem like an impossible task. It doesn't have to be that way as long as you remember the first and most important step...

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RRSP vs TFSA - weighing options
Borrowing to Save... Does it Make Sense?
BorrowingSep. 27, 2016

Whether your retirement is five years away or 40 years down the road, contributions to your RRSP can be some of the most important investments you’ll make....

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