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Line of Credit

Ask MoneySense

Sharing your spouse’s debt might be unwise

How merging family debt in a second mortgage raises risks

Sharing your spouse’s debt might be unwise

Ask MoneySense

Have credit card debt? Raid that savings account

The solution is simple when interest rates are higher on your debt than your savings account.

Have credit card debt? Raid that savings account

Ask a Planner

Should I raid my RRSP to pay off my line of credit?

It's tempting to cash out RRSPs but watch out for the tax bite

Should I raid my RRSP to pay off my line of credit?

Debt

How a young couple can kill $142,000 in debt and start investing

After a work injury strikes, are they on track?

How a young couple can kill $142,000 in debt and start investing

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rrsp withdrawals

Ask a Planner

When using RRSP money for debt is a bad idea

You may have to withdraw twice the amount you owe

When using RRSP money for debt is a bad idea

Ask MoneySense

How much total ‘credit’ should a couple have?

Is access to $50,000 enough for emergencies?

How much total ‘credit’ should a couple have?

Banking

Canadians are borrowing their way to ‘wealth’

And increasingly they are tapping family and friends for funds

Canadians are borrowing their way to ‘wealth’

Banking

Home equity lines of credit push Canadians into debt

Regulators warn not to use your home as an ATM

Home equity lines of credit push Canadians into debt

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Budgeting

Debt horror stories are ‘the new normal’ in Canada

Disturbing financial situations are no longer the extreme

Debt horror stories are ‘the new normal’ in Canada

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