Have credit card debt? Raid that savings account
The solution is simple when interest rates are higher on your debt than your savings account.
Line of Credit
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
How a young couple can kill $142,000 in debt and start investing
After a work injury strikes, are they on track?
When using RRSP money for debt is a bad idea
You may have to withdraw twice the amount you owe
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How much total ‘credit’ should a couple have?
Is access to $50,000 enough for emergencies?
Canadians are borrowing their way to ‘wealth’
And increasingly they are tapping family and friends for funds
Home equity lines of credit push Canadians into debt
Regulators warn not to use your home as an ATM
Debt horror stories are ‘the new normal’ in Canada
Disturbing financial situations are no longer the extreme
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Building a better life
Three kids, no income and one of the parents is in school. Can the Flanagans buy a house?