Do you still have those dreams where you’re in school and you’ve missed or made a huge mistake on an important test. Sorry to make you anxious, but you’re actually still being tested, possibly without you realizing it. Every time you borrow money, use your credit card or pay a bill, you’re being evaluated by Canada’s financial system. Your grade is your credit score.
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The countries richest CEOs earn 189 times what the average Canadian does. According to the Canadian Centre for Policy Alternatives the average annual salary in this group is $8.38 million. By the time you read this, Canada’s top-100 earners have been paid in two weeks what it will take most of us 10 years to make. “The gap between Canada’s CEO elite 100 and the rest of us is growing at a fast and steady pace, with no signs of letting up,” says economist Hugh Mackenzie, who authored the report.
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After a long night of holiday fun, we often end up with a hangover the next morning. And after a long season of spending and indulging, we often develop a hangover of a different kind. This one shows up on your credit card bill and hurts, but in a different way. You really don’t want that debt following you deep into 2012. You have things you want to do this year, and one of them is not stressing over money. Here’s some suggestions for getting rid of your holiday debt as fast as possible.
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Millions of people commit to getting in shape for their New Year’s Resolution, but RateSupermarket.ca is challenging Canadians to get financially fit as well. Canada’s rate comparison website for personal finance products urges consumers to tackle their personal debt and grow their savings in 2012.
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With the holiday season in full swing, and more and more consumers pulling out plastic to fund their celebrations, RateSupermarket.ca has created their five top credit card tips to help Canadians save money before, during and after the holidays.
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