Control That Credit Card

Pay off last year's credit card debt for goodJanuary 18, 2013

The holidays have come and gone – but are you kicking off the new year with newly-acquired debt? If last year’s spending is still making its mark on your wallet, it may be time to take drastic measures.

We’ve got three great ways to help you get your credit card under control – even if it means putting your plastic on ice.

Pay That Big Holiday Credit Card Bill: 3 Tips

It’s a brand new year – but are those holiday expenses still lingering on your credit card statement?

If you’ve received a bigger-than-expected bill this January, don’t panic – we have ways of minimizing the damage. Check out our tips!

Read Allan’s Blog | Pay That Holiday Credit Card Bill

Your Credit Score: 4 Things You Should Know

Your credit score is key for qualifying for life’s necessities – a car, a mortgage or a credit card. But do you really understand how you’re ranked?

We’ve crunched the credit card numbers for you. Read on to learn more about how your score is tallied, and the steps you can take to improve yours.

Read Diane’s Blog | Your Credit Score

Could You Live Without a Credit Card?

If you’re swamped in debt, it might be time to lock away those credit cards, at least until things are under control.  But when so many of life’s necessities require credit to qualify, giving up the plastic is easier said than done.

Could you get by on cash alone? We’ve got ways to get around the credit card conundrum.

Read Melanie’s Blog | Could You Live Without a Credit Card?

And in this week’s news headlines…

What Your Age Says About Your Savings Habit

Each generation has its own economic challenges. As a result, the way you approach money management or a savings plan may differ, depending on  your age group. Check out our effective savings tips, geared toward your specific generation.

Read Andrew’s Blog | What Yours Age Says About Your Savings Habit

Why CDOR Needs More Transparency

IIROC’s recent investigation into the CDOR rates (the Canadian equivalent to LIBOR) finds a need for more transparent regulations. What does this mean for Canadian borrowers?

Read Rubina’s Blog | Why CDOR Needs More Transparency

GICs: A Good Choice For Today’s Investors?

GICs are a great, straightforward investment option – but with the threat of inflation, and today’s interest rates so low, are they a worthy option? Read on to learn more about your GIC laddering options, and make the most of your money.

Read Sean’s Blog | GICs: A Good Choice?

Q&A With Young and Thrifty

We caught up with Justin Bouchard of Young & Thrifty, the winner of our Best of Finance Frugal Living Blog category, on how finance blogs fill the information gap when it comes to financial literacy.

Read Penelope’s Blog | Q&A With Young & Thrifty

Why Real Estate Shouldn’t Be Your Only Retirement Plan

Currently, many Canadian Baby Boomers rely on real estate to fund their retirement plan – a potentially risky move. Retirement can be funded through a variety of saving vehicles – read on to learn more about the payoff and risks associated with each one.

Read Sean’s Blog | Why Real Estate Shouldn’t Be Your Only Plan

The Poll Results Are In!

Answer and win

What is your biggest financial concern for January?

32.5% of poll respondents said that setting up their savings plan for the new year is the biggest hurdle.

27.7% said that the effects of the holidays are sticking around – on their credit card bills.

22.9% are fretting about making their annual RRSP contribution.

16.9% said that winter proofing their home and car is their biggest expense.

Want in on the winnings? Answer this week’s poll for your chance to score a $25 Tim Horton’s Gift Card!

This week’s question: Do you fear the Blue Monday effect?

Is there a topic you’d like us to cover? We’re all ears! Tell us in a comment below, or visit us on Facebook and Twitter!

Related Topics

Credit Card News / Credit Cards

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