Could you pay your mortgage after a job loss? A recent survey found 4 in 10 Canadians won’t be able to. Here’s how to protect your ability to pay in a worst-case scenario.
This has been an especially costly year due to natural disasters, and the recent polar vortexes mean Canadians should remain prepared. It can be tempting to turn to credit to cover surprise costs during emergencies like the ice storm, but are you better off dipping into savings?
It may be normal to fret over making ends meet, but if your financial anxiety is disrupting your life, it may be time to find help. Reaching out to a financial advisor, and creating a plan to get things back on track, can restore your peace of mind.