One of the top New Year’s resolutions is to get out of debt – especially with consumer credit at all-time highs, and record low borrowing rates poised to rise in the new year. The good news? It’s never too late to turn your finances around – and what better time than the dawn of a new year to get started down the path to financial security?
In celebration of Financial Literacy Month, RateSupermarket.ca offers their top tips for controlling your credit card, and paying down your balance.
Young Canadians are increasingly worried over their finances with a full 90% reporting they experience stress over the current state of the Canadian economy. A recent survey from Sun Life Financial also finds that unemployment or underemployment are key factors behind these anxiety levels.