Author - Ginsberg Gingras

January 2017

How to Repay Holiday Debt

The holidays are a time for celebrating and sharing. However, they are also a time of spending more than planned. Even when you set a gift budget, costs relating to travel, gas, and food can quickly increase the bill. As a result, many people notice their debt has increased after the holidays. If you are concerned about your holiday spending, here are some tips to help you put an end to indebtedness. How to repay your holiday debt quickly Calculate the amount due Before beginning repayment, it is wise to know your total accumulated debt. Your first step should be to list all your bills and calculate the total. Take all the amounts representing debt into consideration. These may include credit cards, lines of [...]

April 2016

How important is it to file your tax return?

How Important Is It To File Your Tax Return?

Some people avoid filing their annual income tax return. Regardless of their reasons, they are exposing themselves to penalties or even fines from the Department of Justice. Here are the reasons why it is important to complete your income tax return and repay your tax liability, if you have any. (more…)

March 2016

6 ways to avoid a car repossession

6 Ways to Avoid Car Repossession

Your car payment was due yesterday and you missed it. You didn’t make last month’s payment either. Maybe you’re having temporary financial difficulties. Maybe you had to deal with an unexpected expense. No matter the reason, now you’re afraid of receiving a visit from a bailiff at any moment. You want to avoid a car repossession at any cost. Here are some tips to help you keep your car. Note: this post was updated on March 26, 2018. (more…)

August 2015

June 2015

Inexpensive vacation ideas to avoid getting into debt.

Inexpensive Vacation Ideas to Avoid Getting Into Debt!

The debt ratio of Canadians stood at 171% in December 2017. That means that, for each dollar earned, Canadian households owe $1.71. This factor will certainly have an impact on numerous families when the time comes to plan their vacations. In fact, a CAA-Québec survey shows that 36% of the Quebeckers who did not go on vacation this past winter based their decision on budgetary grounds. This is an increase of 8 percentage points from the previous survey. Note: This post was updated on May 10, 2018. (more…)

April 2015

Solutions to income tax debt problems

Solutions to Income Tax Debt Problems

Once you have completed your income tax return, you may discover that you owe income tax debt. However the amount due might be such that you cannot really see how you will manage to pay it back. Your own calculations and budget revisions may show that you will be unable to pay the balance owing on or before the deadline. So what can you do? (more…)

November 2014

October 2014