This year, for the holidays, the team at Ginsberg Gingras has prepared a survival guide for consumers who want to save money but still spoil their loved ones.
In a world where everything is always moving fast and/or where our schedules are overloaded, we often equate summertime vacation time. Whether as a family, as a couple, or solo, during the summertime we often daydream about holiday destinations of all kinds to decompress and rediscover ourselves. Since money may not have been put away over the past year for a vacation, consumers often rely on their credit cards to pay for their trips. (more…)
The consumer proposal allows you to come to an agreement with your creditors to pay back a portion of your debts. As with a bankruptcy, the consumer proposal allows you to stop the collection calls and put a stop on the climbing interest and get out of excessive debt. (more…)
After years of study, entrance into the labour market is sometimes difficult. It is then normal to feel suffocated by our student loans that seem overwhelming. The accumulating interest and the payments that start and add to the other obligations do not allow everyone to pay as we would like our student loan debt. Is bankruptcy an option to clear one’s student loan when one is unable to make the monthly payments? (more…)
Generation Y, better known as millennials, are currently between the ages of 18 and 37 and have more debt than any previous generation. While the millennials’ debt is a result of many factors, such as the ease with which they can obtain credit and loans and the generation’s tendency for overconsumption, we must not overlook their lack of financial education. (more…)