College life is exciting because it gives you freedom. It’s usually the first step towards financial freedom and independence. Yet, if you’re not careful, you can end up broke before the semester ends. Sometimes it’s your fault, and other times it’s not, either way, you should be responsible for every cent that you receive. Below… Continue reading Essential Money Lessons Every College Student Needs to Learn
Tag: debt
When Should I Start Considering Bankruptcy?
You know that it’s best to stay out of debt, but sometimes that just isn’t possible. No matter what caused your debt, it can be incredibly stressful to deal with, especially if it keeps piling up. When it gets incredibly severe, you may start to consider filing for bankruptcy. But this is not a get… Continue reading When Should I Start Considering Bankruptcy?
Can I Get A Mortgage If I’m Self-Employed?
Historically, sole proprietors and self-employed individuals with a good credit score were approved mortgages from banks, however regulation has changed things for the 2.75 million self-employed Canadians. A credit score of 680 was enough to apply for a mortgage, and given that those who are self-employed have a higher median net worth than their peers who… Continue reading Can I Get A Mortgage If I’m Self-Employed?