MNP Debt Blog

This article will look at how often you can declare Bankruptcy, how it will affect your financial situation, and what other options you may have to address your unmanageable debt.

The new year has just started, and you can still regain control of your finances if you plan your income and expenses using a budget.

Parents and educators have a responsibility to ensure our young people understand the consequences of overspending and develop the life skills to budget. But it may be a difficult conversation to have, especially if you are struggling with debts of your...

The MNP Consumer Debt Index for January 2023 is in… and the Index has plunged 15 points from last quarter and is now at an all-time low. The unprecedented quarterly decline underscores the anxiety Canadians feel about their debt situation amid...

Debt by itself can be a scary thing. Coupled with divorce, it can seem over whelming. Financial issues are a leading contributor to marital breakdown, and it can often be difficult to be on the same page when it comes to settling loans, credit cards and...

Inflation, interest rate hikes, gas prices, groceries… oh my. The headlines and news articles bring a constant barrage of reporting on the financial pressures impacting all Canadians. Everyday costs are rising, and unless you’re one of the...

Tackling the sources of your financial stress is essential for the sake of your mental, physical and financial well-being.

Change can be difficult, however, and most of us will have given up on reaching our resolutions by the time February rolls around. How do you make a realistic goal and what steps should you take to achieve it?

Your debt is overwhelming, and you can no longer hide from it. But you’re still unsure as to when to seek the help of a professional. Here’s what you need to know.