Category: car payment

Some Young Canadians Are Downsizing Their Homes to Cut Back on Their Expenses

Last month, Chelsea Hunt and her husband concluded that the cost of living had skyrocketed to a point where they could no longer afford to stay in their apartment and needed to move. “We were living paycheque to paycheque,” the 26-year-old said. “We were having to borrow money from one of our parents at different…


The Average Car Payment Is as Much as a Mortgage—How to Afford Your Next Vehicle

By Evan Moore From Charlotteobserver.com Most Americans depend on cars to get around, but recent data shows purchasing a new vehicle may now be out of reach for average earners. The average price of a new car sold in May was $47,148, a $472 increase from the previous month, according to Kelley Blue Book. This coincided…