Category: borrowing money

1 in 3 Canadians Report Being in ‘Bad’ or ‘Terrible’ Financial Shape: Survey

One-in-three Canadians say they are in rough financial shape, and two-in-five are dipping into their savings to get by, according to a recent survey by the Angus Reid Institute. “More than a year into a stubborn and persistent cost-of-living crisis, a considerable number of Canadians have progressed from belt-tightening on spending to drawing on existing…


The Smart Way to Lend Money to Family and Friends

Financial experts will tell you to steer clear of borrowing money from your family and friends. And, for good reason. Even the healthiest and strongest of relationships can buckle under the financial problems this can cause. At the same time, when in financial trouble, there may be no better place to turn their your nearest…