Money Management Blog
Welcome to the Credit Counselling Society's Blog.

Debt Help Blog - Bankruptcy, Budgeting, Credit Counselling & More

Learn all sorts of great ways to manage your money better, solve your debt problems and use your credit more wisely. We also tackle a lot of credit myths and misconceptions. Do you have questions about money management, budgeting or credit? If you need advice or help with your debts email us your questions or chat with us online. We're happy to help.

Choose the Right Debt Consolidation Plan for You

If you’re having trouble juggling multiple debts, you might decide that debt consolidation is a great first step to getting back on track. Debt consolidation comes in many different forms and there are benefits as well as drawbacks to each option. Here are key points to consider when choosing the best debt consolidation option for you.

Looking for Great Deals? Resist the Urge to Buy Impulsively

There's more to getting the best deals than shopping for sale and clearance items. Product discounts, whether they’re presented through in-store events or online bargains, are designed to tempt you into spending an ever-increasing amount of money. Avoid impulse spending by looking out for your budget and bottom line, not a retailer’s.

7 Debt Repayment Mistakes That Are Keeping You In the Red

Does it feel like no matter how hard you work at eliminating your debts, you just can’t seem to get the upper hand? Carrying debt is a common narrative for Canadians across the country. Here’s a look at 7 common debt repayment mistakes that are stopping you from becoming debt-free.

How to Cut Costs for an Emergency Budget

When your income suddenly drops, your spending may have to as well. Many Canadians don’t have an emergency fund to help weather financial storms. Without that, cutting costs is the next option to consider. Here are savings tips for some common budget categories. Every little bit counts and can add up to the saving you need to make it through an emergency.

Weighing the Pros and Cons of 5 Top Strategies to Pay Off Debt

Do you ever wonder about the top strategies to pay off debt? The path to being debt-free requires dedication, persistence – and most importantly careful planning and strategizing to fit with all of life’s circumstances. When you have credit card debt on multiple accounts and owe many creditors, these debts won’t magically go away.

5 Ways to Go Green and Save Money on Earth Day

Today, April 22, is Earth Day. To help promote Earth Day, we thought we would offer some tips on how to go green and save money at the same time. These tips show that going green isn’t just good for the environment, but can also slow the impact to your wallet. Here’s how you can help save the planet and your budget.

How to Lower Fixed Expenses on Your Budget When You’re Paying Off Debt

Setting a budget and trimming down monthly expenses are key priorities for anyone working on paying off debt. While there’s so much emphasis out there on cutting back your discretionary spending to free up cash to apply to debt repayments, how often are you looking at making changes to your fixed expenses too?

How to Stop Relying on Your Credit Cards to Make Ends Meet

Credit cards come with steep interest rates, will add up to a mountain of debt if not managed carefully, and can set you up for a lot of stress when an unexpected emergency hits. Instead of being a slave to your credit cards to make ends meet, here’s how to switch over to better money management strategies to get a handle on your money and debt.

Dealing with Debts as a Homeowner or Renter During the COVID-19 Crisis and Beyond

Owning or renting a home can be a pricey undertaking. How do you manage these costs when you’re also struggling with debt and the economic uncertainty of a pandemic?