To own or not to own? Downsizing may not bring on the savings you expect People approaching or in retirement often face a housing dilemma – should you own a detached house or condo/townhouse, or should you rent a house, condo or apartment? Both ownership and renting come with myths and landmines. A traditional benefit […]
Reasons to Avoid Co-Signing a Loan
Why You Should Avoid Co-Signing a Loan It is always a difficult situation when a friend or family member asks you to co-sign a loan. Co-signing a loan means paying a borrower’s debt if he or she defaults on the loan. The reason for the loan may seem quite reasonable, such as to attend school, […]
Becoming Debt Free
Having a positive attitude is paramount when dealing with debts. We at A.C. Waring & Associates know that no matter what the challenges, you must never quit. There is always a solution and a brighter day ahead. Don’t Quit When things go wrong, as they sometimes will, When the road you’re trudging seems all uphill, […]
Ways to Save This Summer in Edmonton
Ways You Can Save This Summer – Family Fun at Low Cost Summer’s finally here! While you are into the summer festivities, now is the time to keep your costs down and save money. Spending very little in the summer can be simple as long as you plan in advance and take a few additional […]
Understanding Your Credit Report, Score & Rating
Credit is a fragile thing that can easily be damaged. Your credit rating can help or hinder your ability to get a loan, get a lease as a tenant or even get hired for a job. Each inquiry made by a lender, landlord or employer can reduce your credit score, so it is best to […]
Lessons from Celebrities: Bankruptcy Can Happen to Anyone
It may sound ironic, but earning millions of dollars or having celebrity status is no guarantee against the risk of indebtedness. Musicians, movie stars, models, athletes, and business executives across different industries have overspent, mortgaged and whittled away millions of dollars. How is it possible for any millionaire to end up spending more than they […]
Protecting Yourself Against Identity Theft and Fraud
(or how not to lose money through others ways than your smartphone) Identity theft and fraud of another person (living or dead) is rampant and growing in Canada. In 2014 alone, the Canadian Anti-Fraud Centre received 40,986 complaints, of which 13,690 were victims losing a total of nearly $69 million, up $4 million from the […]
How Money Personalities Can Create Relationship and Financial Stress
A couple’s relationship is shaped by love and mutual understanding, but handling money is also one of the components the relationship is comprised of. More separations are driven by money problems than any other factor, including conflicts about parenting, sexual relations, time apart, household responsibilities, family and/or friends, irritating habits and unmet expectations. Psychologists say […]
How to Survive Financially when You’ve Lost Your Job
Losing a job can happen to anyone at any time. Job insecurity is more of the norm these days than job security. The resulting stress can be tremendous even in circumstances where the layoff was inevitable or occurred for reasons outside of your control. Job layoffs are usually not a surprise. Managers information, internal notices […]
Starting Your Marriage on the Right Foot Financially
Getting married is a huge commitment emotionally and financially. So having the ‘money talk’ in a serious relationship is a necessary step before any marriage plans. You want it to start out right so you can build a solid future together. You also need to know if your potential partner is wise and truthful about […]
