Welcome to My Online Home
My philosophy is simple: “Your credit rating is not a reflection of your personal worth, it is merely a credit industry tool”.
I am an Insolvency Counsellor in Canada who helps those worried about debt and credit regain their financial independence and experience debt relief. I started my own company Solutions Credit Counselling Service in 1999 because I felt there was a clear void in the industry for honesty and integrity in offering 100% confidential and unbiased credit counselling, debt consolidation and credit education services.
Budgeting and Taxes Part 2
Written by Margaret Johnson Thursday, 28 February 2013 11:02
There is a little more to budgeting than good financial advice. You need to have the money. The recent Conference Board of
Of course our consumer debt levels have risen from $100 billion in 1990 to over $500 billion today. Not only has poverty been increasing, it holds hands with an increasing dependency upon credit.
Happy Valentine’s Day
Written by Margaret Johnson Thursday, 14 February 2013 08:00
Valentine’s day is another one of those occasions during the year that lack detailed planning. I have never seen Valentine’s Day identified as a separate expenditure on a family budget. It’s a bit like birthdays. We wait until the event arrives and make a quick decision.
Sometimes this shrug of the shoulders at the last minute ends in the deep end of the red ink well. Roses tend to top the list as the mainstay gift or love token as retailers propel the price for this one day frenzy up to the highest regions of the stratosphere. How many times do you see people scramble frantically into the grocery stores or florist shops from 4:30pm to 6pm ready to pay any price for the roses?
Written by Margaret Johnson Tuesday, 12 February 2013 14:54
Today, the TD bank cast a dark shadowy prediction for the future. Jobless youth will cost the Canadian economy $23 billion over the next two decades.
Martin Schwerdtfeger, an economist, reported in the Vancouver Sun that the loss of tens of thousands of youth jobs after the 2008-09 financial crisis will impact the Canadian economy for up to two decades.
This obstacle for the young stands on top of the shoulders of a mountain of student loan debt necessary for many to finance post secondary education, which may not help secure a well-paying job. The crunch – they need the education to get a job interview.