Always try to make at least the minimum monthly payment on every outstanding balance. When deciding which debt to pay off first, consider its type, interest rate, outstanding balance and impact on ...
Carrying debt into retirement can strain your finances—here’s how to strategically pay it down and protect your fixed income.
Make a list of your debt. Generally, you should pay off your higher interest debt like credit cards first. If you’re not paying off your credit cards every month, you should do so if you can switch to ...
I get asked all the time, "how do I decide whether to save money for the future or pay off my debt?" Figuring out the answer doesn't have to be complicated. Here's how to do the math. ‘Not ...
We may be going through a recession soon, but that does not mean your debt is suddenly going to go away. If anything, you’re likely seeing your debt climb higher and higher. This comes from higher ...
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Which Bills to Pay First?

If you don't have enough money to pay all your bills, which should you pay first, and which ones can slide for a while? That's the question frequently showing up in my email inbox these days. The past ...
Despite record levels of household debt, Canadians are prioritizing saving over debt paydown, according to a poll from Mississagua, Ont.-based Edward Jones. The poll found that 77% of Canadians say ...
More Canadians are taking an active role in their retirement planning. For some, it's simply a choice to stay on top of their money. Others are self-employed and need to set up their own retirement ...