The government of Ontario, and many other jurisdictions, are looking for ways to better regulate and control payday loans. Even Google has weighed into the fray by banning ads from payday lenders. Yet, most critics focus on the high costs associated with these loans and the short term nature of repayment. The payday loan industry claims […]
Have you put off saving for retirement? Find out how you can get back on track with today's podcast. My guest, David Trahair discusses his new book, The Procrastinator's Guide to Retirement: How You Can Retire in 10 Years or Less, and shares tips on how to prepare for your retirement.
Listen to the podcast: Planning for Retirement? Pay off Debt and Start Practicing Today we're going to talk about retirement and more specifically is it possible to retire in the future if you have debt today. My guest today is David Trahair, who was my guest way back on show 25, back in February 2015 […]
Have house prices in Canada risen too high? Is the Canadian housing bubble about to burst? My guest, Hillard Macbeth, believes it will and it is only a matter of time before it does burst. Listen to the podcast to find out more about the Canadian housing bubble.
Listen to the podcast: Is the Canadian Housing Bubble about to Burst? Is real estate in Canada in a bubble? Has it gotten so high that it's due for a crash? My guest today thinks so and we've got lots to talk about. So, let's get started. Who are you, what do you do and what's […]
What would you do if you received an unexpected windfall of $10,000? Would you pay off debt or invest it? On this week's podcast, Doug explores the pros and cons of investing vs paying off debt with personal finance blogger Sean Cooper and Ted Michalos, partner and co-founder of Hoyes, Michalos, and Associates.
Listen to the podcast: Should You Pay Off Debt or Invest? To start today's show I want to ask you a question. Let's call it a thought experiment. Let's assume that you have some debt, it might be credit cards or a bank loan or a mortgage on your house. Now let's assume that you […]
A popular question on our Facebook is what happens when you stop paying your debts? On today's show, I sit down with Ted to discuss the consequences of defaulting on your loans and payments, and offer a solution better than walking away from your debts.
Listen to the podcast: What Happens If You Stop Paying Your Debts? It's the last show of the month, and as we do at the end of most months it's time for our frequently asked questions show here on Debt Free in 30. On most frequently asked questions shows we've got a list of five […]
Has carrying debt become riskier? Maybe - the Office of the Superintendent Bankruptcy released their 2015 Annual Report today, detailing the number of insolvencies in each province. All provinces, with the exception of Ontario, experienced an increase. Canadian insolvencies by province are provided in a table at the end of this post. Click here for Ontario […]