MNP Debt Blog

As a father, there are several financial lessons I hope I’ve passed along to my children. These are valuable bits of wisdom I’ve learned from my parents, personal experience and through my work as an accountant and Licensed Insolvency Trustee.

Your wedding will only last one day, but your marriage is for the rest of your life.

It’s a deceptively murky question without a straightforward answer.

The goal of living debt free is certainly an admirable one and something we support wholeheartedly.

Many Canadians enter marriage with a sizable debt burden from both parties. As the most heavily indebted country in the world by some measures, that doesn’t come as much of a surprise.

Beginning in January 2018, the Office of the Superintendent of Financial Institutions (OSFI) has prescribed new mortgage rules for Canadian homebuyers.

Rich, poor or somewhere in between, financial wellbeing is an integral part of everyone’s mental health.

Imagine you are pulling into your driveway with your older but reliable car. It’s served you well without the slightest hint of trouble. You’ve never thought of replacing it.

When most people encounter financial problems, the first thing that usually goes through their head is they don’t make enough money.

If you were to make a list of things you enjoy doing in your free time, it’s safe to assume budgeting likely wouldn’t rank in your top 10.