Debt Links

If you are like me you are always looking for ideas to make better choices with your money. These links focus on Optimizing and Elminating Debt.

The links provided are for your convenience and for information and education purposes only. The orginating sites are responsible for all content and accuracy of information provided.

Where Has the Money Gone: The State of Canadian Household Debt in a Stumbling Economy

In the winter of 2008, the Certified General Accountants Association of Canada (CGA-Canada) embarked on a second consumer survey on the topic of household debt and consumption in Canada. A similar survey was commissioned by CGA-Canada in the spring of 2007. The purpose of this particular survey seeks to understand the extent to which the economic and financial crisis worsened financial positions of Canadians having already experienced some financial strains. As we have seen, the topic of household debt and consumption is timely, relevant and critical for Canadians to consider. We anticipate that this new report entitled Where Has the Money Gone: The State of Canadian Household Debt in a Stumbling Economy, will be of significant value to the Canadian public. For a PDF of the report click here

Debt Elimination using the Debt Snowball        Dave Ramsey explains how debt stacking or "The Debt Snowball works. Courtesy of David Ramsey.

The Days of Debt - Broadcast Date: Nov. 30, 1995
The economy is on the upswing in 1995, but the financial picture in many individual Canadian households is not so rosy. Canadian have run up a staggering $450 billion in household debt and the average debt per household has doubled in the last 10 years. In this report, CBC-TV's focuses on one family dealing with its burdens and how they are surviving the pressure of their debts... check out the video here at http://archives.cbc.ca/economy_business/banks/clips/16438/

All I can say it the more things change, the more they stay the same!