If you ever watch HGTV Canada, you’ve most likely seen shows like “Til Debt Do Us Part” or Slice channel’s “Princess” – shows that bring in a professional to help people come to their senses and manage their debt.
Everywhere you turn these days, you’ll hear people talking about debt. The economic crisis in the United States and Europe has shone a light on just how volatile markets can be if not managed properly. Now that it’s after the holiday, you’re probably feeling a little pinch in your wallet as well.
Not all news is doom and gloom though. A recent report by Equifax Canada says that Canadians are doing a lot better in paying off credit card debt. It shows that we are taking heed of all the warnings about rising Canadian debt.
That being said, we need to make more of an effort to curb our debt. It was mentioned on the radio that many Canadians have actually made debt reduction a New Year’s resolution. How many succeed remains to be seen, but there are options out there to help you manage your spending and debt. Most solutions will require you to cut back your lifestyle and stop spending so much money! The solution seems logical, but it’s not always attainable.
CENTUM, CENTURY 21's financial arm, helps our customers figure out a blue print to manage their finances and become debt free faster WITHOUT having to cut spending. CENTUM has created a partnership with the SMARTEquity™ Program to help you ultimately pay less interest on your mortgage and other debt.
If you are interested in saving, pick up your phone and call for an appointment. Your initial discussion with me will let me know what is the best course of action for you and who can provide a solution. The other option of course is that you can not call and continue to make hefty interest payments.
Formally educated as an Architect, Jagdeep Singh is Toronto REALTOR™ consulting on both resale real estate and new developments. Powerful Local Focus on Real Estate with a Global Perspective™
This post is for information purposes only. Though effort has been made to ensure the accuracy of the contents, the reader is advised to verify the information independently. This post may contain contain information that is privileged, confidential and exempt from disclosure under applicable law. The reader is not allowed to reproduce it in any medium without the author’s prior written permission.Jagdeep Singh is a broker with Century 21 Heritage Group Ltd., brokerage (416) 798-7133 which is independently owned and operated. This message is not intended to solicit parties currently under contract.