Category Archives: Debt

I’m Working Really Hard, But Not Getting Ahead. Five Misconceptions Keeping You Stuck

By Alison Stafford, CFP® How often have you thought—I could get out of debt and save more for retirement, if only I made more money. It appears to make sense; that more money would be the answer to your financial worries. … Continue reading

Posted in Budgeting and Cash Flow, Debt, Relationship to money

Money Makeover – High Income Couple Out of Debt and Ready for Retirement

By Christine Williston, B.A., CFP®, Money Coach   Meet Melanie and Brian When I met Melanie and Brian (names have been changed for privacy), Brian was 50 years old and Melanie was 42. Both had high power, high paying corporate … Continue reading

Posted in Debt, Money Coaching, Money Makeover, Success Stories

I Make a Good Income, But Can’t Get Out of Debt. What Should I Do Differently?

By Kathryn Mandelcorn, FMA You did all the right things. You went to school and earned a good education. You’ve worked hard and been promoted. You earn upwards of $100,000 a year; yet increasing debt has your stomach in knots. You … Continue reading

Posted in Ask Your Money Coach, Debt

Don’t give-up on retirement yet! Ten ways to get started…

By Steve Bridge, BA (Hons.), FPSC Level 1TM We know it can be daunting to take those first steps in planning for your retirement and it often seems easier to put it off for another day. But the earlier you … Continue reading

Posted in Budgeting and Cash Flow, Debt, Retirement savings

Credit card rewards: perk or pitfall?

By Karen Richardson, FPSC Level 1TM Certificant in Financial Planning Credit cards, when used carefully, can play a positive role in your financial life. Using credit wisely is critical to building a solid credit history. If you need a loan or … Continue reading

Posted in Debt, Money Coaching, Relationship to money

Why are so many high earners in debt?

By Sheila Walkington, Co-founder and CFO Money Coaches Canada How would you react if I told you that many of your friends are in debt? You probably wouldn’t be shocked. You’d probably nod your head in agreement, and say something … Continue reading

Posted in Debt, Money Coaching, Relationship to money

Success Story: Louise – A life changing financial turn-around

All information used with the client’s permission. In 2010, Louise  was a single mom with a teenage daughter and another daughter under age 10. She spent her days working with words, writing sales and advertising copy that garnered her great … Continue reading

Posted in Debt, Money Coaching, Relationship to money, Success Stories

Three habits that may be keeping you in debt and one that can change everything

By Kathryn Mandelcorn, FMA Have you ever dreamed about what you’d do if you won the lottery? It can be fun to imagine sudden wealth and all its possibilities. Many people preface their plans with; first I’d pay off all my … Continue reading

Posted in Debt

Success Story: Robin and James – from knowledge to action

Note: The couple’s names have been changed for privacy. Robin and James were young professionals in their 30’s when they contacted Money Coach Kathryn Mandelcorn. They were frustrated because they made a combined income over $150,000 but they had $45,000 … Continue reading

Posted in Budgeting and Cash Flow, Debt, Money Coaching, Success Stories

Do you have a debt free date?

Credit is seductive. Credit card companies spend millions of dollars to convince you to borrow their money. They have catchy slogans like: It’s everywhere you want to be. (Visa) There are some things money can’t buy. For everything else there’s … Continue reading

Posted in Debt