Financial Library

Many consumers find themselves falling into the traps offered by the appeal of easy credit opportunities. They are dazzled by payment plans for tech purchases, zero-percent loans on major purchases, credit card-funded vacations to faraway locations, and blowout sales that tout incredibly long delays before any payments are due. Before long, the spending spree turns from satisfaction into the need for a second mortgage to consolidate and manage the debt load.

Our last newsletter had to be finalized before May 2nd which meant that we weren’t able to comment on the devastating fires that have ravaged our northern communities. Our hearts sank watching the damage take place and the mass exodus that followed. It was a feeling much like what we experienced during the Alberta Floods of 2013. While we don’t have clients who live right in Fort McMurray, we do have many who work up in that area and who were certainly affected by the fire.