Home Economics Newsletter: The financial impact of home equity borrowing, rethinking pandemic subscriptions, and cash hoarding hits 2001 high on stagflation fears
Much of the focus on rising borrowing rates has been on how the added financial burden will affect regular mortgage payments for Canadian homeowners.
Being in debt feels like you’re always a step behind. It doesn’t help that debt is spoken about as something that’s your fault — too much online shopping, or too many pricey pitchers of mimosas at brunch.
For some travelers, all-inclusive hotels conjure up images of flavorless food served under a heat lamp in lush and vibrant destinations where guests never actually leave the resort grounds. Lower-tier liquor flows freely (the good stuff will cost you more), as the few overindulgers put a damper on the trip. That image is changing.
Emergency funds can provide some peace of mind for those handling obstacles big and small that come up in life. They also ensure that you can maintain any progress you're making on financial goals, even if that's just making ends meet and getting paid on time, said Alyssa Davies, author of the new book Financial First Aid: Essential Tools for Confident, Secure Money Management, who lives in Calgary.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}