The rule itself is simple. Split your income into ratios: 50 per cent on your essentials, meaning rent, bills, and everyday ...

By increasing your payment, you can significantly reduce the time it takes to pay off your debt and the total interest you'll pay. For example, if you have a $5,000 balance on a card with an 18% ...

However, a debt consolidation loan rate that's higher than 10% could still make sense if it's lower than the average rate you're paying on your debts. Find out more about your top debt relief ...

Debt truly is the worst four-letter word in the financial world. Once you get into debt, it can constantly hang over your life, causing constant anxiety. But debt doesn't have to dominate your life.

Before the global economic downturn, Canada's combined federal and provincial debt was $778-billion. It is now more than $1-trillion. When interest rates start rising again, paying it off won't be ...