Tag Archives: debt

Optimism drops as Canadians struggle to save

Canadians have managed to pay down debt in the economic downturn, but the majority feel they aren’t getting ahead financially, according to a bank study that will be released on Thursday. The RBC Consumer Outlook Index, which tracks quarterly economic … Continue reading

Posted in Business, Debt, Globe and Mail | Tagged , , ,

Debt: Be a Recipient of Interest Income, Not a Payer of It

One of the biggest causes of the financial crisis was debt: at personal, corporate and government levels. We all remember the 2008 stock crash and the corporate giants like AIG and Lehman Brothers that crashed and burned because of excess … Continue reading

Posted in Debt | Tagged , ,