Debt Solutions of Canada

Debt Solutions of Canada Profile and History

Why Debt Solutions of Canada? In 2017, Debt Solutions of Canada was setup to help everyday folks with everyday financial problems. Please use our guides as general financial strategy. We will try to answer as many questions and comments as possible. Please try to understand, that as a non-profit, we may run short on hours, but never short on determination. Some of the most profound changes in your financial situation start with hitting rock bottom. Do the best you can to avoid over extending yourself, and reaching this point. Follow the trends in your spending, are you spending more each month than you bring in? Just like a business, this practice in your real life is not sustainable. Bring down your spending to A) Cover your bills B) Cover life essentials. Do this BEFORE you even look at that next fancy pair of shoes. Another common financial pitfall is thinking that you should be able to buy everything you want. This is simply not possible. Some big purchases make sense, especially if their value is spread across many years Think of that new iPhone, in terms of value, its an item youll use daily for two years. Spending on this is not terrible. However, upgrading your phone every six months is not an ideal practice. This is an example of making the choice between needs and wants. Try to focus on the NEEDS until you get yourself sorted out. If youre in the Hamilton or Burlington area, talk to Phil Romano at the Romano Mortgage Group to get yourself set on the right financial path for your future.