Tag: money

Canada’s Personal Debt Crisis

Speaking at the Chamber of Commerce in Yellowknife, Stephen Poloz, Governor of the Bank of Canada stated it succinctly, Canadian household debt has surpassed $2 trillion. That’s more than $54,000 per person. This is Canada’s Personal Debt Crisis. $2 trillion can be difficult to fathom. It is often broken down and described in terms easier […]

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5.9 Student Loans: Repayment Income based

the third option is income based repayment under this plan your maximum monthly payments will be 15 percent discretionary income monthly payment then increases or decreases with your income levels for maximum repayment time of twenty-five years this loan requires you to have partial financial hardship and again will lower your monthly payments but will […]

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Credit Union Benefits

Hello, and welcome to Your Money 2.0. I’m Thomas Fox, Community Outreach Director at Cambridge Credit Counseling. In our last episode we discussed the overall benefits of using a credit union versus a bank. If you recall, credit unions are founded on the Seven Cooperative Principles philosophy. These principles, which include open membership, democratic control, […]

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Personal Investment & Loan Tips : Signature Loan Tips

This is Financial Adviser, Patrick Munro, talking about signature loans. Signature loans are a great opportunity for someone to work with a financial institution that believes in them. The reason they believe in them is because they’ve got great credit; that they have demonstrated themselves to the financial institution that they’re a good credit risk, […]

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Best Credit Cards of 2018

Hey I’m Adam Jusko from ProudMoney.com and in this video I am looking at the best credit cards on the market today in 2018, We’re gonna look at credit cards in a few different categories, not going to go into massive amounts of detail, just gonna tell you what some of these cards are, some […]

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How To Curb Your Spending

– So, when you think through, “Okay, I’m going to be spending some money,” there are really a few filters as you think through. Like, why do we spend? Why do we spend money? Well, number one, we spend money because it’s necessary. We have to spend money on things like food, shelter, utilities, transportation. […]

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Money Monday: Warning about tax loans

UP? ♪♪>>Rod: GOOD MONDAY MORNING! WE START THE WEEK OFF WITH A PET PEEVE. I WA WATCHING TELEVISION AND SAW A COMMERCIAL WHERE YOU GET YOUR TAXES DOWN AND THEY GIVE YOU A LOAN AGAINST YOUR REFUND. THAT’S A BAD, REALLY BAD IDEA! IT’S LIKE A PAYDAY LOAN. THERE ARE HIGH COSTS AND HIDDEN FEES. […]

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Cooperative Teacher’s Credit Union talks teen money accounts

Anchor: WELCOME BACK TO “EAST TEXAS LIVE” ON KETK. MATT HORTON IS FROM COOPERATIVE TEACHERS CREDIT UNION HERE TO TALK MONEY, YOUR KIDS CLUB AND TEEN ACCOUNTS. WHAT ARE THOSE? WHEN WE GET OLDER WE HAVE TO DEAL WITH MONEY. TO MANAGE THEIR MONEY BETTER SO WHEN THEY GROW UP THEY DON’T ENTER SOME OF […]

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How to Get Out of Credit Card Debt: Other Options (Debt Management 3/4)

Meet Tom. Tom is a few years out college with a great job and a lot credit card debt. Tom just watched our first video, “How to Get Out of Credit Card Debt – Part 1”, so he understands that balance transfer credit cards are a good debt management solution. Unfortunately, he just can’t qualify […]

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