Canadians like to spend more than they make.
New numbers show the income versus debt ratio isn’t rosy for most of us.
Credit Canada Debt Solutions’ Laurie Campbell tells 680 CJOB many people try to ignore it.
“One of the biggest problems that people have is they’re afraid to talk about their financial situation. They don’t know where to turn. They often haven’t talked to their partner or spouse in any great detail, but, those things do need to happen,” suggests Campbell.
She says figure out exactly how much you can afford to put towards debt and then stick it.
Credit Canada Debt Solutions is a not-for-profit organization that helps people deal with financial woes.