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Household Debt in Canada

Prairie Eco-Thrifter

Household debt is at an all-time high. In the current economic climate, household debt has been steadily rising, with no signs of stopping. Statistics Canada has a lot of great detailed information on the current state of household debt in our country, but it can all seem like a lot to take in.

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What Is National Financial Literacy Month?

Prairie Eco-Thrifter

Household debt stood at $13,200,000,000,000 at the end of the third quarter of 2010 (according to a 2011 ‘‘Flow of Funds’’ report by the Board of Governors of the Federal Reserve System). A greater understanding of, and familiarity with, financial markets and institutions will lead to increased economic activity and growth.

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Stay the Course Financially

Prairie Eco-Thrifter

’ While there is some macro economic sense in consumer spending causing an impact on the country’s growth, it doesn’t necessarily play well at the individual consumer finance level. The Bureau of Labor Statistics does a survey multiple times a year, called the Consumer Expenditure Survey. percent in 2009, the U.S.

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Alternatives to College

Prairie Eco-Thrifter

We all have been taught that a college degree is the path to the good life, but is it still – when students are emerging with heavy debt and little chance of a lucrative job? But, at least I graduated without debt. My son won his 4 year degree in Economics and then was able to get a job as a security guard at a retail store!

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