Our solutions to become debt-free
Budget management
Having a balanced budget and strictly monitoring it should normally help limit the chances of having debt-related problems. A simple and efficient On-line budget tool is designed to help you develop and track your budget.
If a debt problem still occurs, the first thing to consider is reducing your expenses in order to prevent the situation from worsening. It is important to react very quickly if warning signs appear (see section Warning signs).
These adjustments may solve a particular problem such as facing an unexpected major expense. In other situations, it will allow you to evaluate your ability to repay your debts and to consider a consolidation loan or an arrangement with your creditors (Consumer Proposal).
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