A financial crisis can hit when you least expect it. Illness, accidents, job strikes and layoffs are unforeseeable events that cause financial setbacks and, in turn, extreme stress. In a perfect world, you will have saved three to six months' worth of living expenses that everyone always talks about. In the real world, you may be living from paycheque to paycheque or have only a small amount of savings.
Here's you'll find information and resources to help you better understand your financial situation and changes you can make for a brighter financial future.
Helpful Online Resources:
Credit Counselling Society offers information, tools, resources and services to help you with making a personal budget, resolving debt problems including consolidation and bankruptcy. Also, offers financial calculators to help you better understand your financial situation.
Manage Personal Finances - Government of Canada offers information such as on budgeting, credit cards, banking, mortgages insurance and retirement planning to help individuals make good financial choices.
Credit, Debt and Consumer Law (Dial-a-Law)
Personal Finance for Canadians for Dummies, by Eric Tyson and Tony Martin
The Complete Idiots Guide to Managing Your Money, by Robert and Christie Heady
Easy Money: How to Simplify your Finances and Get Want You Want Out of Life, by Liz Pulliman Weston
Rich Dad Poor Dad, by Robert Kiyosaki and Sharon Lechter
Your Money or Your Life: Transforming Your Relationship with Money and Achieving Financial Independence,
by Joe Dominquez
How to Get Out of Debt, Stay Out of Debt and Live Prosperously, by Gerrald Mundis
If you are in crisis, direct telephone access to EFAP professional counsellors for crisis counselling and immediate assistance is available and accessible from anywhere in North America, 24/7/365. Let us help. Access Service Now.