I wanted to start by saying, that if you are currently overcome by debt or have bad credit, you are not alone. In fact, there are way more people out there in the exact same position than you think! As a mortgage broker in Kelowna, I see the nitty & sometimes very gritty reality of peoples financial situations. As Canadians we are definitely effected by the old want to “keep up the Joneses” & correctly identifying “need vs. want” is a every day struggle for everyone, including myself!
Some Canadians believe they will be in debt forever and with debt repayment goals pushing closer into their retirement years the strain becomes even more of a reality.
Do YOU ever wonder when you will become debt free? 40s? 50s? Ever?