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Managing Your Money A Canadian guide to coping with high interest rates
Mr. Mardon of Investors Group offers practical financial tips for Canadians facing rising borrowing costs. Focus on reducing debt, negotiating loan rates, and avoiding unnecessary credit. Identify four essential needs, trim discretionary spending, and shop sales to stretch dollars. Transportation costs and vacations are key targets for economies. Stay within a prudent spending plan and consider domestic travel to maximize value.
MENTIONED IN THIS ARTICLE
Bank of Canada
Canada
U.S
Mardon
Investors Group Inc
Financial Planning Services Company