Posts by admin
Frugal Festivities: Budget-Friendly Holiday Spending Tips
With the holidays right around the corner, many Canadians are already planning out their schedules, getting their party outfits together, even buying gifts. Some may already be completely finished their shopping (way to go!). For many, the holiday season is one to look forward to, but if your finances are strained, it can also mean…
Read MoreRemembrance Day: Remember, Today, and Every Day
Remembrance Day: Remember, Today, and Every Day This weekend, we take a moment to remember those who fought, and continue to fight, bravely to defend all that we hold dear. Those who sacrificed their lives, pushed courageously forward to defend us, and saved lives. Today, and every day, we remember, and say thank you.
Read MorePositive Customer Reviews Rolling In for Prudent Financial Services
Prudent Financial Services is known for its outstanding customer service and products — but don’t just take our word for it. See what some very satisfied clients had to say on the Prudent Financial Services’ Facebook page. Gord Tuinstra writes, “Treated fairly. Great team they have. This the third car I have bought from them.…
Read MoreBorrowing Money When You Have Bad Credit
Money makes the world go round. These days, there is much truth in that statement. For those with good credit, when you’re looking to borrow money, it often means simply heading to the bank, filling out a few forms, and waiting on a financial assessment. Not such a terrible prospect. However, for those with bad…
Read MoreNew Mortgage Rules Making it Hard to Refinance – So Don’t!
Over the past few years, there have been several new mortgage rules that have made it hard for the average Canadian to not only get approved for a mortgage, but also harder for homeowners to refinance or take out second mortgages. Stress testing and new limits on refinancing have made it increasingly difficult to access…
Read MoreIs Your Vehicle Ready for Winter? A Checklist to Winterize Your Vehicle
Winter driving: we all dread it. The snow, the slush, the ice – none of these conditions make for a smooth, relaxing commute, and whether you drive 10 minutes or an hour to work, being winter ready is important. Winter driving can be a challenge, but being prepared for the cold weather and all it…
Read MoreMore Credit Card Debt Always the Wrong Answer
For many Canadians, debt is a reality of life. With the various monthly payments, along with those incidentals that spring up unannounced, debt can creep up quickly to the point that it becomes unmanageable. For some, amassing more credit card debt to cover such financial requirements sometimes seems like the only option – but it…
Read MoreWhat to Look for in a Used Car Dealer
If you’re thinking about buying a new car – or a new-to-you car – there are a number of important details to consider. Your budget and the type of car you want/need are both essential, but just as important is who you’re buying the car from! If you’re considering buying a used car, here are…
Read MoreA Second Mortgage That Isn’t a Mortgage? What’s the Deal?
With the most recent changes to mortgage lending/borrowing rules, those established by the Canadian Mortgage and Housing Corporation, coupled with a higher interest rate, many Canadians looking to refinance their mortgages are finding it much harder to do so than originally anticipated. While a second mortgage offers a chance to access significant equity to use…
Read MoreThe Canadian Interest Rate Went Up – What Does That Mean to You?
We’ve heard the warning for several months now: the economy is stabilizing, and Canadians have enjoyed an historically low interest rate for years, but a rate hike in inevitable. And, back in July, after months of speculation, the Bank of Canada finally raised the interest rate from 0.5% to 0.75%. This means that payments for…
Read More