A debt settlement is when a creditor agrees to accept less than the total amount owed.
Financial literacy is the ability to understand how money works: how someone makes, manages and invests it, and also expends it (especially when one donates to charity) to help others. In-depth knowledge of financial literacy is required to understand how money works and how it can work for you – even when you’re sleeping – by investing in profitable areas like the stock or money market. To understand money and how it works, it’s important to understand common financial literacy principles such as; financial goals, budgeting, investments, superannuation, contracts and employment models.Read more
Those of us who are actively involved in the elearning are well aware of the advantages elearning can provide to an organization, and to the individual, and in the past year or so, these advantages are becoming recognized among the general public. The flexible nature of elearning means that we are likely to encounter it in everyday life. Some people seek it out in for additional learning opportunities, and for career advancement. While others may accidentally stumble upon it when watching a short training on their smartphone about their latest application.Read more
If you’re burdened with overwhelming financial obligations, you may be tempted to turn to a debt settlement company for relief. A debt settlement is when a creditor agrees to accept less than the total amount owed. Companies that arrange settlements promote their services as a cost-effective alternative to dealing with the debt on your own, and as superior to a repayment plan that a credit counseling agency may arrange. Unfortunately, most of the time using such a business only leads to greater problems.Read more
A Financial Literacy Leader within the Financial Consumer Agency of Canada.