Managing debt in Canada Paying down debt, what to do if a collection agency contacts you and getting help with debt. What is debt in simple words? Debt is the amount of money borrowed by one party, from another. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest. In simple words, debt is money borrowed from another party, for something you can’t afford. Too much debt can turn good debt into…Read More
Day: October 31, 2021
What Does Term Life Insurance Cover?
What Does Term Life Insurance Cover? A great question indeed! People usually buy term insurance to cover the needs of their families after their demise. But suddenly, many questions start buzzing in our minds. First of all, who will get the payout, what does term life insurance cover, and how much should be the coverage, etc. So, in this article, we will cover all these questions and more. We promise by the end, you will be an expert yourself and will have answers to all your questions. So, let us…Read More