What You Need to Know About Wage Garnishment

Soaring gas prices, staggering grocery bills, sky-high interest rates…these topics are front and centre in our daily news. According to Statistics Canada, the annual inflation rate hit 7.7% in May, the highest it’s been in almost forty years. There’s no doubt that Albertans are struggling to make the metaphorical ends meet. Families with children are even more concerned. But more …

recover from debt

Rising Debt Amongst Gen-Z, Millennials

For the first time in Canadian history, debt held by the millennial generation has surpassed the value of debt held by baby boomers. In the past year, millennial debt has increased 12.3% to a total of $515.9 billion, according to an article from The Huffington Post . The increase in debt, however, is not being initiated by the typical borrowing …

Budgeting Tips

Budgeting Tips

Budgeting is the first step on the path to financial freedom; take the time to set a budget and stay within it! In addition to budgeting, debt settlement programs like ours can help you to have a more secure financial future.Creating a Personal Budget Creating a monthly budget is the first step in helping you secure financial freedom. Although tedious …

post graduate budget

Finances For New Grads

If you are amongst the many individuals who have recently graduated from a post-secondary institution, we congratulate you! After successfully landing that first job, your next steps are to consider your financial health and your goals for the future. Developing a Financial Plan Spending money will be a significant portion of your financial plan, and the development of a financial …

consumer credit proposal

Bankruptcy in Alberta

Consumer, Business Bankruptcy Rates Rise in 2019Craig Fryzuk, President of The Fryzuk Group, was invited to sit down with CBC Calgary’s Jenny Howe to discuss the rise in bankruptcies and Alberta consumer proposals for 2019. In the summative article written by Sarah Rieger, Craig Discusses the root causes of Albertan’s debt, and the similar trends in what his clients are …

income tax return calgary

Tax Returns 101

Always, Always File your TaxesTax season is in full swing, and along with a friendly reminder to submit your tax documents by April 30th, we have prepared some helpful information to coincide with Canadians receiving their tax refunds. There are a wide range of factors that will impact the refund you receive (if any) in the coming weeks, so for …