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Articles sur Debt

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Canadians, like many other people around the world, are stressing about money and have amassed a lot of credit-card debt. (Shutterstock)

Escaping the vicious circle of going paycheque to paycheque

People are stressed out about money, with most of us struggling to make ends meet due to abusing credits cards and amassing consumer debt. Some tips on how to change your spending behaviour.
Canadian bank notes are seen in this 2017 photo. Ottawa finances deficit spending by borrowing money. Twenty per cent of the money is borrowed from the Bank of Canada. In other words, the government borrows that money from itself. THE CANADIAN PRESS/Adrian Wyld

How government deficits fund private savings

Critics complain that government debt saddles future generations with a financial burden. The critics are wrong.
Food donated for TSA workers who continue to work without pay. AP Photo/Keith Srakocic

How to show gratitude to TSA workers

As people say thanks to those who are turning up for work without being paid, an expert explains what true gratitude really means.
Research among Canadians shows employment to be a critical social determinant of health, partly because those who earn higher wages have more access to safe housing, nutritious foods, social services and medical care. (Shutterstock)

For millennials, employment is a public health challenge

No longer can young people invest in their education and work their way into secure employment. The health impacts of this job insecurity are profound.
The financial system is awash with money, which is why interest rates have been so low for so long. (Shutterstock)

How banks have set a trap for the U.S. Fed by creating money

It’s been 10 years since the U.S. signed into law a scheme to print money, essentially, and save the financial sector amid the sub-prime mortgage meltdown. Did it work? And who’s truly benefitted?
Some of the damage cause by Hurricane Maria, months after it hit. Reuters/Carlos Garcia Rawlins

How Puerto Rico’s economy is holding back recovery: 3 essential reads

While the hurricanes last year dealt devastating blows to Puerto Rico, its challenges predate the storms and continue on today. They also offer new opportunities.
In the film Iron Man 2, Elon Musk (playing himself, in white), meets one of his sources of inspiration: Tony Stark (R. Downey Jr.), super-hero of the Marvel Universe. DisneyPixar

Is Elon Musk a super‑hero?

Elon Musk is an open admirer of the fictional Tony Stark, whose alter‑ego is none other than Iron Man. But Tesla’s recent financial results prove Musk to be more vulnerable than his hero…
Financial decisions can be a real maze. Andrii Vodolazhskyi/Shutterstock.com

Why we hate making financial decisions – and what to do about it

Research suggests that the reason people may put off funding their 401(k) plans or managing credit card debt is because our perception of finance as ‘cold’ conflicts with our hot-blooded emotions.
A man browsing the shoe department in a shopping centre. Can he really afford new shoes, and does he really need them? Alex Buirds/Wikimedia

Why we perceive ourselves as richer than we think we are

Under some circumstances, people may feel wealthier than they actually are and this makes them psychologically more prone to increase their spending, as well as their borrowing.

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