EmpireOne

Your 20’s are a time of great opportunities and learning. You have your whole adult life ahead of you. If you are a young adult in your 20s, paying off debt may seem like a daunting task.  It might be the first time you are responsible for making rent, buying groceries, and paying for the […]

If you’re looking to find relief from your student loan debt, you might have considered filing for bankruptcy.  While filing for bankruptcy can help you find a way out of debt, it may not be the most appropriate option if you have student loans.   There are limited options to discharge student loan debt completely, especially […]

There are two main ways to make money. The first is to work for an hourly wage or salary. This is called working for your money and it’s how the majority of the population earns income. The second way to earn money is to invest your money in a place where it can grow and […]

COVID-19 is more than a physical illness, it has affected millions of Ontarians financially too, both personally and in business. Understanding its effects and what supports are available is important as we continue to work our way through the pandemic. How Personal Finances are Affected Midway through the pandemic, many Candadians (60%) felt they were […]

Before you take out any loans or credit cards, you should understand the difference between secured and unsecured debt. One requires collateral and the other doesn’t, but they both can affect your credit score negatively if you aren’t careful. Whether you need a debt reduction or you are thinking about taking out new credit, understanding […]

With the quick spread of the Omicron variant, employers everywhere are panicking and suffering. The recent expiration of the Canada Recovery Benefit doesn’t help things either, but fortunately, there is an extension of benefits as we work our way through this latest variant and its effects. Because of the capacity limits and the threat to […]

The pandemic caused more than a health scare. It caused serious financial strife for millions of people, too. As many consumers went into the pandemic with pre-existing credit card debt, the sudden loss of income and the economy’s downturn made it even harder for many to stay afloat. Now that we’re in the pandemic, knowing […]

Becoming  debt-free in Toronto is most Canadians’ goal. But if you are over your head in credit card debt, student loans, or personal loans, it can be overwhelming. You may be tempted to jump in head first – drastically changing your lifestyle so you can put everything toward your debt. While this seems ideal, it […]

The cost of education in Canada is rising at a record pace. While there is government assistance available, the higher cost of education has resulted in higher student loans. Many of us take on debt for education because we expect that our education will help us gain a better footing in the real world over […]

It’s always a good time to focus on your financial goals. Your finances are an essential part of how you live your life. 34% of Canadians believe that finances control their lives.  It can be challenging to feel like you’re not in control of your life if you have to work hard to make ends […]