On today’s episode of “Let’s Talk Money with Dave and Reb” the co-hosts continue conversations they have been having throughout the month of September talking about the current economic challenges and the fear and anxiety it is causing in many Canadian families.
They mention an article referencing an Equifax report, giving statistics about the response of Canadians to current economic stress. Go to https://www.cbc.ca/news/business/rising-credit-card-debt-in-canada-1.6571516 to learn more. Reportedly, Canadians are turning to credit cards for financial stress relief, resulting in rising debt.
“This is definitely a time when Canadians are asking how they can respond to increased costs of living, while trying to minimize debt and the financial weight they are carrying,” Dave says. “And the answers need to be explored and pursued as we all become more and more aware of what is happening within our financial journeys. Accruing more debt, is not the answer.”
To hear their conversation, tune in to today’s show which is sponsored by More Than Enough Financial – a financial coaching, tax, and mortgage company empowering people to effectively manage their finances, while finding hope and financial freedom one day at a time. To order Reb’s e-book, audio book, or soft-cover copy of Cultivating Trust: Finding God’s Hope and Freedom for Your Finances, go to www.morethanenoughbooks.com.