Debt
Self-employed Canadians are using credit cards for groceries and bills — 42% of families with kids rely on credit for essentials
When pay days become unpredictable, credit cards can fill in the gaps — until they don’t. Here’s how self-employed Canadians can create a cushion and get out of the debt carousel
2.23% of indebted Canadian households are behind on payments — the highest since 2015 — and the BoC says credit cards are the biggest warning sign
BoC data shows credit card arrears nearly doubled since 2021, with 1 in 8 borrowers using over 80% of their limit
A 24-year-old's mom told her to never get a credit card — now she's scared of basic money tools despite a 752 credit score
88% of Canadian youth wish they had better financial education. One Reddit post shows what happens when parental fear replaces literacy.
