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BDO Debt Solutions
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It’s tempting to accept that you’ll always have debt, but you can achieve a debt-free future.
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Budgeting helps you keep track of your spending and build your savings.
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Do you have RESPs or will your children need student loans for university? You should have this conversation before they start applying for schools.
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Have your kids considered college? Going to college instead of university for certain fields of study could lead to less student debt without reduced job opportunities.
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The first step in becoming debt free is taking that step as soon as possible.
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When teaching your kids about money, one piggy bank might not be enough. Instead, try giving your kids three separate jars—one for saving, one for spending and one for giving to charity.
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Delayed gratification can be tough for anyone, including parents. But teaching your kids to save before buying something builds good financial habits that can last a lifetime.
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Teaching your children about money is important, but it’s also important that they understand the lesson
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Financial literacy doesn’t need to wait until your kids start school; children as young as three can start learning about saving and spending.
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Your kids are never too young to become bargain hunters. While grocery shopping, you can enlist them to help find the best deals on cereal or orange juice.
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