You can’t watch television anymore without seeing multiple commercials for payday loan companies. They are as bright and jingly as fast food commercials. To hear the commercial personality speak, a payday loan is just another tool in your financial toolkit.
Here on Alberta Avenue alone, there are more than a dozen of these companies, some strictly dealing with short-term credit, while others have a pawn shop as an added service. If coming into a store is not appealing or easy, a loan can be as far away as the click of a mouse. Continue reading Finding the way out of the debt cycle New payday loan regulations aim to protect customers
The Institute of Health Economics and the University of Alberta are running a study from the summer of 2016 to 2018 that aims to find new ways of preventing Fetal Alcohol Spectrum Disorder (FASD).
In Alberta, 46,000 people currently live with FASD and approximately 700 to 1,900 babies are born with the disorder each year.
Continue reading Helping pregnant women tackle addictions Study participants use breathalyzers to track sobriety
The effects of addictions are not isolated. Whether it is an addiction to cigarettes, coffee, or alcohol, the financial impact alone can be detrimental.
According to an MNP Debt survey, “fifty-eight percent of Albertans say they are now living within $200 a month of being unable to pay their bills and debt payments each month.”
Continue reading Giving your budget some breathing room Calculating the financial cost of daily addictions