Blog
Interview About Mortgage Insurance, Mortgages and Bankruptcy
https://youtu.be/1HgYvbMAkps In part two of the video interview with David Grossman, a mortgage broker, he and Richard Killen, a Licensed Insolvency Trustee discuss mortgage insurance and how mortgages work with bankruptcy in Ontario. Ontario Mortgage Insurance Explained...
How To Get A Mortgage with Bad Credit
https://youtu.be/Kxl0sqBgWNM Richard Today we have with us, David Grossman. He's a mortgage broker with Rock Your Mortgage which serves the Greater Toronto Area. Dave has been arranging mortgages for people for over fifteen years now and he brings to us a wealth of...
Announcing The Glass Is Half Full Interview Show
I’m Richard Killen, a Licensed Insolvency Trustee based in Toronto. We just celebrated 25 years in business helping people get out of debt. And over those years me and my team have witnessed firsthand many good people that have struggled with debt. And not just debt, but the...
How to Save Money with Credit Cards
Many of us abuse the use of our credit cards and often end up in debt. However, if you can use the plastic in a responsible manner, you can actually save money with credit cards, and are often better off using them rather than paying in cash. Here are some money saving...
4 Money Saving Tips That Can Help You to Save on Groceries
According to Statistics Canada, the average Canadian family of 4 people spends about $214 on food for each person every month. And, this is just for groceries and does not include eating out. Financial experts recommend cutting down this average budget to only $125 per...
What Too Much Debt Looks Like In The Greater Toronto Area
According to Statistics Canada, Canadian families now roughly owe $1.78 for every $1 they earn. These debts include consumer credit, mortgage and non-mortgage loans. Yes, we’ve got too much debt and piled up credit card charges for home renovations and eating out, for...
4 Real Ways to Make Money Online and Increase Your Budget
Building a lucrative side hustle that can let you make extra income can really be a lifesaver. For one, it can let you earn unlimited income. With a traditional job you have your regular income, now if you augment that with a side business that literally does not limit you...
Getting out of debt on your own
Tax season is here. Like many Canadians you may discover that you now have a tax debt to add to your regular commercial debts: credit cards, loans, etc. This can make it a very stressful time of year. Of course, if you are one of the lucky few who has minimal or no regular...
3 Popular Ways You Can Make Extra Money to Pay Off Debt
Having a traditional 9-5 job is great. It will give you regular pay, that means having a steady income you can rely on to meet all your basic needs. But what about if you have a heavy debt load and need to pay off those debts? Your regular pay won't be enough. You’ll need...
Understanding your credit rating
When it comes to managing debt, do credit rating reports help? There is a simple way to avoid taking on personal debt: never take out a loan without first knowing its purpose, the long-term goals and benefits it will achieve, and the plan to pay it back. Simply put, use...