[{"@context":"https:\/\/schema.org\/","@type":"Article","@id":"https:\/\/rkillen.ca\/blog\/#Article","mainEntityOfPage":"https:\/\/rkillen.ca\/blog\/","headline":"Blog","name":"Blog","description":"Recover from Holiday Overspending with these Quick Fixes\u00a0Holiday overspending is a reality for most Canadians. According to a survey by Manulife Bank of Canada, 68% of Canadians said that they will overspend during the holidays despite the fact that they already have a lot of debts and even knowing that they will likely face...Richard Killen’s […]","datePublished":"2015-03-02","dateModified":"2023-04-28","author":{"@type":"Person","@id":"https:\/\/rkillen.ca\/author\/admin\/#Person","name":"admin","url":"https:\/\/rkillen.ca\/author\/admin\/","identifier":2,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/9802e0bea345b33afa85a53646482da09b2d7944429d88b59778b5d3e1c3dd14?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9802e0bea345b33afa85a53646482da09b2d7944429d88b59778b5d3e1c3dd14?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Richard Killen and Associates","logo":{"@type":"ImageObject","@id":"https:\/\/rkillen.ca\/wp-content\/uploads\/2016\/08\/landscape-logo-12345-for-web.png","url":"https:\/\/rkillen.ca\/wp-content\/uploads\/2016\/08\/landscape-logo-12345-for-web.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/rkillen.ca\/wp-content\/uploads\/2020\/01\/holiday-overspending-300x209.jpg","url":"https:\/\/rkillen.ca\/wp-content\/uploads\/2020\/01\/holiday-overspending-300x209.jpg","height":"209","width":"300"},"url":"https:\/\/rkillen.ca\/blog\/","video":[{"@context":"http:\/\/schema.org\/","@type":"VideoObject","@id":"https:\/\/www.youtube.com\/watch?v=ZdygUCkzGtU#VideoObject","contentUrl":"https:\/\/www.youtube.com\/watch?v=ZdygUCkzGtU","name":"Crushing Debt why you should pay off your debt","description":"https:\/\/theglassishalffull.tv\/crushing-debt-why-you-should-pay-off-your-debt\/ In this episode of The Glass Is Half Full, Richard Killen a Licensed Insolvency Trustee interviews David Trahair, Chartered Professional Accountant, personal finance writer and trainer. He is also an author of six books on personal financial issues including three national bestsellers. He was a columnist for CPA Magazine from 2014 to 2018.\nIn the interview, they cover the following:\n- The type of debt that gets Canadians in financial trouble\n- Why 44% of Canadians do not pay off their credit card each month!\n- Credit card Interest Compounding Explained\n- What happens when I retire if I have no savings?\n- I\u2019m in financial trouble, what can I do to improve my situation?\n- Cutting expenses- Do I Really need a car? \n- Rewards on Credit Cards- Are they worth it?\n- Does it make sense to use a balance transfer to pay off a credit card?\n- Home Equity Line Of Credit (HELOC) and Reverse Mortgages Explained \n\n\nContacts:\nDavid Trahair\nCPA, Writer and Author\n(416) 723-9075\ninfo@trahair.com \nhttps:\/\/trahair.com\nPersonal finance resources and online training to help anyone to take control and achieve their own economic dreams.\n\nRichard Killen & Associates Ltd Scarborough West\nhttps:\/\/www.g.page\/killenscarboroughwest\nLicensed Insolvency Trustee and Licensed Consumer Proposal Administrator\n2130 Lawrence Ave, E  #402, Scarborough, ON M1R 3A6, Canada\nTel: +1 416-285-9511\nhttps:\/\/rkillen.ca\nPersonal bankruptcies, consumer proposals and debt counselling. \nContact us for a fresh start (888) 545-5365\nThis may be the most stress-relieving call you will ever make!\nRichard Killen and Associates have 10 locations across the Greater Toronto Area.\n\nThe Glass Is Half Full\nTo be a guest on the show, please visit https:\/\/theglassishalffull.tv\/be-a-guest\/","thumbnailUrl":["https:\/\/i.ytimg.com\/vi\/ZdygUCkzGtU\/default.jpg","https:\/\/i.ytimg.com\/vi\/ZdygUCkzGtU\/mqdefault.jpg","https:\/\/i.ytimg.com\/vi\/ZdygUCkzGtU\/hqdefault.jpg","https:\/\/i.ytimg.com\/vi\/ZdygUCkzGtU\/sddefault.jpg","https:\/\/i.ytimg.com\/vi\/ZdygUCkzGtU\/maxresdefault.jpg"],"uploadDate":"2019-11-21T14:36:39+00:00","duration":"PT32M9S","embedUrl":"https:\/\/www.youtube.com\/embed\/ZdygUCkzGtU","publisher":{"@type":"Organization","@id":"https:\/\/www.youtube.com\/channel\/UCBnlR4W4vfP3HN-fTV8pH8g#Organization","url":"https:\/\/www.youtube.com\/channel\/UCBnlR4W4vfP3HN-fTV8pH8g","name":"The Glass is Half Full","description":"Richard Killen is a Licensed Insolvency Trustee who has seen first hand many people struggle with debt and the stress that financial problems generate. Many families are living paycheck to paycheck and this weekly show is all about helping people in this community with little or no money to do more with less.\n\nIn this show, Richard and his guests will share their expertise and share their stories. Some topics may include:\n\nHow to get out of debt\nHow to reduce stress caused by financial problems\nHow to buy products and services for less\nVarious ways to save money\nHow to enjoy life and have fun with little or no money.\nInexpensive vacations\nPeople sharing stories on how they overcome obstacles\n\u2026 and endless other topics\nThe show is an interview style talk show that is filmed locally in Toronto or via Webinar for guests that are from outside of Toronto.","logo":{"url":"https:\/\/yt3.ggpht.com\/ytc\/AIdro_nNWVcqPrZwGj4XwfnZ4zMT-Dm31Nb9WA0WhjYioTpT2A=s800-c-k-c0x00ffffff-no-rj","width":800,"height":800,"@type":"ImageObject","@id":"https:\/\/www.youtube.com\/watch?v=ZdygUCkzGtU#VideoObject_publisher_logo_ImageObject"}},"potentialAction":{"@type":"SeekToAction","@id":"https:\/\/www.youtube.com\/watch?v=ZdygUCkzGtU#VideoObject_potentialAction","target":"https:\/\/www.youtube.com\/watch?v=ZdygUCkzGtU&t={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"},"interactionStatistic":[[{"@type":"InteractionCounter","@id":"https:\/\/www.youtube.com\/watch?v=ZdygUCkzGtU#VideoObject_interactionStatistic_WatchAction","interactionType":{"@type":"WatchAction"},"userInteractionCount":53}]]},{"@context":"http:\/\/schema.org\/","@type":"VideoObject","@id":"https:\/\/www.youtube.com\/watch?v=1HgYvbMAkps#VideoObject","contentUrl":"https:\/\/www.youtube.com\/watch?v=1HgYvbMAkps","name":"Interview With Mortgage Broker David Grossman Part Two- Mortgage Insurance, Mortgages & Bankruptcy","description":"https:\/\/theglassishalffull.tv\/ In part two of this episode of The Glass Is Half Full, Richard Killen interviews David Grossman, a Toronto mortgage broker with Rock Your Mortgage.\nIn the interview, they cover the following:\n\n- How do RESPS and other assets come into play during a bankruptcy?\n- Mortgage insurance- is it worth it?\n- Can a mortgage broker help people use their equity if they have a bad credit rating or are in debt?\n- Should I use my equity to pay off my consumer proposal in full?\n- Can I re-establish my credit after a bankruptcy or proposal?\n- Can I get a mortgage with a bank I declared bankruptcy with previously?\n- Will I lose my house in bankruptcy?\n- Why should someone with debt issues talk to a mortgage broker?\n- The story behind the Glass Is Half Full book. \n\nThis is part two of a two-part video interview with David. You can watch Part one here. https:\/\/youtu.be\/-XHgrMauKKo \nContacts:\nToronto Mortgage Broker\nDavid Grossman\n(416) 876-2031\ndavid@RockYourMortgage.ca\nhttps:\/\/rockyourmortgage.ca\/\nRichard Killen & Associates Ltd Scarborough West\nhttps:\/\/www.g.page\/killenscarboroughwest\nLicensed Insolvency Trustee and Licensed Consumer Proposal Administrator\n2130 Lawrence Ave, E  #402, Scarborough, ON M1R 3A6, Canada\nTel: +1 416-285-9511\nhttps:\/\/rkillen.ca\n\nContact us for a fresh start (888) 545-5365\nThis may be the most stress-relieving call you will ever make!\n\nRichard Killen and Associates have 10 locations across the Greater Toronto Area.\n\nThe Glass Is Half Full\nTo be a guest on the show, please visit https:\/\/theglassishalffull.tv\/be-a-guest\/\n\nVisit Us On Social Media\nFacebook https:\/\/www.facebook.com\/theglassishalffulltv\/\nInstagram https:\/\/www.instagram.com\/theglassishalffulltv\/\nTwitter https:\/\/twitter.com\/glasshalffullca\nLinkedIn https:\/\/www.linkedin.com\/company\/the-glass-is-half-full\/","thumbnailUrl":["https:\/\/i.ytimg.com\/vi\/1HgYvbMAkps\/default.jpg","https:\/\/i.ytimg.com\/vi\/1HgYvbMAkps\/mqdefault.jpg","https:\/\/i.ytimg.com\/vi\/1HgYvbMAkps\/hqdefault.jpg","https:\/\/i.ytimg.com\/vi\/1HgYvbMAkps\/sddefault.jpg","https:\/\/i.ytimg.com\/vi\/1HgYvbMAkps\/maxresdefault.jpg"],"uploadDate":"2019-10-22T18:39:11+00:00","duration":"PT24M17S","embedUrl":"https:\/\/www.youtube.com\/embed\/1HgYvbMAkps","publisher":{"@type":"Organization","@id":"https:\/\/www.youtube.com\/channel\/UCBnlR4W4vfP3HN-fTV8pH8g#Organization","url":"https:\/\/www.youtube.com\/channel\/UCBnlR4W4vfP3HN-fTV8pH8g","name":"The Glass is Half Full","description":"Richard Killen is a Licensed Insolvency Trustee who has seen first hand many people struggle with debt and the stress that financial problems generate. Many families are living paycheck to paycheck and this weekly show is all about helping people in this community with little or no money to do more with less.\n\nIn this show, Richard and his guests will share their expertise and share their stories. Some topics may include:\n\nHow to get out of debt\nHow to reduce stress caused by financial problems\nHow to buy products and services for less\nVarious ways to save money\nHow to enjoy life and have fun with little or no money.\nInexpensive vacations\nPeople sharing stories on how they overcome obstacles\n\u2026 and endless other topics\nThe show is an interview style talk show that is filmed locally in Toronto or via Webinar for guests that are from outside of Toronto.","logo":{"url":"https:\/\/yt3.ggpht.com\/ytc\/AIdro_nNWVcqPrZwGj4XwfnZ4zMT-Dm31Nb9WA0WhjYioTpT2A=s800-c-k-c0x00ffffff-no-rj","width":800,"height":800,"@type":"ImageObject","@id":"https:\/\/www.youtube.com\/watch?v=1HgYvbMAkps#VideoObject_publisher_logo_ImageObject"}},"potentialAction":{"@type":"SeekToAction","@id":"https:\/\/www.youtube.com\/watch?v=1HgYvbMAkps#VideoObject_potentialAction","target":"https:\/\/www.youtube.com\/watch?v=1HgYvbMAkps&t={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"},"interactionStatistic":[[{"@type":"InteractionCounter","@id":"https:\/\/www.youtube.com\/watch?v=1HgYvbMAkps#VideoObject_interactionStatistic_WatchAction","interactionType":{"@type":"WatchAction"},"userInteractionCount":37}]]},{"@context":"http:\/\/schema.org\/","@type":"VideoObject","@id":"https:\/\/www.youtube.com\/watch?v=Kxl0sqBgWNM#VideoObject","contentUrl":"https:\/\/www.youtube.com\/watch?v=Kxl0sqBgWNM","name":"Interview With Mortgage Broker David Grossman- How To Get A Mortgage with Bad Credit?","description":"https:\/\/theglassishalffull.tv\/ In this episode of The Glass Is Half Full, Richard Killen interviews David Grossman, a Toronto mortgage broker with Rock Your Mortgage.\nIn the interview, they cover the following:\n\nFor people just starting out, what do they need to know about mortgages?\nWhat kind of information do lenders need to know about borrowers?\nWhat are the different types of lenders other than banks?\nWhat is CMHC insurance for high ratio mortgages?\nIs there a different process for self-employed individuals to get a mortgage?\nExplain B lenders, C lenders and private lenders and how each works.\nWhat is a Mortgage Stress Test?\nHow do RESPS and other assets come into play during a bankruptcy?\n\nThis is part one of a two-part video interview with David. You can watch Part two here. https:\/\/youtu.be\/mQcViULQmLg \n\nContacts:\nDavid Grossman\nToronto Mortgage Broker\n(416) 876-2031\ndavid@RockYourMortgage.ca\nhttps:\/\/rockyourmortgage.ca\/\nMortgages for Seniors, Self Employed, Credit Issues (Bad credit), First Time Buyers, Real estate investors, land and construction mortgages.\nRichard Killen & Associates Ltd Scarborough West\nhttps:\/\/www.g.page\/killenscarboroughwest\nLicensed Insolvency Trustee and Licensed Consumer Proposal Administrator\n2130 Lawrence Ave, E  #402, Scarborough, ON M1R 3A6, Canada\nTel: +1 416-285-9511\nhttps:\/\/rkillen.ca\nPersonal bankruptcies, consumer proposals and debt counselling. \nContact us for a fresh start (888) 545-5365\nThis may be the most stress-relieving call you will ever make!\n\nRichard Killen and Associates have 10 locations across the Greater Toronto Area.\n\nThe Glass Is Half Full\nTo be a guest on the show, please visit https:\/\/theglassishalffull.tv\/be-a-guest\/\n\nVisit Us On Social Media\nFacebook https:\/\/www.facebook.com\/theglassishalffulltv\/\nInstagram https:\/\/www.instagram.com\/theglassishalffulltv\/\nTwitter https:\/\/twitter.com\/glasshalffullca\nLinkedIn https:\/\/www.linkedin.com\/company\/the-glass-is-half-full\/","thumbnailUrl":["https:\/\/i.ytimg.com\/vi\/Kxl0sqBgWNM\/default.jpg","https:\/\/i.ytimg.com\/vi\/Kxl0sqBgWNM\/mqdefault.jpg","https:\/\/i.ytimg.com\/vi\/Kxl0sqBgWNM\/hqdefault.jpg","https:\/\/i.ytimg.com\/vi\/Kxl0sqBgWNM\/sddefault.jpg","https:\/\/i.ytimg.com\/vi\/Kxl0sqBgWNM\/maxresdefault.jpg"],"uploadDate":"2019-10-22T17:10:43+00:00","duration":"PT18M16S","embedUrl":"https:\/\/www.youtube.com\/embed\/Kxl0sqBgWNM","publisher":{"@type":"Organization","@id":"https:\/\/www.youtube.com\/channel\/UCBnlR4W4vfP3HN-fTV8pH8g#Organization","url":"https:\/\/www.youtube.com\/channel\/UCBnlR4W4vfP3HN-fTV8pH8g","name":"The Glass is Half Full","description":"Richard Killen is a Licensed Insolvency Trustee who has seen first hand many people struggle with debt and the stress that financial problems generate. Many families are living paycheck to paycheck and this weekly show is all about helping people in this community with little or no money to do more with less.\n\nIn this show, Richard and his guests will share their expertise and share their stories. Some topics may include:\n\nHow to get out of debt\nHow to reduce stress caused by financial problems\nHow to buy products and services for less\nVarious ways to save money\nHow to enjoy life and have fun with little or no money.\nInexpensive vacations\nPeople sharing stories on how they overcome obstacles\n\u2026 and endless other topics\nThe show is an interview style talk show that is filmed locally in Toronto or via Webinar for guests that are from outside of Toronto.","logo":{"url":"https:\/\/yt3.ggpht.com\/ytc\/AIdro_nNWVcqPrZwGj4XwfnZ4zMT-Dm31Nb9WA0WhjYioTpT2A=s800-c-k-c0x00ffffff-no-rj","width":800,"height":800,"@type":"ImageObject","@id":"https:\/\/www.youtube.com\/watch?v=Kxl0sqBgWNM#VideoObject_publisher_logo_ImageObject"}},"potentialAction":{"@type":"SeekToAction","@id":"https:\/\/www.youtube.com\/watch?v=Kxl0sqBgWNM#VideoObject_potentialAction","target":"https:\/\/www.youtube.com\/watch?v=Kxl0sqBgWNM&t={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"},"interactionStatistic":[[{"@type":"InteractionCounter","@id":"https:\/\/www.youtube.com\/watch?v=Kxl0sqBgWNM#VideoObject_interactionStatistic_WatchAction","interactionType":{"@type":"WatchAction"},"userInteractionCount":70}]]}]},{"@context":"https:\/\/schema.org","@type":"BreadcrumbList","@id":"https:\/\/rkillen.ca\/blog\/#BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/rkillen.ca\/blog\/#breadcrumbitem"}]}]