are you feeling financially squeezed?

ARE YOU FEELINGFINANCIALLY SQUEEZED?

edmonton-debt-help.ca

http://edmonton-debt-help.ca/are-you-feeling-financially-squeezed/

http://edmonton-debt-help.ca/

ARE YOU FEELING FINANCIALLYSQUEEZED AND TRAPPED BY DEBT?





CONSIDER THE FOLLOWING QUESTIONS:



IF YOU ARE EMPLOYED FULL-TIME, DOYOU STILL STRUGGLE TO PAY YOUR BILLSAND MAKE ENDS MEET?




DO YOU CARRY A LARGE AMOUNT OF STUDENTLOAN DEBT AND WONDER HOW TO PAY OFFYOUR STUDENT LOAN?


ARE YOU STRUGGLING TO FIND FULL-TIME, LONG-TERMEMPLOYMENT IN YOUR CHOSEN FIELD?



ARE HIGH HOUSING COSTS MAKING ITALMOST IMPOSSIBLE FOR YOU TO SAVEFOR A DOWN PAYMENT ON A HOUSEAND BUY YOUR FIRST HOME?


IS YOUR MORTGAGE DEBT MAKINGIT DIFFICULT TO AFFORD OTHERIMPORTANT THINGS?



ARE HIGH CHILD CARE COSTS CAUSING YOUTO STRUGGLE FINANCIALLY OR PROHIBITINGYOU FROM STARTING A FAMILY?




IF YOU ANSWERED YES TO MOST OF THEABOVE QUESTIONS, IT’S LIKELY THAT YOU ARE

FINANCIALLY OVERWHELMED.




IT’S ALSO LIKELY THAT YOU ARE BEING AFFECTEDBY A SOCIAL PHENOMENON CALLED,

‘GENERATION SQUEEZE’ OR GENSQUEEZE.




GENERATION SQUEEZE IS A TERM THAT ISINCREASINGLY BEING USED TO DESCRIBE

CANADIANS BETWEEN THE AGES OF 25 – 45 YEARSWHO ARE FACING INCREASING FINANCIAL

CHALLENGES.




FACED WITH FINANCIALPRESSURES, THOSE AFFECTEDBY GENSQUEEZE MAY OFTENRELY ON DEBT IN ORDER TOMANAGE FINANCIALLY.




DEBT CAN QUICKLY SPIRAL OUT OF CONTROLAND BECOME PROBLEMATIC. IT CAN ALSOSEEM LIKE THERE IS NO WAY OUT OF THEENDLESS CYCLE OF DEBT.




FOR MANY MILLENNIALS AND GEN X'ERS,THE SITUATION CAN SEEM HOPELESS,HOWEVER, THERE ARE WAYS TOEFFECTIVELY DEAL WITH DEBT ANDMITIGATE DEBT PROBLEMS.




THERE ARE ALSO DEBT RELIEF PROFESSIONALSWHO CAN PROVIDE ADVICE AND INFORMATIONREGARDING THESE STRATEGIES.




WHICH DEBT RELIEF STRATEGY IS BEST?IT DEPENDS, SELECTING THE BEST LONG-TERMDEBT RELIEF STRATEGY IS A PERSONAL CHOICEAND DEPENDS ON MANY INDIVIDUAL FACTORS.




IT CAN BE A BENEFICIAL OPTION FOR MANY WHO ARESTRUGGLING TO DEAL WITH AND MANAGE THEIROVERWHELMING DEBT BURDENS.


BANKRUPTCY IS ONE EXAMPLE THAT

ALTHOUGH UTILIZEDAS A LAST RESORT,



IF YOU ARE FEELING THE GENSQUEEZE, IT MAY BEWISE TO SPEAK WITH A TRUSTEE IN BANKRUPTCYWHO CAN ANSWER YOUR BANKRUPTCY QUESTIONSAND ASSIST YOU IN DETERMINING WHETHER THIS ISTHE RIGHT STEP FOR YOU.




A TRUSTEE CAN ALSO SUGGEST OTHER,ALTERNATIVE OPTIONS, SUCH AS A CONSUMERPROPOSAL OR DEBT CONSOLIDATION




THEY CAN RECOMMEND CREDIT COUNSELLINGSERVICES TO HELP YOU GET BACK ON TRACK ANDDEAL WITH THE FINANCIAL CHALLENGES YOU FACE

AS PART OF THE ‘SQUEEZE’ GENERATION.




CONTACT YOUR NEAREST BDO OFFICE TO DISCUSSDEBT CONSOLIDATION AND RELIEF OPTIONS,

INCLUDING CONSUMER PROPOSALS OR FILING FORBANKRUPTCY AS A LAST RESORT.


DOWNTOWN EDMONTON TELEPHONE: (587) 782 3685

EMAIL: [email protected] EDMONTON PHONE: (587) 782 3556EMAIL: [email protected]



are you feeling financially squeezed?

Economy & Finance