Welcome to the official blog of the Canadian Association of Insolvency and Restructuring Professionals! We hope you will enjoy insightful and informative posts by our team of expert bloggers on a wide range of topics, including individual, small business and corporate insolvencies, budgeting, financial planning, credit rebuilding and other money management tips for anyone looking to live a debt free life.
March 26, 2021 Teaching children about money can seem like a daunting task, especially if it’s not a skillset you have necessarily perfected yourself! But breaking down the core concepts of money and finances intoLearn More
February 12, 2021 With Valentine’s day rapidly approaching, here are some budget friendly suggestions to keep this occasion all about the love. These tips could easily be applied to other occasions such as anniversaries and birthdays, especially during these Pandemic times.Learn More
December 17, 2020 On a scale of 1 to 5, with 1 being “not at all” and 5 being “always”, how often do you impulse spend? This is one of the questions I use when doing the mandatory counselling sessions under the BIA.Learn More
November 19, 2020 As a Licensed Insolvency Trustee (LIT), one of they many duties we are charged with is reviewing an individual’s budget.Learn More
October 8, 2020 Many financial advisers and counsellors recommend saving a few months expenses to cover contingencies such as job loss. Insurance coverage for income loss may be an alternative for long term external factors beyond our control such as the current COVID-19 pandemic.Learn More