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RWRDS Daily Update – January 12 Jan 12th
70,000 point offer on the National Bank World Elite Mastercard extended & Avion Rewards 25% bonus on Pay Credit Card with Points redemptions. Check out today's points and miles updates here:
The post RWRDS Daily Update – January 12 appeared first on Rewards Canada..... More »
Receive up to an 80% bonus when you buy Aeroplan points + MORE Oct 17th
Aeroplan is out with another buy or gift points promotion where you can buy Aeroplan points with up to an 80% bonus. This offer runs until October 25, 2023 and is awarded on purchases of 15,000 points or more. If you purchased points during the July promotion you’ll automatically receive an extra .... More »
RWRDS Daily Update – November 9 + MORE Nov 9th
Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Cobalt Multipliers in the UK Another update to our American Express Cobalt Card Confirmed Multiplier Locations. Thanks to MCG whose wife is in the UK and using her .... More »
Clash of the Credit Cards! Desjardins Cash Back World Elite®Mastercard® vs. Scotia Momentum® VISA* Infinite card + MORE Sep 27th
Welcome to another Rewards Canada Clash! This time in our Clash of the Credit Cards we pit two very strong cash back cards against each other! Those cards are the Desjardins Cash Back World Elite®Mastercard® and the Scotia Momentum® VISA* Infinite card You will also find this Clash poste.... More »
Apple Card could kickstart the move of credit cards onto smartphones + MORE Mar 25th
Apple’s new credit card has the potential to disrupt the credit card business in the same way Uber and Lyft disrupted the taxi industry, according to a digital marketing expert..... More »
How a young couple can kill $142,000 in debt and start investing
– moneysense.ca
iStockJulie and David live in Calgary with their two daughters, ages 10 and 7. David, 40, is a cable technician earning $150,000 annually while Julie, 37, works part-time at a retail store near home earning $6,000 annually. In 2014, their lives changed when David fell on the job and injured his left side, leaving him disabled for two years.
Through physiotherapy, massage therapy and other alternative medical care he has been able to make an almost complete recovery. “It’s been a long road but David is now back at work and is able to function at about 90 per cent of his previous abilities which is wonderful,” says Julie.
For the months that David was off work, the couple quickly started drowning in debt. Right now, they have about $142,000 in debt that includes $46,000 in high interest rate credit card debt, an $11,000 car loan, a $5,000 student loan, a $12,000 bank loan, a $52,000 line of credit, $1,250 in bank overdrafts as well as $14,000 from family and friends.
As renters, they have no mortgage but they’ve still managed to load up on debt…
