The Globe and Mail just published an online article about the continuation of rising consumer debt in Canada.  This is not a new message by any stretch of the imagination.

In fact, the Government of Canada has been screaming at the top of their lungs for Canadians to reduce their debt; although the message seems to be falling on deaf ears.

With seemingly strong global economic headwinds in the long-term foreseeable future (slow U.S housing recovery & looming European recession) …why aren’t Canadians getting the message?

Maybe they don’t even know

1. Why there’s a problem
2. What to do about it OR
3. How to execute

—->  Money In Your Mortgage <—- is our contribution to help educate Canadians with their largest financial debt …Their Mortgage!

Check this link out —> Money In Your Mortgage <—-

I have spoken to my friends before about “entitlement.”  As I’ve grown older, I’ve felt entitled to certain “things.”  This may be as simple as new clothing, the interior design of my apartment OR it can be more complex like a new vehicle, that dream vacation or a new house.

I grew up living with my parents as their consumer consumption increased.  Now as a I age through life I thought these consumer items should be within my financial reach.  Some of these items are not possible for me BUT many are because of my access to credit.

I personally carry zero consumer debt BUT I still FEEL entitled to certain lifestyle items.

I wonder how you feel about consumer debt and if entitlement plays a role in your purchase decisions?

Cheers,

Chad

P.S What did you think about the Money In Your Mortgage site?