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Managing Your Debt Weight

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4 tips to becoming financially healthy in the New Year

 

After all the festivities and fun activities in the past couple of weeks with most of us going overboard with our spending, it is back to reality and time to make a few resolutions for the New Year. Your resolutions maybe along the lines of leading a healthy lifestyle by working out more and eating healthy and becoming financially healthy by curtailing non essential spending, paying off and reducing debts.  Here are four simple tips to that can help improve your financial health:

Image courtesy of Credit.com

Image courtesy of Credit.com

  1. Reducing credit card payments
  2. Curtailing & reducing non-essential spending
  3. Improving your credit
  4. Build your savings while paying off debts

Please read the full article on Credit.com for information.

If you are burdened with accumulated debts and would like advice on how you can improve your situation, speak to one of our agents at (866) 452-1100.

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Author: mimortgage.ca

David Hetti is a full time Mortgage Broker with Mortgage Intelligence (FSCO Lic MO8002434) David is the Director of Operations at Mortgage Intelligence Oshawa and heads a team of full time licensed Mortgage Agents serving all of Ontario. David is also a licensed Insurance Consultant.

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