Household debt is at an all-time high. In the current economic climate, household debt has been steadily rising, with no signs of stopping. Statistics Canada has a lot of great detailed information on the current state of household debt in our country, but it can all seem like a lot to take in. The real question on most Canadians minds is “How can I save money while paying off my debt?” The task is not as daunting as you think, as this infographic gives you a nice breakdown of where our money is going as well as some very simple tips on how to build that nest egg while maneuvering your debt.
