day people throughout our Island are struggling with financial stress. When
experiencing debt, it can feel like you’re alone and that you’ll never see the
light at the end of the tunnel. The truth is that, no matter your situation,
you have options.
name is Marianne Steel-MacSween. I am a Licensed Insolvency Trustee and the
President of the MGM Trustee.
more than 27 years, I have worked in the financial advisory field. I’m
passionate about helping people, find solutions to become debt free.
why I’m excited about this monthly column in partnership with The Victoria
Standard. My goal is to help answer questions about finances and provide
practical tips and advice to help people get out of debt.
my career, I have helped hundreds of people gain control of their finances.
Whether facing job loss, a major life change, an illness, or growing expenses,
everyone’s situation is unique. However, it’s been my experience, that most
face the same warning signs:
Consumed by financial stress
Living paycheck to paycheck
Borrowing from family and friends frequently
Losing sleep at night
On a cycle that never seems to end
Struggling to pay basic living expenses
the 12 months between October 1, 2016 to September 30, 2017, 1,026 Cape
Bretoners filed for either consumer proposal or bankruptcy.
to the Canadian Payroll Association’s 2016 Research Survey of Employed
Canadians, 39% reported being overwhelmed by debt and 38% indicated that they
would have difficulty meeting their financial obligations if their paycheque
was delayed by one week.
you relate to these statistics? If so, then this column is for you.
top of mind for a lot of us. It not only impacts our wallets and lifestyle, but
also is a major contributor to stress and overall mental health.
let’s dive in and start a conversation about how we can better manage your
finances and learn about what options are available when debt becomes too much
to handle on your own.
you ever wondered… what is bankruptcy? When is the right time to ask for help?
What simple changes can I make to save for my future? How will I ever get
I invite you to email me at firstname.lastname@example.org with questions you would like answered in this article, or just to chat more about your debt relief options.
For more than 30 years,
MacKenzie, Gillis, MacDougal Inc., Licensed Insolvency Trustee, operating as
MGM Trustee, has helped thousands of people take control of their finances.
With multiple locations throughout Cape Breton, our compassionate, knowledgeable
and experienced team is here for you.