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  • Ontario Bankruptcy Trustees - Kitchener, Waterloo, London, Windsor Bankruptcy Lawyers - Personal & Commercial Financial Credit Counseling - Adamson & Associates - 310John
    IN AVOIDING BANKRUPTCY AND EXCESSIVE DEBT In order to avoid any excessive debt and to be proactive in battling bankruptcy here are a few tips to help keep you on budget Only buy things when you can pay for them in cash If you are constantly using your credit cards and lines of credit to make everyday purchases you can quickly find yourself with more liabilities than assets which will hurt your credit rating and can lead to more serious debt problems Keep track of your purchases By using a monthly income and expense sheet you can monitor your spending and weigh it against your income to see patterns in your spending habits Use this monitoring to help you make wise purchases Don t spend more than you make If you are spending more than you make it means one of two things Either you are buying with credit or you are using your savings Spending more than you make is a fast way of getting into financial trouble and can lead to bankruptcy issues Pay your bills first As soon as you get a paycheque pay off the outstanding bills before spending money on anything else If you buy miscellaneous things before you pay your bills you may not have enough to cover the bills when you go to pay them This can hurt your credit rating and lead to further financial issues in the future Call your service companies and ask for an updated plan Sometimes outdated plans are much more expensive Service companies such as cell phones cable and internet frequently update their plans and reduce the costs but do not notify you of these changes that may benefit you financially Sell off some assets you don t need Selling recreational homes extra vehicles jewelry or home

    Original URL path: http://www.adamsontrustee.com/tips_to_avoid_bankruptcy.php (2016-05-01)
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  • Ontario Bankruptcy Trustees - Kitchener, Waterloo, London, Windsor Bankruptcy Lawyers - Personal & Commercial Financial Credit Counseling - Adamson & Associates - 310John
    advice from a Licensed Trustee John Adamson of Adamson Associates is an expert at settling debt problems He will explain the pros and cons regarding your options of a debt repayment plan a Consumer Proposal or filing for Bankruptcy to resolve your financial challenge What is Credit Counselling Credit counselling also known as a debt management program allows you to consolidate certain debts like credit cards and unsecured loans Usually the credit counsellor will negotiate a reduction and often the elimination of interest for a period of time In order for the program to be successful all creditors must agree Some types of debts cannot be included such as government debts Because you have to repay all of the debt your monthly payments are usually higher than in a consumer proposal Also 100 of your creditors must agree to your debt management program if it is to be successful In a consumer proposal by a Trustee you only require a majority of your creditors majority by dollar value to accept the proposal and when that happens the other creditors are legally forced to accept the proposal Once the proposal is filed by a Trustee creditors or collection agents may not call you or garnish your wages What is a Credit Counsellor A Credit Counsellor is an individual who can assist you with your debt problems with the goal of helping you avoid filing for bankruptcy For a fee they will assist by setting up a debt repayment plan usually over a period of up to 5 years to present to your creditors Once the plan has been accepted by your creditors you start making your monthly payment to the Credit Counsellor They collect their fees and forward the balance to your creditors to pay the outstanding debt The two types of Credit Counsellors are Independent Credit Counsellors and non profit Credit Counsellors Non profit counsellors get their funding from credit grantors like credit card providers stores and banks CREDIT COUNSELLING FAQ S What is the effect of a Debt Repayment Plan on my credit rating Once your debt repayment plan is structured by your Credit Counsellor it is submitted to the credit reporting agency also referred to as the credit bureau This information remains in their records and will be removed 3 years after the debt repayment is complete What is a Debt Repayment Plan Debt Management Plan monthly amount Credit counsellors offer a plan to repay your debt In determining what amount should be paid your total unsecured debt is divided by 60 months and that is usually what your payment becomes In a consumer proposal offered by a trustee the amount that you repay your creditors can be compromised which allows the payments to be lower and more manageable USE CAUTION GET THE FACTS Credit Counsellors are unregulated and some may charge a fee for information you can get for free from a Trustee in Bankruptcy or Consumer Proposal Administrator Consumer Proposal Administrator is also a Trustee in

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  • Ontario Bankruptcy Trustees - Kitchener, Waterloo, London, Windsor Bankruptcy Lawyers - Personal & Commercial Financial Credit Counseling - Adamson & Associates - 310John
    license passport employers Credit and Transactions credit cards loans internet and mobile phone accounts lines of credit and mortgages may appear It shows when accounts were opened amounts owing if payments are made on time if you missed payments and if you go over your credit limits Banking Information accounts including NSF bad cheques and closed accounts due to money owing or fraud Public Records information on public record like Bankruptcy credit related court judgements and liens on assets like cars and your home Collection Information when an agency pursues a debt for collection Consumer Statements about fraud alerts identity verification and disputes Credit Report Inquiries from lenders or organizations who request your report How does the credit rating system work The credit rating system contains a combination of numbers from 1 to 9 and letters representing the type of credit obtained A rating of 1 is the best rating and means you make your payments within 30 days of the due date 9 is the worst rating and means the lender has sent your file to the collection agency or you have filed a debt repayment plan Consumer Proposal or Bankruptcy The letters used are explained as follows I you borrow a fixed amount of money over a fixed amount of time and repay it in fixed amounts on a regular basis as in a car loan until it is paid off O means open credit where you borrow as needed to a certain limit and the balance is due at the end of the period as in a line of credit R means revolving credit where you make varying payments based on the balance owing and you can borrow up to your limit as in credit cards M is a mortgage A payment chart shows your payments over the last 2 years A payment scale indicates the number of times you made a payment 30 60 90 days after the due date What does a Credit Report look like Click on the links below to see samples of Credit Reports from Equifax and Trans Union Equifax Credit Report TransUnion Report WHAT IS A CREDIT SCORE A credit score is a mathematical calculation based on the information about your financial situation at a specific point in time It also indicates the risk you present to other lenders compared to other consumers The better you are about paying your debts on time and in full the better the score Credit reporting agencies use a scale from 300 to 900 where the higher the score the lower the risk for lenders to give you credit Some lenders can also use your score to determine interest rates they will charge you on your issued credit CREDIT SCORE FAQ s What factors influence my credit score The following is a list of factors that can affect your credit score Your payment history balances carried from month to month and missed payments are a negative on your score Make payments on time and in

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  • Ontario Bankruptcy Trustees - Kitchener, Waterloo, London, Windsor Bankruptcy Lawyers - Personal & Commercial Financial Credit Counseling - Adamson & Associates - 310John
    Kitchener Waterloo Chatham Windsor STOP Creditor Calls Wage Garnishment Threatening Letters Payday Loans KNOW YOUR OPTIONS And keep your house and car START FRESH Debt Free Stress Free FREE CONSULTATIONS Just call 310 JOHN And your debt worries will be gone We can help you avoid bankruptcy KNOW YOUR OPTIONS COUNSELLING AND GAMBLING HELP Many financial situations where personal debt obligations are not being met have an underlying reason that may not be associated with reduced income due to job loss Some debt problems are found to be a direct result of a substance addiction or gambling problem We can point you in the right direction to get help and in turn assist in getting your financial problems under control through a debt repayment plan a consumer proposal or filing for bankruptcy if needed If you or someone you know is struggling with a gambling problem there is free confidential counselling available across Ontario for gamblers and family members affected by the gambling problem and its emotional and financial effects There are also anonymous groups for both family and the gambler The Ontario Problem Gambling Hotline is 1 888 230 3505 What is Gambling Gambling is risking something of value on a game of chance as in casino games slots video lottery bingo playing cards lottery tickets scratch tickets Nevada tickets break open tickets sport betting and horse betting internet betting stock markets What are the signs of a gambling problem A gambling problem is evident when gambling interferes with important things in your life like your job paying your household bills paying off your debts your relationships and your health It is imperative that you seek help as soon as possible to get back on track both health wise and financially Gambling can easily and quickly put you into

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  • Ontario Bankruptcy Trustees - Kitchener, Waterloo, London, Windsor Bankruptcy Lawyers - Personal & Commercial Financial Credit Counseling - Adamson & Associates - 310John
    your debt under control Sometimes when this situation has placed someone in a severe crisis financially the only options left to relieve their indebtedness are to present their creditors with a consumer proposal or file for bankruptcy Refraining from obtaining Payday loans can help in keeping you from further financial problems What is a Payday Loan A payday loan is an advance of funds or short term loan against your next paycheque given to you with a very expensive fee and high interest charges You have to promise in writing to pay the lender back when you receive your next employment cheque usually within 14 days The lender typically advances you 30 to 50 of your take home pay You will need to provide proof of income a bank account your address and sign a loan agreement with them Be sure to read this agreement carefully before signing it You may also be required to give the lender a post dated cheque allow the lender to deduct the full amount from your bank account or you may have to return to the lender in person to pay it directly Be aware that paying your Payday loan on time does not improve your credit score PAYDAY LOAN FAQ s What is the cost of payday loans compared to other borrowing options We have provided you with an easy to understand chart called Payday loan cost vs other ways of borrowing This chart will show you how much more a payday loan will cost versus a line of credit overdraft protection or cash advance on a credit card What are other alternatives to Payday Loans Your financial institution may be able to help with A line of credit Overdraft protection or Cash advance on a credit card What happens if I can t pay back the payday loan on time If you do not pay back your Payday loan as promised the lender may charge you a penalty fee for non sufficient funds NSF which is usually 20 50 Your bank may also charge you another fee if your account was short the total amount the lender tried to take from your account Interest charges will continue to build on the total amount you owe to the lender as well These extra charges make if even more difficult to pay off the loan As well the lender may try to contact your friends family and even your employer to locate and speak with you regarding the collection of the debt If you do not respond or pay back the loan your credit score could drop when the lender sends your file to the collection agency If it goes to the next step and you end up in court being sued the court can then set in motion a wage garnishment or take your assets property you own to pay the debt What should I consider before taking a Payday Loan Consider the following before taking out a payday loan Can you manage

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  • Ontario Bankruptcy Trustees - Kitchener, Waterloo, London, Windsor Bankruptcy Lawyers - Personal & Commercial Financial Credit Counseling - Adamson & Associates - 310John
    have to pay in tax like tuition fees some monthly expenses moving costs and transportation costs Make sure you obtain the necessary documents from your school and include these documents with your Income Tax Return As mentioned earlier having extra tax deducted on each pay is an easy way to save and then you can use this refund towards tuition fees loans credit card payments line of credit payments investments or purchases like a car or a trip Keep in mind that your necessary needs should be considered before your desires to try to keep your debt to a minimum to avoid financial problems Back to Top CREDIT Credit can be a good thing if handled carefully Poor management can result in substantial debt problems Having said that there are several things to consider when you need to borrow money to meet your financial needs while attending school When taking on a loan or using credit keep in mind this eventually has to be paid back so have a plan on how you will afford to do this so your debt can remain under control In order to borrow money you need to familiarize yourself with interest rates Interest is the cost of borrowing money and the rate is the percentage of interest charged Short term loans tend to have a lower interest rate than long term loans because short term loans present less of a risk to the lender that they will get their money back Always shop around for the best rates offered by financial institutions When applying for a loan you will be asked about your credit rating A credit rating is created and recorded at a credit reporting agency like Equifax or Trans Union Your credit history is a record of your finances and your handling of payment to your creditors lenders Based on this information you receive a credit rating that can negatively change over time should you not maintain a good payment history It is imperative that you make all payments on time and in full if possible as this rating can affect future applications for credit or loans and housing applications since your prospective landlord will make an inquiry and decide whether you are a good candidate or a risk Back to Top STUDENT LOANS You can apply for and obtain a student loan from the government OSAP or from financial institutions The benefit of OSAP is that the government pays the interest on the loan while you remain a full time student The interest and repayment of the loan starts once your education is completed The downfall is that at the end of your studies you have compiled substantial debt This is where you might choose to use your savings you have accumulated as set out in your budget Check with your financial office at your school should you have questions with your application You can also log on to the OSAP website for more information and the application process Back to Top CREDIT CARDS A credit card may be essential to help you meet or bridge expenses you may encounter while going to school There are however pros and cons to using credit so it is important you follow some guidelines in order to avoid falling into debt that you may struggle to get out of Using credit can allow you to make purchases and be billed later allow you to earn points on some cards for items you would have to purchase anyways and then you can use the earned dollar reward points for purchases or free items i e Shoppers Drug Mart Optimum points if you pay your credit card balance in full by the due date no interest is incurred you can make purchases over the phone or the internet Some of the dangers of relying on credit are it can affect your credit rating if you do not pay by the due date which will affect future credit approval for housing or a loan credit cards are more expensive than a line of credit or a personal loan with interest rates reaching as high as 29 in some cases you may be tempted to spend more you might acquire more debt than you can handle which if not kept under control can lead to major financial problems in the future Remember to shop around for the credit card that best suits your needs and consider the following special student rate cards credit limit annual fees interest rates payment periods reward programs balance protection insurance credit card fraud Back to Top PERSONAL LINE OF CREDIT A personal line of credit is a loan from a financial institution in which there is a credit limit however you can access the money as needed and pay a much lower interest rate on only the amount you use until you pay it back Do not get yourself into the habit of considering this to be extra money to spend freely or you may find yourself in more debt than you realize Again shop around as rates offered may be different at different financial institutions Back to Top PERSONAL LOAN A personal loan is given for a specific amount of money to purchase items like furniture or a vehicle and the interest rate and terms of the loan are set and fixed at the beginning of the contract You are responsible for a specific amount each month that you will have to work into your budget until it is paid back in full This amount will include a portion of what you borrowed principal and interest calculated as per the loan agreement Looking for the best interest rates offered will help you to save money Having a fixed loan may allow you to budget better monthly but remember the reality of being able to pay it back on time so you don t hurt the great credit rating you are trying to establish for yourself Back to Top INSTALMENT PLANS We all want and sometimes need items like a television or appliances You can purchase these items at many retailers that offer instalment plans for payments The benefit is that you can have the item immediately but pay monthly The seller however owns the item until the final payment is made in full so be aware that if you fail to make payments as per the contract signed the retailer can repossess the item You should also be aware that the price has been increased by the seller to take into account interest charges Buy now pay later deals sound wonderful but remember the total amount is due in for example one year but interest may be charged from the date of purchase so be clear about the terms of the contract and pay it back on time to avoid further charges fees and increased debt Back to Top MORTGAGE A mortgage is a long term loan with interest used to purchase a home and that home is then used as security against the loan if you cannot or do not make payments against the loan This means the bank can take back the house and sell it if you default on the payments There are different types of mortgage loans such as open closed fixed or variable interest rates There are also several options to consider like the term payment schedule and amortization Speaking to a bank manager can enlighten you on these terms and then shop around for the best offers available It is important to be realistic about how much you can afford to apply to a mortgage while taking into account all of your financial obligations Just because a financial institution says you qualify for a mortgage amount based on their calculation they do not know your life and spending habits outside of your utilities credit and loans So if you enjoy recreational activities like to entertain or even take trips remember to allow for these expenses in your calculation so you do not exceed your spending limits Also keep in mind whether you will be able to continue to make your payments should there be a change in household income The more you can save to put as a down payment on a home the less you have to borrow and the less interest you will have to pay to someone else Owning a home is very exciting but living within your means and being able to enjoy life without the worry of spending all of your hard earned money on your home without the flexibility and freedom to spend a little on other things you want or need can be very stressful In turn stretching yourself too thin financially can affect relationships and lead to debt problems if not handled carefully Back to Top BANK ACCOUNTS SERVICES AND FEES Accounts There are several financial institutions wanting your business but it is important to understand the types of accounts services and fees available before opening any account After all this is your money your savings and your finances so understanding and looking for the best options to suit your needs is key and will also save you money Using the right bank account has many benefits like special rates for student accounts save and earn interest pay bills write cheques and use of the ATM statements to keep records of all of you income monthly expenses and purchases to balance your budget you establish a history with a bank which helps when applying for a credit card or loan There are 3 types of bank accounts offered savings chequing or mixed depending on the financial institution you choose Savings Account pays interest withdrawals service charges may be higher for transactions limited transactions but a good choice if you intend to save and have little activity Chequing Account more transactions allowed in branch banking or ATM use cheques lower service charges interest earned is lower great for day to day management of your money like paying bills or making purchases Mixed Account is a combination of both savings and chequing account privileges Services Banks offer many services and options to take care of your day to day finances like Internet online access to handle account transfers check balances pay bills keeps a record of all of your monthly transactions Telephone banking automated or speak directly to an agent to handle account transactions details about transactions bill payments and balances Interac make in store purchases ATM withdrawals deposits balances bill payments and transfers certified cheques money orders travellers cheques credit cards loans lines of credit and mortgages Fees Bank fees are charged for services based on how often you use them for transactions like cheques withdrawals ATM use Many offer plans to choose from to suit your individual needs Note that independently owned ATM machines will charge an extra fee as well as your financial institution These fees can add up to 3 or 4 dollars per transaction so it is best to use an ATM owned by your own bank and make sure transactions are covered in your monthly fee so you don t pay an additional charge Electronic services generally cost less that using in branch services Some bank accounts require you to maintain a certain minimum balance at all times in your account to avoid fees Try to minimize the number of withdrawals made and withdraw what you need for the week to avoid further fees if you go over your transaction limit To save money you can also make a cash withdrawal during a purchase transaction at a retailer as you are not charged for a separate transaction Back to Top SAVINGS TIPS Make saving a priority It is highly recommended your budget allows for savings no matter how little as it will add up over time Other things you can do to save money to put you in a better financial situation are Avoid interest charges by paying debts and utilities before the due date Remember to allow for 5 business days for your payment to be received by the creditor Student rates always ask if there are student rates or use an SPC card for discounts Coupons deals look for coupons online as there are many coupon websites that you can print coupons and use for groceries look in flyers and magazines for deals on movies and restaurants Books return books to the library on time to avoid late fees buy second hand re sell those you no longer need Buy Sell there are many great websites like buy sell sites on Facebook where people in your own community are looking to sell new and used items from clothing to furniture and electronics etc at great prices Bus Pass buy a monthly bus pass as it is cheaper than paying day by day Groceries shop flyers first make a list and don t impulse buy and remember your coupons no name products are cheaper Cook make meals ahead of time to avoid temptation to buy on the go make a lunch invest in a slow cooker and your meals will be ready when you get home Insurance shop around for the best quote if you have a car and a home with the same company you may get better rates Back to Top EMPLOYMENT Being financially independent is about being able to support yourself and gain independence maturity and a sense of pride Some may still need to rely partially on parents for financial assistance during their post secondary education as costs can be high and time for employment may be limited Try to make your education your priority and focus not employment if you can as it will ultimately determine your future of realizing your financial goals If you find yourself needing to work to meet your expenses try to work around your school scheduling requirements not the other way around Although continuing at your high school job may seem convenient you may want to find a job more reflective of your interests in post secondary education one that pays more with respect to your present qualifications and one that provides more experience in different fields as employers look for this on resumes Your school also hires students as well so check with your financial aid office Co ops and internships usually offer higher pay rates have paid work terms provide more experience and diversity that employers are looking for and you will be able to establish important contacts for future reference Check with your school administration if interest or need questions answered Once home for the summer try to find summer employment in your field of interest or in public service for the Government of Canada www jobs gc ca as it offers better wages regular hours and you will gain valuable experience professional contacts and possibly a future permanent position Other places to look are the private sector or employment placement agencies who provide names to businesses looking to hire Back to Top HOUSING Once accepted into post secondary education you must then decide if you will continue to live at home stay in their dorm or rent off campus It can all be very stressful so we will discuss pros and cons of each scenario to help you decide which option is the best financial decision to make for yourself Living at home can be the most economical but many want to venture out to gain further independence have the full post secondary experience or to relocate if attending out of town Leaving home can be an exciting time but keeping your finances in order can be challenging Establishing a budget and your capabilities to meet your budget is crucial to financial independence Determining how much everything will cost is key When considering whether to stay home rent with friends or stay at a conveniently located dorm with amenities consider the following expenses and your priorities rent costs heating electricity internet cable insurance telephone initial hook up charges for utilities laundry groceries transportation social activities service fees recreational memberships meal plans Dorm life has many advantages closer to school for safety possible walk home service easier attendance for social and organized activities cleaning service no lease to sign rental houses require a 12 month lease all fees paid to school in 1 monthly payment rent bills services problems with the unit is the school s responsibility not yours The pros of Off Campus living are more independence responsible for managing all of your bills rent etc maintain your own space usually larger living area decorate and personalize your own place share costs with roommates must sign a lease a legally binding agreement between you and the landlord for a 12 month period at a set cost that sets out your obligations with payment due the first of each month Be sure to read agreement fully before signing as it is binding keep a copy inspect the unit and be sure to record any problems on the inspection report so as not to be held responsible at a later time When renting you should ask questions before entering into an agreement so you are clear about your obligations toward the lease Also refer to the landlord and tenant act to know your legal rights should you run into problems with the landlord Here are some questions and requests you can make pets allowed request locks to be changed take someone with you that you trust check things to make sure unit is in working order like run the water flush the toilet check the locks work and open windows how long is the lease what are the monthly utility costs heat hydro water is cable and internet included can you adjust the heat or is it set are appliances included laundry facilities on premises and is there an extra cost who is responsible for yard care and taking out the garbage is it a safe community ask about noise level

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  • Ontario Bankruptcy Trustees - Kitchener, Waterloo, London, Windsor Bankruptcy Lawyers - Personal & Commercial Financial Credit Counseling - Adamson & Associates - 310John
    need to know are Net Income or Disposable Income is the portion of income you can spend after paying taxes and your regular expenses Fixed Expenses regular expenses like rent and phone Variable Expenses regular monthly expenses but the amount changes Incidental Expenses expenses that don t come up regularly like medical or gifts PREPARING A BUDGET MAKING CHOICES Another simple but great tool for your teen is a monthly calendar budget Be sure to enter how much you get paid on your paydays Then write down all of your expenses on those specific days so you can make sure you have sufficient money in your bank to cover those expenses as they come due This can ultimately affect your financial rating when applying for credit renting your first apartment getting a home or buying a car Remember to make sure you have money left at the end of each month to carry you through until you get your next employment cheque Remember to collect all pay stubs and receipts for purchases and bills you may have to see what your spending is like over the course of the month Even the variety store purchases and bus trips add up Calculate your total monthly expenses and deduct if from your total monthly pay to determine if this budget will work for you If not you will need to make some adjustments to what you can spend or consider another way to make more money Doing a projection budget is a fun way to plan for your future and will also show you the reality of what your income needs to be in order to meet expenses of going to university moving out on your own getting that first car or purchasing things you really want to acquire Try researching the cost of rental housing car loans insurance and utilities Being ahead of your budget needs by saving or getting a better job will help you to live the standard of living you set for yourself and also allow you the privilege of luxuries in the future like special purchases and trips Follow the links and share the samples of a Simple Budget a Budget Activity a Calendar Budget and a Monthly Income and Expense Statement to help your teen understand how budgeting can assist your teen to understand the importance of tracking their spending and how to save and plan for purchases they wish to make in the near future Back to Top INTEREST Interest is the fee charged on borrowed money for you to have the instant access to money you don t have like a credit card to pay for a purchase at the mall Every month you are then required to make a payment towards the purchase you made plus interest the lender charges you if you do not pay the whole amount owing in full Interest rates can vary up to 29 per year depending on the lender so it is very important to compare lender s offers before you ever accept any credit card Many lenders will send offers in the mail so be smart and ask if you do not know whether it is a good offer or not The money you save in interest can afford you other wants or needs An Example of Interest charged due to late payment of your credit card bill Amount due 100 Time on Credit Card 1 month Annual Interest Rate 29 Calculation of Interest 100 x 29 29 00 29 12 months 2 42 2 42 x 1 month elapsed 2 42 THEREFORE the amount that you owe went from 100 to 102 42 because you did not pay the 100 balance before the due date Back to Top CREDIT Obtaining Credit means receiving a loan which allows you to obtain goods or services immediately Using credit also allows you to establish a good credit rating so you can continue to borrow in the future for things like a car or a home Credit can be a very good thing but can become a huge problem if you do not have income to pay off the debt right away When debt is not paid interest is charged on the remaining balance until paid so this can become very costly You should budget to pay off your credit card balance in full each month Some debts on credit like a home mortgage are good but debt from a spending spree is not Back to Top FINANCIAL RESPONSIBILITY Take the time to guide your teen and discuss financial responsibilities like earning money preparing a budget finding a job and income tax Be positive and encouraging while sharing your experiences and successes Allow your teen the freedom to make choices spend their money and also ask them to share in some non essential purchases to instill responsible spending habits Also discuss the importance of managing a budget not over spending legal responsibility of loans and credit cards and preparing your yearly income tax Try not to scare them with stories of collection agencies legal actions or home repossessions Explain the impact tax deduction on a paycheque has on their gross income and the result is their net income Explain that at the end of the year they will file an Income Tax Return to compare the deductions made from their pay over the year to what the government guidelines say they should have paid If there is a difference in their favour they will be reimbursed Explain also that these tax deductions are used to improve communities with things like roads parks hospitals schools and public transit Back to Top PART TIME JOB SEARCH Take the time to encourage motivate and guide your teen in their part time job search Ensure that the job does not interfere with school or become a burden resulting in a negative attitude Jobs at this age are limited but babysitting yard work and animal care are a few great places to start until

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  • Ontario Bankruptcy Trustees - Kitchener, Waterloo, London, Windsor Bankruptcy Lawyers - Personal & Commercial Financial Credit Counseling - Adamson & Associates - 310John
    In addition to working in the field John has written and presented papers to the profession on numerous occasions taught at the National Insolvency Qualification Program and was a guest speaker at the 2011 CQP In 2009 John was called upon and accepted by the Court as an expert qualified to testify and provide evidence about bankruptcy matters at a tax evasion trial where a bankruptcy was involved In 2014 John wrote an article on repeat bankruptcy filings and counselling which was published and distributed nationally by the Canadian Association of Insolvency and Restructuring Professionals CAIRP John is a very approachable person who is easy to talk to Just ask him WHY CHOOSE ADAMSON ASSOCIATES My name is John Adamson Trustee in Bankruptcy Choosing the right Trustee to guide you through your Consumer Proposal or Bankruptcy is an extremely important decision My Staff and I at Adamson Associates are licensed by the Federal government and have expertise and extensive experience helping people understand their options to obtain relief from creditors We are also people just like you and can relate to unforeseen circumstances job downsizing or layoff unexpected but necessary expenses increasing family costs or simply difficulties managing finances The reason isn t important but what we can do to help you get out of debt and get your life back is We will guide you every step of the way with personal consultation and necessary information to reduce anxiety in the future Working with you to make a fresh financial start is the most rewarding part of our job as Trustees Our Team When you choose Adamson Associates you will be choosing a dedicated professional staff who will guide you each and every step of the way Our team of qualified experts have vast knowledge and experience which will

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