debt

We're all familiar with the old trope that money doesn't buy happiness. But recent research shows that's not entirely true

Do you toss unopened bank statements into the junk drawer? Does thinking about your retirement savings make you nauseous? If your answer is yes you are definitely not alone according to personal finance guru Alison Griffiths.

Canadians owe a boatload of money according to new statistics. The average measure of household debt in Canada just hit a record 151 percent of income – for every dollar we earn after tax, we owe $1.51. That money goes to pay off our mortgages, credit cards, credit lines and car loans.

In 2012, Canadians focused more on reducing debt than contributing to their retirement plan.

Adopt these healthy money habits over the next month to start the new year off on the right financial foot.