SCB Blog
The Benefits of Taking a Financial Fast and How to Get Started
In today's fast-paced and consumer-driven society, it's easy to get caught up in the cycle of spending and constantly striving for more. However, taking a step back and adopting a more mindful approach to our finances can have numerous benefits for both our bank...
5 Essential Tips for Teaching Kids About Money Management
Teaching kids about money management is a crucial life skill that can set them up for financial...
Understanding the Consequences of Ignoring Creditors: A Guide to Dealing with Debt Collection Calls
Dealing with debt collection calls can be a challenging and stressful experience. However,...
How an Insolvency Filing Impacts Your Credit Score
If you're considering filing for insolvency in Canada, it's important to understand how this...
The Ultimate Back-to-School Shopping Guide: Crafting an Effective and Budget-Friendly Shopping List
Going back to school can be an exciting time for students and parents alike. However, it can also...
How to Safeguard Your Finances and Future Amidst Economic Uncertainty
In times of economic uncertainty, it is crucial to take proactive steps to safeguard your finances...
The Psychology of Retail Therapy: How to Avoid Credit Card Debt and Master Financial Discipline
In today's consumer-driven society, the allure of retail therapy can be hard to resist. Whether...
Top Financial Pitfalls to Avoid After Graduation
Graduating from university or college is an exciting milestone. It signifies the end of a chapter...
Overcoming the Challenges of Budgeting: A Guide by SCB
In today's fast-paced world, managing finances can be a daunting task. From keeping track of...
The Impact of Debt on Your Children’s Financial Future
Debt is a common concern for many individuals and families in Canada, and its impact can be...
Five Things to Know About Collection Agencies in Canada
Canada is no stranger to collection agencies, and many Canadians have encountered the experience...
The Ultimate Guide to Understanding Debt Consolidation Loans: Pros and Cons
Dealing with debt can be overwhelming, especially when you have multiple creditors to pay each...
The Impact of Bankruptcy on Your Spouse: What You Need to Know
If you are considering filing for bankruptcy in Canada, it is crucial to understand the potential...
How to Choose Between Bankruptcy and a Debt Management Plan
Living with debt can be a heavy burden that takes a toll on your financial well-being and peace of...
Understanding the Differences Between Bankruptcy and Consumer Proposals
Bankruptcy and consumer proposals are both debt relief options available to individuals who are...
Create an Effective Debt Repayment Strategy: A Step-by-Step Guide
Struggling with debt can be overwhelming, but with a well-structured repayment strategy, you can...
The Importance of Financial Health for Your Overall Well-being
In today's fast-paced and interconnected world, it is essential to understand the importance of...
How to Qualify for a Mortgage After a Consumer Proposal
If you've recently gone through a consumer proposal, you may be wondering how to rebuild your...
Why Life Insurance is Essential: A Guide to Making the Right Decision
Life insurance is a financial tool that can provide peace of mind and financial security for you...
Navigating Bankruptcy and Divorce
In today's challenging economic climate, many couples find themselves facing the difficult reality...
A Guide to Bankruptcies in Canada
In Canada, understanding the bankruptcy process is crucial for those facing financial...
How Does Wage Garnishment Impact Your Credit Score?
How a Consumer Proposal Can Help You Avoid Bankruptcy and Regain Financial Stability
Are you struggling with overwhelming debt and considering filing for bankruptcy? Before taking...
The Ultimate Guide to Understanding Debt Consolidation Options
If you find yourself struggling to manage multiple debts, debt consolidation may be a viable...
Top 9 Tips to Saving for Retirement in Canada
Am I Eligible for a Consumer Proposal?
If you are struggling with debts and looking for a viable solution, a consumer proposal may be a...
How To Tell Bad Debt From Good Debt
Debt is a concept that plays a significant role in personal finance. It can either work in your...
A Guide to Pre and Post-Tax Season Financial Planning
Now that tax season is over, it's time to shift our focus to post-tax season financial planning....
How Best to Prepare for Tax Season in Canada
Tax season can be a stressful time for many Canadians as they grapple with the complexities of the...
The Pursuit of Happiness: Balancing Experiences and Material Wealth in Personal Finance
In the dynamic world of personal finance, one of the most intriguing and enduring debates centres...
Reevaluating Your Banking Choices: A Comprehensive Guide for Canadians
In the financial journey of most Canadians, the choice of a banking institution is a significant...
Unwrapping Financial Wisdom: Top 8 Money-Saving Tips for the Holiday Season
Introduction As the festive season approaches, the air fills with joy, laughter, and...
AI’s Influence on Personal Finances: A Guide to Harnessing AI Tools
AI's Influence on Personal Finances: A Guide to Harnessing AI Tools Introduction In the dynamic...
Unlocking the Value of HELOCs in Canada: Maximising Benefits and Smart Usage
Unlocking the Value of HELOCs in Canada: Maximising Benefits and Smart Usage Introduction For...
Navigating Investments in the New First Home Savings Account
Two of Canada's leading banks have noted an influx of interest from young Canadians towards the...
Mortgages and Their Role in Fueling Inflation
Recently Canada's central bank raised interest rates once more due to the lingering impact of...
Top Tips for Selecting the Perfect Financial Advisor
The Rising Demand for Expert Financial Guidance In the wake of over three turbulent years marked...
How To Save Money On Your Taxes With A Side Hustle
The Gig Economy in the Age of COVID-19 In the shadow of COVID-19 and successive lockdowns, the...
How Age Affects Your Debt
Everyone has some sort of debt - whether it's a home loan, car loan, credit card balance, or...
Applying the PERMA Framework for Conscious Spending
Do you find yourself stuck in a cycle of constant saving, with the inability to truly relish the...
6 Money Secrets You Should Learn in Your 20s
When it comes to personal finance, most young people tend to overlook its importance. But as we...
Do You Really Need a $1.7 Million Nest Egg To Retire?
Bursting the $1.7 Million Bubble Hey there! Ready to explore the million-dollar question that's...
Navigating Unforeseen Tax Liabilities: A Comprehensive Guide
Unraveling the Mystery of Unexpected Tax Bills Tax season can often bring a mixed bag of...
Understanding Consumer Proposals: A Real-World Scenario
Introduction Consumer Proposals can be a lifeline for Canadians struggling with unsecured debt....
Five Best Practices for Escaping Debt and Maintaining Financial Freedom in Canada
Introduction Debt can feel like a mountain that's difficult to climb. But with the right plan and...
Navigating the Debt Crisis: The Challenges and Solutions for Canadian Millennials
Introduction Canadian millennials are grappling with a financial crisis unlike any other...
Understanding Consumer Proposals
Introduction A consumer proposal is a formal agreement between you and your creditors to pay your...
What is a Licensed Insolvency Trustee
Introduction Licensed Insolvency Trustees in Canada are federally regulated professionals, who can...