Blog - Faber

10 Tips to Create a Realistic Budget and Stick to It

With a mild recession projected for 2023, now is the time to take control of your financial health. Income growth is never inflation-proof. It may...

Declaring Business Bankruptcy in Alberta? Here’s How to Close Your Business

If your business has become overwhelmed with debt, company bankruptcy might be a course of action you want to take. When closing your business and...

3 Strategies to Reduce Your Debt

If you’re focused on minimizing or eliminating how much you owe, you may be wondering which debt to pay off first. Should credit cards be...

Consumer Proposals vs. Debt Consolidation: What’s Right for Me?

If you’re dealing with unmanageable debt and are looking to reduce it, you might consider consolidating your debt or filing a consumer proposal. These two...

What Is a Budget & Why Should You Start One?

Budgeting is one of the most powerful ways by which you can take control of your finances. It allows you to see what you’re spending...

How a Consumer Proposal Affects Your Mortgage

Home ownership is an important milestone for many, and determining a game plan to achieve that while dealing with a consumer proposal can be confusing....

What Happens When You Declare Bankruptcy in Alberta?

When it comes to debt resolution, there are a few options to consider. Declaring bankruptcy is often the quickest and least expensive route to take....

What Is the Best Way to Pay Off Debt Fast?

As you plan to pay off your debt quickly, you’re tasked with sorting many types of debt that have piled up over time. It can...

Why Do Companies Restructure Their Debt?

A business can face a financial crisis for various reasons. When a company defaults on lending terms, has unmanageable operating expenses, and its owners don’t take...

The Difference Between Personal Loans and Lines of Credit

Although personal loans and lines of credit have many similarities, there are a few key differences that separate these two types of lending products. Each...