Some of us will see just how much we spent over the holidays in the coming weeks as holiday bills start to arrive. Assistant Vice President of BDO Canada’s Parry Sound branch Mark Cooper calls it a debt hangover meaning that sometimes it takes weeks and months to recover.
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Cooper suggests stress test your debt with a debt calculator, check your credit rating, and most importantly create a debt repayment plan now. A debt calculator and more tips for managing your debt can be found at www.parrysoundmoneyproblems.com.