7 January 2013
8 January 2013
What is“optimal” debt load after all?
We came across an interesting analysis of optimal debt load for Canadians and we couldn’t agree more! Every time Statistics Canada releases its next report, we see how our debt-to-income ratio rises to the record high level: in 1990 it was 84% and today it’s already 164.6%. As a result, many of us started thinking about how to reduce their debt load. This is a very good idea!.. Read more |