Preparing for Tax Time in Canada

It’s never too early to get your information ready, your files organized, and your financial plan prepared for tax season. Tax time can be a stressful time: make sure you’re ready and aware of the following information in order to make sure you can avoid…

How To Change Jobs Without Financial Stress

It’s a lot of work to find the job that’s perfect for you. Ideally it will have some combination of doing what you enjoy, providing for your financial needs, and helping you develop a career path. And not everyone sticks the landing on the first…

Burn Rate: Turning Down the Heat on Your Finances

In the startup world, the metric “Burn Rate” is often applied to help potential investors look at the viability of a new company. Put simply, how long (in months) would it take for a company to “burn” through all its cash reserves? A startup that’s…

Developing Your Record Keeping Skills

It can be a lot of work keeping track of your financial obligations, but it’s worth the effort: you’re able to stay on time and on budget more easily and avoid paying penalties for late payments. The same goes for record keeping: if you’re about…

Alternative Lending: Closing the Debt-to-Income Gap

We’ve talked a fair bit about the importance of debt-to-income ratios here at the Progressa blog. This fundamental ratio shows the relationship between how much you make, and how much you owe: for Canadians, it has leapt to historically high levels in recent years of…

The Alternative Lending Survey By Progressa

Alternative lending is still relatively new to many financial consumers. Not to mention the fact that a large number of non-bank or alternative lending providers have entered the marketplace in the last several years. We’ve had lots of questions about the processes that make our…