We live in a society now that is heavily influenced by consumerism and what you have. Couple that with rising costs of living and it is no wonder that most Canadians are severely in debt. The article linked below looks at how much debt has impacted our society and puts the importance of paying down debt into perspective.
Millenial Moment: Most Canadians believe they will never be debt free
MoneySense.ca: “Making the move from your hometown to a bigger city in search of higher education, career advancement or independence can feel like a rite …
Financial Planning Advice from Canada's Top Financial Advisors