Mounting debt can be a cause for stress and sleepless nights. Credit card debts, high-interest loans, and lines of credit build up over time, and if you over-rely on loans to get by, you can wind up in deep trouble. Just as it takes time to get into debt, it takes time to get out. But at a certain point, it can feel like an impossible task.
If you’re unable to increase your income or cut expenses or can’t make more than minimum payments, it’s time to find another solution. The good news is that even if you feel like the situation is hopeless, there’s always a way to find debt help. It’s time to talk to a licensed insolvency trustee.
Who Are Licensed Insolvency Trustees?
Licensed insolvency trustees are independent professionals. Although they’re regulated closely by the government, they do not work for the government or for credit companies. While they do evaluate your finances and help you by explaining your options, they don’t really work for you either, the way a lawyer might.
They’re tasked with finding a fair solution that will get you out of debt and allow your creditors to recover something. Licensed insolvency trustees most often work for a firm, such as Debt Help BC, a company that provides debt help on Vancouver Island including bankruptcy and consumer proposals.
Bankruptcy vs Consumer Proposals
Licensed insolvency trustees in BC are the only professionals who can help you file for bankruptcy or get a consumer proposal. These are two debt help solutions that can reduce your total debt, stop interest from growing, stop collection calls and actions, and put a fixed timeline on settling your debts.
The two tools accomplish the same result differently. In a bankruptcy, your debt is settled once:
- Non-exempt assets have been sold and the proceeds disbursed to your creditors (such assets include vacation properties, second vehicles, home equity beyond a certain limit, etc.);
- A portion of any surplus income over a government-mandated amount earned until your bankruptcy is discharged and disbursed to creditors.
A consumer proposal differs in several ways:
- You make fixed monthly payments for up to five years without interest;
- None of your assets are required to settle your debts.
Should You Pay Debt with Savings?
The answer depends on your personal finances. To a certain extent, if you can spare some savings to pay off high-interest credit card loans, that will be more affordable. The interest rates mean the earlier you can pay off the loan the more you save.
However, you could hurt your financial future if you drain your RRSP or liquidate assets to pay off unsecured debts. Debt help can settle your debts without draining your hard-earned savings. In a consumer proposal, your assets are unaffected, while even in a bankruptcy, RRSP contributions made more than 12 months before you filed are likewise protected.
There are also tax implications to withdrawing RRSP funds too early, and it’s inadvisable to touch them. Debt help is an effective and smart way to get out of insurmountable debt. Talk to a licensed insolvency trustee in BC about your finances today.
What to Avoid when Betting Online
As awesome as betting can be, providing you bet sensibly of course, at the end of the day there is still a certain degree of luck associated with it. This means that your success isn’t solely in your hands and it means that everybody can have an off day.
Ultimately, betting is a game of chance and there’s no telling which way the results will go. So, does that mean that everybody is an equal when it comes to placing a bet? Absolutely not. Whilst there is a lot of luck involved in betting, there are also a whole variety of different things that can, and should be done to give you the best possible chance of making some money and seeing the results go your way.
If you’re thinking of stepping up your online betting game, here’s a look at what to avoid when betting online.
Failing to shop around
Years ago when you wanted to buy something, you made your way to the shop that you new stocked the item that you wanted, and you purchased it because that was the only real option. Then, thanks to the internet, you had the option of comparing prices and getting a better deal. Well, when it comes to betting online, it pays, literally, to shop around.
Different bookmakers will offer different odds, so before you place a bet, go ahead and see what kind of odds you can get on other online bookie using a site like findbettingsites.co.uk or oddschecker.
Failing to manage your bankroll
Even though bankroll management may sound complex, it’s actually very simple. Basically, before placing a bet, you need to know how much you can afford to spend, how much you can afford to lose, and how much you are realistically willing to risk.
This money is your bankroll, so use it wisely. Failing to manage your bankroll could land you in debt or result in you spending more than you can realistically afford to lose. Before betting, come up with a realistic and accurate figure for how much you are willing to risk, and be sure to stick to it no matter what.
When you’re winning, gambling is the best thing since sliced bread. When he results aren’t going your way and you’re losing, though, things are very different. One of the worst things you can do when betting online is to chase your losses. When you place a bet, if you lose, you lose, it’s that simple.
Don’t try to chase your losses by attempting to win back money that you’ve lost. This is the first step down a slippery slope, even if you do happen to get lucky and win something. Chasing your losses is a guaranteed way of losing more money than you can afford to lose, so learn when to cut your losses.
Placing unplanned last minute bets via in-play betting
Live betting and in-play betting can make betting very exciting. If you’ve already placed a bet however, one of the worst things you can do is to go ahead and place another bet on a whim.
No matter how fast the clock is ticking, or how well a team may be performing, if you’ve already placed a bet, don’t get into the habit of placing spur of the moment bets as this is money that you hadn’t planned or accounted for.
My Top 15 Post-Corona Wishes
1. A guaranteed universal income for “all” people living in Canada set at a living wage.
2. New incentives for employees to work from home whenever possible, and the option for employees to work flexible and reduced hours to improve quality of life and provide more time for leisure and recreation.
3. For home delivery of groceries, medicines, and other basic necessities to be a standard business practice.
4. For essential workers including grocery store clerks and cleaning staff to receive a decent honorable salary for working the front line.
5. For all levels of government in Canada to come together to put strict environmental protections and regulations in place.
6. For the countries of the world to do everything possible to end animal cruelty.
7. For educated, competent, and intelligent women like Dr. Theresa Tam and Dr. Bonnie Henry to be promoted to senior leadership roles in the private, public, and non-profit sector, including recruiting women everywhere to run for elected office at all levels of government including international organizations.
8. For governments to invest heavily in the prevention, treatment, and distribution of public health “critical and essential” goods and services so that we are prepared for the next outbreak.
9. For seniors residential care facilities to have an immediate “contingency” plan in the event of another virus outbreak.
10. For self-testing kits to be made available for everyone that provide immediate results.
11. For doctors with credentials from foreign countries with comparable education to Canadian medical schools to be allowed to practice medicine in Canada.
12. For Canadian federalism to continue to function as well as it has during the Corona virus outbreak in terms of political and non-partisan cooperation and elected officials looking out for the greater good.
13. For a special federal department be set up to respond to the immediate needs of at-risk marginalized populations during a crisis such as Indigenous communities, LGBTQ people, homeless people, and persons with disabilities, etc.
14. For the medical services plan to cover mental health counselling via phone and video sessions from social workers, counsellors, and psychologists.
15. For the people of the world to see each other as one humanity, where we all need to work together to solve global problems.
Staying at Home: Mental Health Tips
COVID-19 has dominated global headlines for the past few days, with the virus having an unprecedented effect on countries around the world. Citizens in many counties now have to stay at home to minimise the spread. With so much of the world experiencing anxiety and no idea as to how long this situation will last for, it is never been so important to prioritise our mental health.
For those already on lockdown, this tip may have come a little too late, but if you can prepare, begin with a list. It is about being sensible and making sure you have everything you require including some distractions. Whether it is a new book, game or anything else, keeping your mind busy can help. Also, try to prepare yourself mentally and think about the challenges that you may come across during isolation.
Make time to have fun! If you are with your family, play games, do crafts and reconnect with each other. If you are alone, play games on your console with friends, on your mobile online. Whether it is adult online gaming at Mr Green casino, Scrabble or digging out the old Gameboys for some classic Pokémon fun!
At times like this, it is completely natural to want to access the news constantly but checking the live stream and keeping up with every update may not be the healthiest option. Furthermore, the information on social media is not always correct and it seems counter-intuitive to worry over things that may not be true.
Maintain a Schedule
One of the biggest challenges in staying at home is trying maintaining a schedule, but this can have a significant effect on our mental health. Maintaining your routine will help you to keep ion track, which is especially important if you will be working from home.
Write poetry, paint pictures or make music! Keeping a written journal can be a great way of verbalising your emotions or maybe you could start that novel you have been thinking about. If you are more artistic than lyrical, express your creativity and make art or paint a picture.
By this point, we are all aware of the importance of social distancing, but maintaining social interaction is still essential. Keep up with your loved ones and call them for a chat to catch up. For those who live alone, keeping up social interaction is likely to be more difficult. Luckily, we live in a time where virtual technology has made this possible. However, we also need to consider our social responsibility for others, especially our loved ones who are high risk and potentially completely isolated. Try setting them up with virtual technology such as Skype and ensure they know how to use it.
Meditation and Mindfulness
Take time to breathe and live in the moment. Practising mindfulness can have a significantly positive effect on our mental health and wellbeing by helping to reduce feelings of anxiety. Check out guided meditations on YouTube or download an app like Kalm or Headspace. You could also have a look at grounding techniques. For example, take a moment to take in your surroundings and find five things you can see, four things you can touch, three things you can hear, two things you can smell and one thing you can taste.
Remember, this will pass. In the meantime, wash your hands, practice self-care, and stay safe.
Surrey should expect folks from large cities visiting quite soon
Covid-19 has a sweeping effect on the world. It has had a devastating effect on economies around the world and also led to canceling and postponement of many prominent events. Euro 2020, a quadrennial event that gathers a lot of football fans around the world has been postponed until 2021. Tennis tournaments – halted till June, Bitcoin price – fallen. This is only a partial list of problems that coronavirus brought to the countries.
A lot of countries declared a state of emergency to contain the spread of the virus. If we compare big countries to each other, Canada has been less affected by the virus. There have been 1470 infected so far. It is no surprise that Canada might see an inflow of folks from various countries. Surrey, in particular, should expect a lot of people from large cities and this article will examine the outcome of it.
What has been the situation in Surrey?
Even though Canada is relatively safe right now, the situation in Surrey has been tense so far. Residents have complained that fellow citizens do not follow the rules of social distancing – a lot of people are walking around the street, feeling they are immune to the virus. Of course, this has sparked discontent among residents who want to protect themselves from the virus as much as possible.
The gambling industry has been particularly affected by the virus. Several casinos in Canada as well as in the rest of the world were closed due to Covid-19. The main reason for this has been the limitation of public gathering places. You know that casinos are always crowded and there are a lot of people constantly playing various games. Going to ‘real’ casinos has been halted temporarily and that is why citizens have turned to switch to brand new Canadian online casinos 2020 while they are in quarantine. Not only it concerns Surrey’s citizens, but foreigners from large cities who will visit the place very soon will certainly try online casino games because there is simply nothing else to do. It is also important to point out that Canada is famous in the world for the gambling industry and online casinos are slowly gaining football in the country.
What will the massive arrival of people change in Surrey?
Actually, a lot of people means that the virus will spread faster. Covid-19 is a type of infection that has been unknown to the doctors throughout the whole time. It is contagious and spreads quickly, so Surrey will become more impacted by a coronavirus. What people can do is to keep themselves away from public gathering places as much as possible and temporarily postpone any activities there were planning to do in the recent period.
Not only it concerns the local inhabitants, but tourists should also be aware of that situation. And if the situation gets out of control, Canada will suffer from the consequences and it should take an example from its European counterparts.
How long will the situation last in Canada?
It would be careless to predict precisely how long the virus will roam around the world and Canada. As Donald Trump declared, it is still a long way to overcome the illness and worse waits ahead. Canada has currently 20 deaths and over 1,000 infected. That is a very high number. Keep in mind that one of the prestigious leagues in Canada has been postponed over the fears of the virus. It has also declared that the country will not send its athletes to Tokyo 2020. More likely, the situation will be active for three months at a minimum.
Best Casinos Near Surrey, BC
Online casino games are great, as you have the option to play hundreds of different slots or one of the most famous jackpot games right from the comfort of your own home. However, if you live in Surrey BC, and you’re looking to up the stakes or change the scenery, there are some great brick and mortar casinos in the area to try out. Unfortunately, there aren’t many casinos right in the heart of Surrey, but you can find some great options without having to travel too far. In this article, you can find a list of 5 of the best casinos in, or near to Surrey, BC
1. River Rock Casino Resort
Located a little outside of Surrey, in Richmond, the River Rock Casino Resort is one of the best casinos in the area, and it’s one of the best places to stay if you’re in Richmond or the surrounding area. There’s a small, but well-established casinos for you to scratch your gambling itch, and there are also some great leisure facilities for all of the family to enjoy too. The casino has all the games that you can expect such as Roulette and Craps tables as well as a variety of slots. If you fancy a night out with friends or even on your own, you can easily spend some fun time (and money) at the River Rock Casino. The casino also has some great food and drink options for you to try.
2. Elements Casino
If you don’t want to venture too far outside of Surrey center than the Elements Casino could be the right spot for you. This standalone casino is quite small inside but has a good selection of tables as well as a range of fun slots to try your hand at. However, be warned. As one of the only casinos close to Surrey, it can get busy, so get there early if you’re keen to claim your favorite slot machine. Despite the casino getting quite full, the busy atmosphere really helps to make a night here more enjoyable, so it’s definitely worth waiting to get in.
3. Cascades Casino Resort
The Cascades Casino Resort is located just outside of Surrey, in the town of Langley BC. It’s easily accessible from Surrey using the highway, and it makes for a great night out. The casino is one of the best in the area, as it has been recently renovated. It’s packed full of new casino games for you to enjoy. Also, if you’re feeling peckish whilst playing, the casino restaurant gets rave reviews and you’re sure to find something delicious on the menu that you’ll enjoy.
4. Hard Rock Casino Vancouver
If you really want the full casino experience and you’re willing to venture a little further, then head over to the Hard Rock Casino in Vancouver. This casino is a favorite amongst Vancouver gambling enthusiasts and is sure to make for a fun night out. It has everything you’d expect from a casino, plus great food and extensive drinks menu and some awesome theming. If you love rock, and you feeling lucky, then you should definitely check out the Hard Rock Casino in Vancouver.
5. Grand Villa Casino
This casino is located a little further away from Surrey, but it’s well worth a visit if you’re looking for a large casino that can accommodate a larger party. The casino is attached to a hotel and has a bustling fun vibe. If you like live music and a party atmosphere, this is the casino for you.
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