I just read an article titled, "Canadians getting better at paying off credit card debt, says Equifax" by Sunny Freeman at the Canadian Press. According to the article,
Canadians are paying off more of their credit card debt and borrowing less as they cope with a weaker economy and some restrictions on credit expansion. The latest national credit trends report from Equifax Canada, released early Tuesday, says the average credit card debt fell in 2011 by 3.4 per cent.
I think this is fantastic ... because I'm one of those Canadians who has seen their debt fall! I put a new budget and plan into place for my own debt reduction in July 2010 ... and I'm happy to report that my own debt is down by a whopping 22%. Yay!
It's a good feeling. I have a long way to go, but still - I'm making progress, and progress is good. And to top it off, I still get to travel. Tee hee! :)
It's a good feeling. I have a long way to go, but still - I'm making progress, and progress is good. And to top it off, I still get to travel. Tee hee! :)

0 comments:
Post a Comment