Archive June 2019

A Christmas at a low price | Debt

Celebrate Christmas without breaking the bank, is it possible? Good Lender, financial reorganization advisers and trustees in bankruptcy, offer you some tips to limit the consequences of the holiday season on your family budget. The multiplication of gifts, the invitations that accumulate left and right, the many trips made, the purchase of the new sports jacket of Monsieur and the beautiful dress of Madame inevitably put additional pressure on the family budget.

Purchasing

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According to the most recent survey conducted by the Good Finance on behalf of the Quebec Retail Council on the purchasing behavior of Quebecers for the 2012 holiday season, the amount that Quebecers plan to spend as gifts for this period will be $ 676. on average per household. Thus, Quebeckers will give gifts to 7.1 people in 2012, an increase compared to 2011 (6.7 people). For comparison, the latest Honest Canadian Consumer Outlook Index reveals that Canadians plan to spend an average of $ 1,182 on their total holiday spending, including $ 629 in gifts.

Since caring for someone has nothing to do with the monetary value of the gift offered to them, giving a gift certificate is often a good way to make a difference. control over the budget. What are the other possible solutions?

Savings of time

Savings of time

It is now acceptable for each guest to participate in the preparations for a festive evening. Have you considered the possibility of organizing the New Year’s meal according to a ” community ” model? So, we do not hesitate to solicit the talents of everyone! Some planning is needed. It is necessary to establish the menu and to distribute the tasks. Savings of time and money insured!

The use of group purchases , derived from the term ” team buying “, is also a relevant solution. Thrift,  is some of the major players in the sector. For example, you could pay $ 29 for a $ 69 body care, protecting your budget limit while giving your loved one a value-added gift.

It is also possible to make substantial savings on the Internet through exclusive promotions , opting for free delivery , using price comparators and sharing greetings through virtual cards . Consumers seem to have understood it! According to a recent survey by Honest on behalf of Easy., 55% of Canadians will turn to e-commerce during this time of festivities. Canadian consumers most likely to shop online live in Alberta (70%) and British Columbia (67%).

The importance of the budget

The importance of the budget

The team of Good Lender wishes to remind you of the importance of respecting the budget established during the holiday season in order to avoid the excessive indebtedness that sometimes results from this period of festivities. Christmas or not, it is better to limit your future debt and take action to quickly tackle the repayment of debts that currently tarnish your balance sheet .

The proposal of a retailer who suggests buying the television of your dreams through a 72-month financing is far from tempting, especially if your budget only allows you to buy a standard TV 27 inches!

In closing, it is necessary to remember that the credit card is beneficial to the consumer only if the entire balance of it is paid monthly, thus avoiding the quasi-usurious rates charged by the issuing institutions.

Our best wishes for prosperity!

Our best wishes for prosperity!

We take this opportunity to send you our best wishes of the holiday season. Take full advantage of this moment of respite to gather in family under the sign of sharing and simplicity. May this Christmas live up to your expectations. May the year 2013 be a worthy reflection of your wildest dreams, and be the renewal of a healthy and improved personal financial situation.

Local forms of exchanges between individuals | Loans

In recent years, local forms of exchanges between individuals have multiplied. A new type of economic exchange is spreading on the fringes of traditional circuits. Local groceries, short circuits, self-service vegetable gardens, new cooperatives … are illustrations.

These person-to-person links have taken on a new dimension with the use of digital technologies. Internet platforms put you in touch with an individual who offers the product or service you are looking for. All this, outside the usual commercial channels, thanks to the many links woven by the Web.

Perhaps we are living here a new industrial revolution …

With these peer to peer exchanges we enter a collaborative economy.

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These platforms use the power of digital technologies to generate private responses to other individuals. They aim at the exchange in the interest of the partners themselves, without one of them gaining more.

They adapt to the current world and amplify mutual aid between neighbors. In doing so, they develop and adapt the will to work together cooperatives of the past. Think of Farmers-Craftsmen, Repair Cafes, Second Hand shops, Community vegetable gardens … Everyone finds his account because new opportunities meet the quality or price offer.

The perspective of these approaches is that everyone wins. Whoever proposes the good or the service finds new outlets. The one who looks for something sees his possibilities of choice multiplied and the platform itself gains in development. The basis of these exchanges is the search for the balance of earnings, the equitable distribution of added value!

It is truly a new economy that emerges as a model of peer-to-peer collaboration, with or without the exchange of money. By making room for people, she questions the excessive aspects of a liberal economy in the exclusive pursuit of profit.

The collaborative economy is based on three principles:

The collaborative economy is based on three principles:

1. Use takes precedence over the property .

Why own each car if it’s to leave it in the parking lot for ¾ of the time? It is more economical, more ecological and more relaxing (no problem of taxes, maintenance …) to share the same vehicle. Shared cars, Co-Carriage illustrate this use.

These practices show the diminishing influence of the property. They reduce consumption. They create a more social economy, where private ownership is no longer the only goal.

2. Sharing is more effective than keeping it to yourself.

There is more in two heads than in one, says the saying. This is constantly being verified in both intellectual and practical domains.

By sharing what you own, you reduce consumption and you participate in a resource management more economical and more respectful of the environment. Thus, new consumer behaviors are set up.

3. It is possible to base even economic relations on trust .

It is because you agree to trust the product and the service offered, that you agree. You postulate that there are non-predatory relationships between humans that are not intended to maximize particular profit. And by going down this path, you activate and strengthen this community of trust. This creates relationships of cooperation that benefit everyone, but especially the weakest.

The collaborative economy opens up new approaches that augur the emergence of a world that is more respectful of people and the planet.

The collaborative economy has several interesting aspects.

The collaborative economy has several interesting aspects.

  1. She avoids a series of intermediaries . It is precisely one of his strengths to put the offerer and the claimant in a mutual relationship.
  2. It is easy to access , fast and efficient. It is often enough just a few clicks to propose or get what you want. Saving time is valuable.
  3. It plays on a new proximity, initiated by Internet.

Collaborative economy today concerns all sectors.

Collaborative economy today concerns all sectors.

1. Finances

These platforms allow loans between individuals, peer to peer . They make connections between people wanting to invest their money and others who want to borrow money. This process does not go through the banks. It avoids a series of costs or losses related to their operation. This is called the collaborative finance sector.

In Belgium, Captain Ahab is the first platform to offer indirect contact between private investors and individual borrowers. Stability is one of the advantages of this new system. The combined effects of a known return on investment and the current 100% PROTECT Guarantee hedge prevent volatility.

2. But also culture, equipment, food, transportation, housing, clothing or assistance to people ….

In conclusion

We have further developed here the macro aspect of the collaborative economy, that is to say the putting in contact of individuals via the Internet. This aspect is today in full development and sees new initiatives constantly emerging.

But, as we have already said, there is also a micro aspect, also in full development, which concerns all local initiatives, which forge new links between local suppliers and local applicants.

These two points of view show how much the collaborative economy modifies traditional economic relations, thus opening up prospects for changing the economic system!