Debt is scary, there's no denying it -- but it doesn't have to mean the end of the world. There are options for paying off your debt that don't include declaring bankruptcy.
Consolidating your debt is one option. What consolidation means is taking out a single loan and using it to pay off your multiple debts so that you're left with only one monthly payment to make. Usually the single monthly payment is lower than the sum of previous payments, and set so that you're making progress on paying off the loan principal.
So when should you consider a consolidation loan? Here are four signs you're a good candidate.
1. The minimum is all you ever pay If you're struggling to make the minimum monthly payments on your debt, then it might be time to consider a consolidation loan. By just paying the minimum, you're barely making a dent into what you owe. Instead, you're mostly paying off the interest -- and that's money you'll never get back. A consolidation loan will give you the opportunity to significantly decrease your debt, rather than just spinning your wheels.
2. You move your debt around If you're using cash advances to make your minimum payments, not only are you not making progress on your debt, you're actually increasing it.
3. You avoid opening bills Denying debt doesn't make it go away. If you've stopped opening your bills, then it's time to sit down and reconsider your current financial plan.
4. You get calls from collection agencies They're going to get their money and in return drive you to distraction, stress you out and make you ill with dread every time the phone rings.
Even if only one of these applies to you, consider it a sign you should look into how a consolidation loan could bring you close to being free of debt. And talking to an expert about consolidating loans can do more than help you with your current problems: The Consolidated Credit Counseling Services of Canada reports than people who use their services end up living a more financially responsible and stable life.
For the baseball buff
If your partner already has a Blue Jays hat and jersey surprise him with this handsome—and darn right cute—blue jay pin. This tiny treasure will allow him to sport some pride on the lapel of his jacket or event suit.
For the Clean Freak
If the smell of synthetic pine won’t cut it for your man (you got a keeper) gift him with a car smell that's more refined, and customizable. Infuse his vehicle with his favourite essential oil blend to feel soothed, uplifted and refreshed while you're on the road.
For the gym rat
Do you lift bro? Well if your man does then headphones, sans strap, will make all the difference while he’s pumping iron. These wireless Jaybird in-ear bluetooth sport headphones are sweatproof, which means no slipping our of your ears, and offer a long battery life, eight hours, before it needs a charge.
For the coffee addict
Does your main squeeze appreciate a strong cup of coffee every morning? Buy him this french press with a cute little message, he’ll be sure to think of you fondly before he starts his day.
Brewed with love french press, $39.50, indigo.com.
For the fitness fanatic
This stylish little band automatically tracks steps, distance, calories and sleep. If your man is a triathlete this fitness tracker is swim proof and it also uses a replaceable battery (that lasts up to six months), so you'll have no hassle with daily charging after a training session.
For the fragrance aficionado
If your man has more than five fragrances, that he actually alternates between, that means he’s a fragrance guy. Try gifting him with the newest scent from Clean; Black Leather. The juice is a spicy blend of smoky musk, bergamot and black peppercorn.
For the bearded hipster
A freshly laundered man is something any woman can get behind, so consider this gift a win win. Give him this trio of male grooming essentials: facial cleanser, beard conditioning shave lube and beard oil.
For the music man
If your paramour is into his beats and always on the move gift him with this retro looking amp shaped portable speaker, the smallest from the music minded brand. It’s got a rechargeable lithium-ion battery that will allow him to blast his tunes for a solid 25 hours before needing a charge.
Avocados are more than just a popular trend among self-proclaimed "foodies." This stone fruit can help make your diet healthy and tasty!
Whether it's in a smoothie, on toast, or in guacamole, avocado has proven itself in the food world. It's tasty, has a creamy texture and is super healthy for you. Adding avocado to your balanced diet has been linked to reducing the risk of many food intake-related health conditions. Heres some health benefits of the fruit:
1. They're good for your heart.
Avocados are high in monounsaturated fatty acids (aka. good fats), which can help the body keep cholesterol—a risk factor for heart disease— in check. And recent research out of Pennsylvania State University has found that avocados actually lower cholesterol better than other healthy fats, such as olive oil.
2. They improve nutrient absorption.
There are some food combinations that boost the body’s uptake of certain nutrients. It turns out, the avocado is a one-stop shop for nutrient absorption. According to a study from Ohio State University, the fats in avocados helped participants better absorb cancer- and disease-fighting carotenoids such as beta-carotene, which is found in carrots. It also helps the body convert them to vitamin A, which has an important role in growth and development, eye sight and even immunity.
3. They help you lose or maintain weight.
While an avocado can pack about 250 calories, those calories are well spent, especially if you're trying to curb cravings for less healthy foods. Researchers have found that adding half of an avocado to your lunch can help you feel satiated and avoid snacking later. Another study, published in Nutrition Journal in 2014, found that eating avocado was linked with a 40 percent reduction in the desire to eat over the three-hour period that followed.
4. They can help you see clearly.
Avocados are actually great for vision. They contain two phytochemicals that provide antioxidants to reduce damage from UV light. Because of their ability to improve nutrient absorption mentioned above, they also reduce the risk of developing retina disease, macular degeneration that can come with aging, according to Medical News Today.
We show you how easy it is to get breakfast on the table when you start with our overnight steel-cut oatmeal. The best part? We have both sweet and savoury topping options so you can satisfy any morning craving.
Sweet and savoury make-ahead oatmeal recipes so weekday mornings don’t feel so hectic
Egg Benedict Oatmeal
Poaching an egg isn't as difficult as you may think. The trick is to keep the water at a gentle simmer and give it a good stir before you add the egg. Look for small ham steaks alongside bacon in the supermarket, or use up leftover cooked ham.
Image by: Jodi Pudge
By: Gilean Watts and The Canadian Living Test Kitchen
Source: Canadian Living Magazine: September 2016
Sweet and savoury make-ahead oatmeal recipes so weekday mornings don’t feel so hectic
Thai Peanut Butter Oatmeal
This combination of flavours is a little out there, but trust us—you'll want this dish for both breakfast and dinner. The chili pepper plays superbly against the sweet coconut chips and the creamy peanut butter, giving you the ultimate sweet and savoury fix.
Your body needs some sugar to function, but Canadians, who consume the equivalent of 26 teaspoons of the sweet stuff every day, are probably overdoing it. We break down what too much sugar does to your body, and how you can cut back.
Good news for those with sweet tooths: Glucose is our main source of fuel, so, yes, we actually do need sugar in our diets. But don't get too excited— they're not all alike.
"All carbohydrate-containing foods, whether candy, pop, fruit, vegetables or grain products, break down into glucose in our bloodstream," says Patricia Chuey, a Vancouver-based registered dietitian. "But our bodies respond differently when we get sugar from nutrient-dense, fibre-rich foods, eaten as part of a balanced meal that contains protein, compared to 'empty' calories from zero-nutrient, fibre-less foods."
Those carb-heavy, low-nutrient foods cause our blood-sugar, or glucose, levels to spike, triggering the release of insulin in response. One of insulin's jobs is to move glucose from the blood to our liver, muscle and fat cells for storage, and when there's more in our bloodstream than what our bodies need for energy, it can end up as stored fat—"even though fat, per se, wasn't consumed," says Chuey. That's partially why excess sugar consumption is linked to fatty liver disease, as well as Type 2 diabetes and heart disease. Fibre-rich, nutrient-dense foods, on the other hand, break down more slowly, so they don't cause as much of a blood-sugar spike, or the resulting weight gain.
That doesn't mean you have to skip your favourite sweet indulgences entirely. What we know today is that moderation is key—a little sugar won't hurt you.
But, for the most part, Canadians are not consuming a little sugar. According to Statistics Canada, on average, 22 to 26 percent of our total daily caloric intake consists of sugar. Put another way, that's an average of 110 grams, or 26 teaspoons, per day. And it's not just how much; experts are also concerned about where it comes from.
"Whole foods that are sweet, like fruit, can be good sources of vitamins, minerals and fibre, which can contribute to overall health," says Gita Singh, a research assistant professor at the Friedman School of Nutrition Science and Policy at Boston's Tufts University.
It's added sugar, regardless of the source, that's the problem. You'll find it in processed foods, such as many breads, soups, salad dressings and pasta sauces. And then there's pop, sports drinks and fruit drinks, which experts collectively refer to as sugar-sweetened beverages (SSBs). These drinks are among the top causes of obesity and its attendant ailments, which include heart disease, Type 2 diabetes, certain types of cancer and other chronic diseases. In fact, Singh coauthored a report published in the medical journal Circulation that estimates SSB consumption is partially responsible for the diabetes-, cancer- and cardiovascular disease–related deaths of 1,600 Canadians each year.
The fact that SSBs are a leading source of excess sugar in our diets is galling but encouraging. That's because the solution is straightforward: Stop, or at least cut back on, drinking them.
Chuey says you can further reduce the added sugar in your diet by avoiding convenience foods that list sugar (or maltose, corn syrup, cane sugar or honey) among the first three ingredients; swap your caramel macchiato for a latte; and top plain yogurt with fresh fruit. The less sugar you consume, the less you'll end up craving.
But when you do indulge, go all in. "Apply the pleasure maximization principle," says Chuey. "Make it really worth it! Not in terms of quantity, but the kind of quality that will really satisfy." So skip the soda fountain. But those homemade cookies? Enjoy!
YOUR BODY ON SUGAR
Click on image for larger view. Illustrations, thenounproject.com.
There are lots of table sugar subs on the market, but how do they stack up, health-wise?
Stevia: Zero calories per teaspoon
Stevia is a zero-calorie, fructosefree option.
Date sugar: 11 calories per teaspoon
Date sugar contains all the fibre and nutrients found in the dried fruit.
Coconut sugar: 15 calories per teaspoon
Made from the sap of coconut-tree flowers, coconut sugar has the same calorie count as table sugar, but it's lower on the glycemic index.
Agave nectar: 15 calories per teaspoon
Agave nectar is about 1 1/2 times sweeter than refined sugar, so you can use less. But it's high in fructose (hello, blood-sugar spikes!).