The Learning Centre:
New Year’s Resolution: become financially literate and save!
Pay less on your debt, starting today.
Becoming financially literate is more than understanding esoteric terms like ‘cumulative’, ‘TFSA’ or ‘front load’ – a lot more. It’s learning how to manage your money to make a difference in your life.
For example, many teachers find that January’s bills for December’s holiday break cause a little ‘buyer’s remorse’. However, with a little financially literate know how you can minimize the interest you pay on your debt – by over a thousand dollars a year!
Do the math: Consolidate high interest credit card/loans into one, low-cost line of credit.
Your credit card probably costs you 19% in interest. Your loan, maybe 8%. Compare that to the low rates for a line of credit (LOC) with Educators Financial Group – just 3.85%* for an unsecured LOC and 2.85%* for a secured LOC. By consolidating your other debt into one LOC, you could save over a thousand dollars a year. Click here to get more details.
Pay less interest on the credit you owe! Talk to Educators Financial Group about a low-interest line of credit today by calling 1.800.263.9541.
Broker license 12185.
*Interest is calculated daily on the outstanding principal balance and payments will apply firstly to interest and secondly to principal. Interest rates are subject to change without notice. Notification of interest rate changes shall be provided in regular statements issued by Tandia. Offer may be changed, withdrawn or extended at any time without notice. Speak to an Educators Financial Group lending specialist for full details.