--- title: Articles date: 2023-09-08T14:35:00-04:00 canonical_url: "https://grantthorntonlimited.ca/en/debt-help-resources/articles" section: Pages --- # **Debt help** resources Explore articles and resources that can help you understand debt and the solutions available to you. **I want to learn more about:** [ Income tax debt ](https://grantthorntonlimited.ca/en/categories/income-tax-debt) [ Debt solutions ](https://grantthorntonlimited.ca/en/categories/debt-solutions) [ Personal debt ](https://grantthorntonlimited.ca/en/categories/personal-debt) [ Money management ](https://grantthorntonlimited.ca/en/categories/money-management) [ Budgeting ](https://grantthorntonlimited.ca/en/categories/budgeting) [ Counselling resources ](https://grantthorntonlimited.ca/en/categories/counselling-resources) [ Bankruptcy forms and documentation ](https://grantthorntonlimited.ca/en/categories/bankruptcy-forms-and-documentation) Featured Article## [Influenced into debt: How social media impacts Canadians' finances ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-influenced-into-debt-how-social-media-impacts-canadians-finances) While social media may be free to use, the things it influences us to buy often come at a cost. As influencer marketing continues to grow, more Canadians are making purchases based on what they see online. [ Read this article ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-influenced-into-debt-how-social-media-impacts-canadians-finances) Featured Article ![A woman in scrubs sitting on a park bench looking at her phone, with imagery of social media likes and spending surrounding her.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Article-imagery/_articleFeatureMobile/63555/influencer-survey.webp) ## Trending topics ![A woman in scrubs sitting on a park bench looking at her phone, with imagery of social media likes and spending surrounding her.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Article-imagery/_articleThumbMedium/63555/influencer-survey.webp) ### [ Influenced into debt: How social media impacts Canadians' finances ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-influenced-into-debt-how-social-media-impacts-canadians-finances) While social media may be free to use, the things it influences us to buy often come at a cost. As influencer marketing continues to grow, more Canadians are making purchases based on what they see online. [ Read this article ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-influenced-into-debt-how-social-media-impacts-canadians-finances) ![A photo of a yellow piggy bank wearing glasses next to a black calculator.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Article-imagery/_articleThumbMedium/39832/AI-budgeting.webp) ### [ Is AI your new best budget buddy? ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-is-ai-your-new-best-budget-buddy) When most of us think about managing our finances we think spreadsheets, calculators, and at times, a whole lot of guesswork. But today, many people are adding artificial intelligence to their tool kit. [ Read this article ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-is-ai-your-new-best-budget-buddy) ![Group of six people of all ages smiling and laughing with each other](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Article-imagery/Social-banner-horizontal/_articleThumbMedium/6328/How-much-debt-is-normal-for-your-age.webp) ### [ How much debt is 'normal' for your age? ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/how-much-debt-is-normal-for-your-age) Different life stages, like being a student, buying a house, or retiring, may mean taking on debt. Knowing where you stand financially can help you decide where to go next on your financial journey. See if your debt is 'normal' for your age. [ Read this article ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/how-much-debt-is-normal-for-your-age) ![Hands holding a smartphone displaying a live sports betting app, with additional betting information shown on a laptop screen in the background.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Article-imagery/_articleThumbMedium/52268/gambling-debt-square-1.webp) ### [ Caught in the odds: Understanding gambling debt and how to get help ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-caught-in-the-odds-understanding-gambling-debt-and-how-to-get-help) With the rapid expansion of online casinos and sports betting, gambling has become more accessible—and more tempting—than ever. What used to require a trip to the casino now lives in your pocket. It’s no surprise that gambling related financial problems have climbed. [ Read this article ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-caught-in-the-odds-understanding-gambling-debt-and-how-to-get-help) ![Couple sitting on the couch at home with a laptop smiling and laughing.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Article-imagery/_articleThumbMedium/49729/Can-I-file-for-bankruptcy-if-I-own-a-home-SQUARE.webp) ### [ Can I file for bankruptcy if I own a house? ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-can-i-file-for-bankruptcy-if-i-own-a-house) Owning a home is a major milestone for many Canadians. The thought of losing that home after years of hard work is scary—but so is drowning in debt. This leaves many homeowners to wonder: can I file for bankruptcy and keep my house? [ Read this article ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-can-i-file-for-bankruptcy-if-i-own-a-house) ![Woman on the phone holding a credit card](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Article-imagery/_articleThumbMedium/46489/Investment-scams-square.webp) ### [ 4 common investment scams and how to avoid them ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-4-common-investment-scams-and-how-to-avoid-them) Online banking, cryptocurrency, and AI have opened doors to exciting financial opportunities—but it’s also created a playground for scammers. Last year, Canadians lost $643 million to fraud, according to the Canadian Anti-Fraud Centre. Keep reading to learn more about common investment scams and how to avoid them. [ Read this article ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-4-common-investment-scams-and-how-to-avoid-them) ## Latest articles ![Marina filled with sailboats and recreational boats along the Charlottetown waterfront on a sunny day.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Article-imagery/_articleThumbMedium/65155/recreational-vehicle-square.webp) ### [ What happens to an RV, boat, or ATV loan if you file a consumer proposal or bankruptcy in Canada? ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-what-happens-to-an-rv-boat-or-atv-loan-if-you-file-a-consumer-proposal-or-bankruptcy-in-canada) For many Canadians, recreational vehicles offer freedom, adventure, and unforgettable family memories. But if you’ve financed an RV, travel trailer, boat, ATV, snowmobile, or side-by-side, those monthly payments can become difficult to manage if life takes an unexpected turn. [ Read this article ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-what-happens-to-an-rv-boat-or-atv-loan-if-you-file-a-consumer-proposal-or-bankruptcy-in-canada) ![A woman in scrubs sitting on a park bench looking at her phone, with imagery of social media likes and spending surrounding her.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Article-imagery/_articleThumbMedium/63555/influencer-survey.webp) ### [ Influenced into debt: How social media impacts Canadians' finances ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-influenced-into-debt-how-social-media-impacts-canadians-finances) While social media may be free to use, the things it influences us to buy often come at a cost. As influencer marketing continues to grow, more Canadians are making purchases based on what they see online. [ Read this article ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-influenced-into-debt-how-social-media-impacts-canadians-finances) ![Photo of parents and adult daughter hugging and smiling.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Article-imagery/_articleThumbMedium/53508/family-finance-1.webp) ### [ Family finance: The emotional cost of financially supporting family ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-family-finance-the-emotional-cost-of-financially-supporting-family) With rising costs, increased debt loads, and tighter budgets, many Canadians turn to family for support. But money can also strain relationships, create pressure, and sometimes lead to debt on both sides of the conversation. [ Read this article ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-family-finance-the-emotional-cost-of-financially-supporting-family) ![A couple sits at a table reviewing bills and using a calculator, appearing stressed while looking over financial documents.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Article-imagery/_articleThumbMedium/52267/instant-loans.webp) ### [ What are the risks of instant loans in Canada? ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-what-are-the-risks-of-instant-loans-in-canada) When an unexpected bill pops up or your bank balance hits an uncomfortable low, fast‑cash lenders can seem like a lifeline. Understanding how these quick loans work, and the risks hiding behind the “instant” label, can help you make choices that protect your financial health. [ Read this article ](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-what-are-the-risks-of-instant-loans-in-canada) Debt help tool## Explore your **debt repayment options** Every person's debt situation is different. Our debt repayment calculator can help you understand your debt management options and estimated monthly payments. [ Try our debt calculator ](https://grantthorntonlimited.ca/en/debt-help-resources/debt-repayment-calculator) ![White calculator on a light purple background](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Content-block-imagery-and-graphics/_imageLarge/calculator-white.png) ![Two photos side by side. The larger image shows a father grocery shopping in the produce section with his school aged daughter. The smaller image show a woman smiling on the beach wrapped in a yellow towel and wearing a blue hat.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Content-block-imagery-and-graphics/_imageLarge/Get-peace-of-mind.png) ## A better financial future **starts now** Our Licensed Insolvency Trustees and debt solutions professionals will explore your options and help you find the right solution to become debt free. - Free 1-hour consultation - Trusted debt advice - No judgement - No obligation [ Book a free consultation ](https://grantthorntonlimited.ca/en/get-in-touch/contact-us) ## Explore specific **debt help topics** **I want to learn more about:** [ Income tax debt ](https://grantthorntonlimited.ca/en/categories/income-tax-debt) [ Debt solutions ](https://grantthorntonlimited.ca/en/categories/debt-solutions) [ Personal debt ](https://grantthorntonlimited.ca/en/categories/personal-debt) [ Money management ](https://grantthorntonlimited.ca/en/categories/money-management) [ Budgeting ](https://grantthorntonlimited.ca/en/categories/budgeting) [ Counselling resources ](https://grantthorntonlimited.ca/en/categories/counselling-resources) [ Bankruptcy forms and documentation ](https://grantthorntonlimited.ca/en/categories/bankruptcy-forms-and-documentation)