Sentences with phrase «households add to their debt»

Not exact matches

According to the status quo, adding more debt to households is the cure to our economic malaise.

But for most households, high debt is the disease, not the cure, and adding more debt to «stimulate spending» is like trying to put out a fire with gasoline.

Of course, rock - bottom rates and a strong Canadian dollar, he added, are the opposite of what the Canadian economy needs right now in order to kick its current addiction to household debt and condos and switch to a more sustainable growth model fuelled by exports and business investment.

A long period of lacklustre wage growth suggests the only way households can satisfy their spending habits is to keep adding to Canada's record pile of private debt.

«At a time when consumers are carrying record amounts of debt, the persistence of HELOC debt may add stress to the financial well - being of Canadian households.

In addition, it can encourage consumers to add to their debt load, which could put stress on Canadian households, at a time when they are carrying record amounts of debt.

«Women feel especially stressed about household debt because it's added to their list of things they have to do,» said Dean.

Why would we expect any different outcome in the United States as the household debt sector (the main sector that rose and drove the U.S. bull market of the 80s and 90s and also continued adding to the debt as the housing market took off from 2003 to 2007) is still in the process of deleveraging since 2007?

And adding $ 800 or so to the average household credit card debt of $ 7087 is bound to put more pressure on you when it comes to repayments.

Though it boosts the economy in the short term, high levels of household debt add pressure on the economy in the long run, as households are forced to cut spending in order to repay their debt.

In 2016, 38 percent of American households carried an average credit card debt of $ 16,061, and holiday debt adds, on average, about $ 1,000 to that debt load.

Whether you simply want to earn some extra money, or would like to add supplemental income to the household revenue stream to help eliminate debt, the opportunity with Kaeser & Blair is one rivaled by few.

In 1984, the total amount owed by an average household, including mortgage and credit card debt, added up to 71 cents on every dollar earned.

Canadian households and companies have added debt worth $ 1 trillion since 2011, pushing the total to $ 4.4 trillion, or 218 percent of gross domestic product.

Add your family's cost of living, your personal and household debt and the projected costs of your children's education as a starting point to determine the amount of coverage you need.

Positive thinking is a goal that needs to be added to the other goals that will see you eliminating debt and leading a more positive and productive life where you will have more control over all aspects of your life including the running of your household and your finances.

Those with pristine credit scores, stable employment, little debt and dual household income will enjoy some of the most competitive rates available, which can add up to thousands of dollars saved over the course of a mortgage.

The best thing about a short settlement time for Online 1 Hour Loans is that you don't end up having a long term debt hanging over your head that can end up adding more strain to the household budget.

With interest rates on the rise, Moody's notes that mortgage - servicing costs are likely to climb because nearly half of outstanding mortgages are due for interest rate renewals within a year, adding further strain on households» debt - servicing capacity.

I agree in full... can't really add anything here... I'll just make a complementary point that, in corporate finance, the fastest way to 1) increase enterprise value (analogous to increasing household total wealth) and 2) reduce takeover risk (roughly analogous to reducing household lawsuit loss risk) is by levering up that balance sheet — adding debt!

«At a time when consumers are carrying record amounts of debt, the persistence of HELOC debt may add stress to the financial well - being of Canadian households.

Taking on new debt, even for furniture or other household related items, will change the state of your credit and add additional debts that leads to the loss of your mortgage approval.

Add your family's cost of living, your personal and household debt and the projected costs of your children's education as a starting point to determine the amount of coverage you need.

To decide how much coverage to buy, add your obligations, such as debts, household expenses and support for children, and subtract any savings and other life insurance coverage you havTo decide how much coverage to buy, add your obligations, such as debts, household expenses and support for children, and subtract any savings and other life insurance coverage you havto buy, add your obligations, such as debts, household expenses and support for children, and subtract any savings and other life insurance coverage you have.

The Fannie Mae executive added that total outstanding mortgage debt should rise to between $ 11 trillion and $ 14 trillion by 2010 from $ 5 trillion in 2000, as these newly created households get mortgages for their homes.