The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethought, and so broadens the mind.
-Munger
Debt Consolidation
@Private Wealth Management, we help our clients discover a smarter way to manage their debt through one simple debt consolidation solution. Let’s be honest, most Canadians take out a variety of loans for different purposes. Whether it is because of debt consolidation, a roof repair, a car purchase, sending kids to university or even signing up for a mortgage. It goes without saying that the more loans you carry, the more interest rate you pay, monthly. The same way people are loyal and take ownership of their pets, is the same way you should take care control of your debt. Consolidate, pay less interest and never loose.
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Wouldn’t it make more sense if you combined all of your banking needs into a single account, so that your savings and income automatically reduce your debt and save you interest? Manulife One can simplify your
banking, save you money and help you become debt-free years sooner. By consolidating your debts, putting your savings to work, putting your income to work and enjoying the unprecedented freedom and flexibility.
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Simple and sensible
Traditional banking has you managing daily finances by depositing your income into checking and savings account while borrowing through mortgages, lines of credit, loans and credit cards. Unfortunately, you usually receive little or no interest on the money you deposit and pay higher interest on the money you borrow. However, with a non-traditional flexible account like Manulife One, things are different. You have an all-in-one borrowing and checking account with a borrowing limit that is based on the value of your home.
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With the right financial advice we can help you find the proper solution while remaining in control of your destiny.
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