OUR VIEW: Don’t let debt drag you down

Study reveals that Newton residents living in the V3W postal code of Surrey have highest household debt in Metro Vancouver.

Spend within your means

Here’s some sobering news as Christmas approaches, and it doesn’t involve CounterAttack road blocks.

Not this time.

A recent study conducted by the Social Planning and Research Council of B.C. reveals that Newton residents living in the V3W postal code area of Surrey have the unfortunate distinction of shouldering the highest level of household debt in all of Metro Vancouver, taking into account what they owe compared to what they own.

See more: V3W postal code of Newton is most indebted area of Metro Vancouver, study shows

It’s not great news for some people preparing to storm the stores for Black Friday deals, but there it is.

Donald Trump’s use of the Rolling Stone’s tune “You Can’t Always Get What You Want” during his U.S. election campaign reveals that even the super-rich recognize that sometimes you can’t always get what you want.

Sure, great shopping deals will be had in the days and weeks to come, and people will no doubt take good advantage of them. We’re not saying don’t shop, just be smart about it.

Before you haul out those high-interest, high-balance credit cards, consider the sound wisdom of Mike Ditka’s words: “Success isn’t measured by money or power or social rank. Success is measured by your discipline and inner peace.”

The Now

 

Just Posted

Setting the stage for emerging performers

Variety fundraiser and ongoing open-mics showcase local talent

Four Surrey students head to New Brunswick for Canada-wide science fair

Three projects move to nationals following regional fair at KPU

Surrey resident says proposed apartment building is a ‘monstrosity’ in Whalley neighbourhood

Philip Galbraith says he voted for Safe Surrey Coalition to ‘slow down development’

Man ‘seriously’ injured in crash after driving wrong way on Highway 17: Surrey RCMP

Police say the sedan hit a transport truck, then another car

Easter ‘eggstravaganza’ event planned for South Surrey

Event is to run from 12-3 p.m. at Dufferin Park (17355 2 Ave.).

VIDEO: Alberta man creates world’s biggest caricature

Dean Foster is trying to break the world record for a radio show contest

Multiple people injured after deck collapses during celebration

Emergency responders rushed to the Langley home

B.C. RCMP receive application for Police Cat Services

RCMP announced the launch of the Police Cat Services unit as an April fools joke

Rats available for adoption in Vancouver

In a social media post the City of Vancouver says you can adopt a rat for $5.

Kirkland Signature veggie burgers recalled due to possible metal fragments

Recalled products came in 1.7 kg packages with a best before date of Apr. 23, 2019

Chaos at the ferry terminal for people heading from Vancouver to the Island

Easter crowds create backlog at Tsawwassen ferry terminal

Parents of 13 who tortured children get life after hearing victims

One of their daughters fled their home and pleaded for help to a 911 operator

Crews battle Burnaby blaze; 2 people sent to hospital

Emergency Support Services helping residents displaced by fire

Flooding, climate change force Quebecers to rethink relationship with water

Compensation for victims of recurring floods limit to 50% of a home’s value, or a maximum of $100,000

Most Read