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

Surrey mayor appoints Terry Waterhouse to oversee policing transition

Waterhouse was hired by the previous Surrey First slate as the city’s first-ever Director of Public Safety Strategies

Surrey councillor defends SOGI 123 stance after resigning from AutismBC

Laurie Guerra stands by her opposition to SOGI 123 resource as backlash over meeting comes to a head

PHOTOS: Hockey history in Surrey as Team India comes to play

Squad played its very first game in Canada on Tuesday against Surrey Falcons

Proposed coal project for Fraser Surrey Docks back in court

It could be months before the federal appeal court renders a decision

Minor injuries for firefighter struck outside South Surrey fire hall

Minor injuries for firefighter struck outside South Surrey fire hall

Calgarians vote ‘no’ to bidding for 2026 Winter Games, in plebiscite

Out of 767,734 eligible voters, 304,774 voted and 171,750 said ”no.”

Olympic and Paralympic committees disappointed, but respectful of Calgary’s vote

The majority of voters said ‘no’ to a potential Calgary bid for the 2026 Winter Olympics and Paralympic Games.

Wildfire death toll rises in California as search for missing continues

Authorities reported six more fatalities from the Northern California blaze, bringing the total number of dead so far to 48.

B.C. MLAs urge Trudeau to call byelection immediately in Burnaby-South

Four NDP provincial politicians from British Columbia are urging Prime Minister Justin Trudeau to immediately call a byelection in the federal riding of Burnaby-South.

Provincial housing boss brought home more than $350,000 in 2017-18

BC Housing develops, manages and administers a wide range of subsidized housing options

Prince Charles turns 70 with party, new family photos

Charles is due to have tea on Wednesday with a group of people who are also turning 70 this year

Kuhnhackl scores 2 odd goals as Isles dump Canucks 5-2

Vancouver drops second game in two nights

Fear of constitutional crisis escalates in U.S.; Canadians can relate

Some say President Donald Trump is leading the U.S. towards a crisis

B.C.-based pot producer Tilray reports revenue surge, net loss

Company remains excited about ‘robust’ cannabis industry

Most Read