138 – Financial Stress Facing Single Parents

Struggling financially is difficult for anyone. It can be exceptionally stressful if you're a single parent trying to juggle your finances, work, and parenting all on your own. Without a partner you're solely responsible for the fate of your family. My guest today is here to talk about how going through insolvency as a single parent feels, and how she overcame her debt.

Her name and personal information are kept anonymous for confidentiality reasons so we'll call her Joan. Joan was a working professional with a job on Bay Street. Like many Bay Street positions, Joan was making a very good salary. Shortly after Joan celebrated her 50th birthday, work at her office was slow and she was downsized.

On today’s show we hear her story, and how a consumer proposal helped her deal with her debts.