Debt Management Firm Irving Burton Ltd. Cautions on Christmas Spending
According to the Bank of Montreal's Holiday Spending Outlook, Canadians are expecting to spend an average of $1,610, or 15 per cent more this year from 2011's $1,397.
(prHWY.com) December 21, 2012 - Toronto, Canada -- Toronto, Ontario (December 6, 2012) - Debt management firm Irving Burton Ltd., is cautioning consumers to be careful with their spending for the Christmas holidays. They recommend that people be aware of their credit card usage as Christmas is just around the corner.
The firm makes the call for prudence as people all around prepare to buy gifts for loved ones this Christmas. According to the Bank of Montreal's Holiday Spending Outlook, Canadians are expecting to spend an average of $1,610, or 15 per cent more this year from 2011's $1,397. It also indicates that one in five people do not plan on making a budget, while more than half often buy impulsively.
It doesn't take a financial expert to see that shoppers should make sure they could afford their purchases before they spend more than they have in their budget. However, frequently after the holidays, debt counsellors will see many people having problems with their debts due to over spending on their credit cards.
Should people find themselves struggling with debts after a holiday spending spree, the specialists at Irving Burton Ltd. can lend their years of experience to help individuals manage their finances. They specialise in budget counselling, consumer proposals, credit and debt counselling, debt restructuring, and - if ever needed - bankruptcy administration.
The firm's professionals offer their expertise in debt restructuring and management, two of whom are founder Irving Burton and Lorraine Smith. Irving Burton is a licensed Trustee in bankruptcy who still consults and provides guidance. Meanwhile, Lorraine Smith is a practicing Bankruptcy Administrator and Certified Insolvency Counsellor for 17 years.
The company reminds everyone to watch their spending yet to enjoy the holidays as it fast approaches. Visit
www.TorontoBankruptcyAdvice.com for more information.
About Irving Burton Limited
Irving Burton Ltd. lends their expertise in debt management and bankruptcies to help families make informed choices when faced with burdening financial issues. Among the services they provide are budget counselling and debt restructuring. They have five office locations in Ajax, Oshawa, Scarborough, Willowdale, and Whitby.
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