Local advisor recommends putting a financial plan in place to tackle debt in 2026

    Friday, 2 January 2026 06:00

    By Tonya Organ

    Ashley Payne is a Senior Insolvency Advisor with BDO Debt Solutions here in Corner Brook. She says a financial plan will set you up for greater success when it comes to achieving your financial goals.

    A local financial advisor is among many recommending people put a plan to tackle debt in 2026, as surveys show reducing what they owe tops New Year’s resolutions. Ashley Payne is a Senior Insolvency Advisor with BDO Debt Solutions here in Corner Brook. She says they recommend people create a 2026 Financial Plan instead of making debt repayment a New Year’s resolution. The debt solution firm says a financial plan will set you up for greater success when it comes to achieving your financial goals. It will also help to lessen financial stress. 

    BDO says having a financial plan in place will help Canadians better manage this uncertainty, not only in the new year ahead, but in years to come. Payne says “Research shows Canadians, including many here in Newfoundland and Labrador, are experiencing financial strain and pressure around the management of cash flow and expenses.  And the ongoing trade war with the United States continues to create economic uncertainty. Payne says anyone feeling overwhelmed by debt should reach out to a debt professional to determine what help is available. 

     

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