Strike Finances Effective Money Management Strategies

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Strike Finances Effective Money Management
Strategies
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• About Us

• We at Credit720 work for you in a similar way
  just as your Tax Consultant or Accountant. You
  hire our expert advice in debt negotiations as we
  help protecting your assets and safeguarding your
  rights as our esteemed client.
• At Credit720, our goal is to protect your best
  self-interest and not the creditors. Debt
  Consolidation, Consumer Proposal - Calgary
  Edmonton Region.

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• Navigating Your Finances During A Strike
  Effective Money Management Strategies

• Canada enjoys good labor laws and a framework to
  support various causes of different labor unions.
  
• Despite these all, it sometimes experiences
  strikes or lockouts by employees working in
  different industries and business sectors.
• For people, by and large, such strikes or
  lockouts have almost nil impact on daily life,
  but the employees who are a part of that strike
  definitely suffer.

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• Of course, most unions in Canada have provisions
  to give Strike Pay from funds collected by
  unions.
• Moreover, the payments by Strike Pay are not
  taxable.
• Various pension funds are not deducting
  contributions from Strike Pay payments.

The following data reveals the existence of the
number of hours not worked due to labor disputes.
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• Revaluate Your Budget
• Most employees in Calgary, Edmonton,
  Lloydminster, Alberta habitually prepare a
  monthly budget. However, our monthly budget is
  based on our ongoing salaries or income. Our
  income is affected during strikes and may stop or
  be reduced drastically.
• So, we need to reevaluate the existing budget and
  prepare a new budget keeping emergencies in mind.
  Your new income may include your partners
  income, Strike Pay, and some regular benefits,
  such as CBC, GST, alimony or child support,
  pension, etc.

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• Reduce Expenses During Time of Strikes
• You must cut extravagant spending and try to
  sustain the amount on the hand only during the
  strike period. There are some ways to do so.
• Reduce your grocery bill by stopping purchasing
  anything you dont need at the present moment.
• Dont try to stock up on anything in advance.
  Leave it for normal days when you get back your
  regular income.
• Focus only on spending on food, shelter, and
  healthcare.

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• Reduce Expenses During Time of Strikes

• Cancel your dining-out programs.
• Cut your expenses on entertainment.
• Avoid taking unwanted subscriptions.

• Eliminate compulsions to use credit cards.

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• Have Emergency Fund
• Many employees or their partners have the good
  sense to put some funds for unpredictable
  emergencies, and strikes are the kinds of
  emergencies.
• If you are missing it, make provision for it
  during your normal earning days.
• Our finance experts at Credit720 can help you to
  guide how to create an emergency fund and
  leverage its benefits during challenging moments.

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• Money Management Services in Edmonton
• AR Credit720, we have top-notched talents to
  provide you with money management services in
  Edmonton. Our services include consultancy on
• How to save money during the Strike period?
• How to obtain additional income when you are not
  participating in a picketing campaign declared by
  your labor union. For instance, get a part-time
  job temporarily somewhere else and start
  freelancing, if possible, based on your skills.
• Explore available benefits and resources, such as
  unemployment benefits, Strike Pay by unions, and
  take help from community assistance programs.

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• Bankruptcy Options in Calgary, Edmonton,
  Lloydminster, and Alberta
• High-interest debt could be a killer during the
  strike period. Fortunately, Credit720
  offers bankruptcy options in Calgary, Edmonton,
  Lloydminster, and Alberta in Canada, giving you
  viable options to manage your debt efficiently.
• For instance, we can help you obtain low-interest
  loans for the long term from a single resource to
  pay your high-interest loans in the market. Apart
  from these, we can help you with debt settlement
  or relief programs to cut your debt to a feasible
  level you can pay with your scant income
  resources during the strike period.

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• Finally

• Credit720  is the place where you can obtain all
  kinds of expert consultancies on finance
  management.
• Do a call or leave an email to contact us if you
  need to navigate your finances during a strike.

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Contact Us
Red Deer 924, 4747 67th St,Red Deer AB, T4N
6H3Telephone [phone]Fax (780)
666-9721Email info_at_credit720.ca Edmonton
South 9856A 33 Ave NW, Edmonton AB T6N
1C6 Telephone [phone] Fax (780)
666-9721 Email info_at_credit720.ca
Edmonton North 203, 12930 50 St, Edmonton, AB T5A
4L2 Phone [phone] Email info_at_credit720.ca
Lloydminster(Alberta Saskatchewan) Unit 102,
4802 -50th Avenue, Lloydminster, AB T9V
0W5 Phone [phone].666.2600 Email
info_at_credit720.ca
http//www.credit720.ca