Cardston

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Cardston, debt relief, Alberta

Cardston, Alberta, known for its rich cultural history and stunning landscapes, faces financial challenges despite low unemployment. Residents often earn less than in other regions, making it difficult to cover daily expenses, save, or manage unexpected costs. Job availability in sectors like education and retail further limits earning potential, complicating efforts for financial stability and debt relief.

City: Cardston
Province/Territory: Alberta (AB), Canada
Est. Population: 3,585

Financial Challenges

Even though Cardston has a very low unemployment rate, many people there earn less money compared to the rest of Alberta. This means that even with a job, it can be hard to pay for things like rent, groceries, and other everyday expenses. Lower incomes make it difficult for families to save money or handle unexpected costs, adding stress to their financial lives.

Additionally, the types of jobs available in Cardston, such as in education, health, and retail, often don’t pay as much as jobs in other areas. This limits people’s ability to earn more and improve their financial situation. With fewer opportunities for higher-paying work, those who are already struggling with money problems may find it challenging to get ahead and achieve financial stability.

Debt Relief Solutions Available

Financial Planning

Financial planning means making a smart plan for your money. It helps you budget, set goals, and save for the future. With a plan in place, you can feel more in control of your money and avoid falling into debt again.

Find out more about Financial Planning

Debt Management Plan

A Debt Management Plan, or DMP, helps you pay back what you owe in one simple monthly payment. A credit expert talks to your creditors to lower your interest and make the debt easier to handle.

Find out more about Debt Management

Debt Consolidation

Debt consolidation means putting all your debts—like credit cards and loans—into one new loan. This new loan usually has a lower interest rate, which can help you save money and pay off your debt faster.

Find out more about Debt Consolidation

Debt Settlement

Debt settlement means offering less than the full amount you owe to clear your debt. Creditors may accept it because they get paid quickly. A debt settlement company usually helps with this process.

Find out more about Debt Settlement

Consumer Proposal

A consumer proposal is a legal deal between you and the people you owe. You agree to pay back part of your debt in smaller monthly payments. A Licensed Insolvency Trustee helps make the plan and talks to your creditors for you.

Find out more about Consumer Proposals

Bankruptcy

Bankruptcy is a legal way to clear most of your debts if you can’t pay them back. It gives you a fresh start, but it can also hurt your credit score for several years.

Find out more about Bankruptcy


Scenic view of Cardston, Alberta, highlighting the community’s charm and a focus on debt relief resources.

*Illustration of Cardston, Alberta

Debt Data

This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.

ItemDescriptionEstimated
Living paycheck to paycheckNumber of residents who are living paycheck to paycheck1,685
Living in povertyNumber of residents who are living in poverty398
Debt defaultedNumber of residents who have defaulted on a debt payment39
InsolvenciesNumber of residents who filed for insolvency9
Consumer proposalNumber of residents who filed for a consumer proposal7
Personal bankruptcyNumber of residents who filed for personal bankruptcy2

The estimates above are based on the following ratios living paycheck to paycheck rate (47%), poverty rate (11.1%), delinquency rate (1.09%), insolvency rate (0.25%), consumer proposal rate (0.19%), personal bankruptcy rate (.06%) from the following sources leger360.com, statcan.gc.ca, consumer.equifax.ca and is, d-isde.canada.ca.

Elimiate up to 80% of Your Debt

High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!

Write off up to 80% of your debts Reduce debts into one affordable monthly payment Stop all collections calls No interest and charges (completely frozen) Government-legislated debt relief programs

Areas / Neighbourhoods

  • Cardston Town Centre
    The vibrant heart of Cardston, featuring a range of shops, restaurants, and community services. The Town Centre is known for its friendly atmosphere, making it a popular gathering place for residents and visitors alike.

  • Park Avenue
    A quaint residential area known for its charming homes and tree-lined streets. Park Avenue offers a family-friendly environment, with parks and recreational facilities nearby, making it ideal for those seeking a peaceful neighborhood.

  • Sunset Acres
    A newer development on the outskirts of Cardston, Sunset Acres consists of spacious lots and modern homes. This neighborhood is popular with families and individuals looking for a more suburban lifestyle, complete with scenic views of the surrounding countryside.

  • Circle Drive
    Known for its well-maintained properties and community feel, Circle Drive is a popular neighborhood for families. It features close proximity to schools, parks, and local amenities, ensuring a convenient lifestyle for residents.

  • East Cardston
    This area includes a mix of older and newer homes, providing a diverse community atmosphere. East Cardston is known for its affordability and offers residents easy access to parks and outdoor recreational activities.

  • West Hill
    A picturesque area that boasts stunning views and large residential lots. West Hill is favored by those who appreciate a tranquil setting while still being within reach of Cardston’s amenities. It is ideal for nature lovers and those seeking a more spacious environment.

Scenic view of Cardston, Alberta, highlighting the community’s charm and a focus on debt relief resources. Debt solutions available.

Illustration of Cardston, Alberta, Canada

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Cardston, Canada to help understand the financial requirements for different living situations.

ItemDescriptionAverage Cost
Housing (1BR)Monthly rent for a 1-bedroom apartment$1,550
Housing (2BR)Monthly rent for a 2-bedroom apartment$1,900
Average Home PriceAverage price to purchase a home$507,000
UtilitiesMonthly cost for electricity, heating, water, and garbage$230
Food (Single)Monthly grocery cost for a single person$350
Food (Family)Monthly grocery cost for a family of four$1,000
Healthcare (Rx)Monthly cost for prescription medications$35
Healthcare (Dental)Monthly cost for dental care$200
Healthcare (Vision)Monthly cost for vision care$225
Transportation (Public)Monthly cost for public transit$1,550
Transportation (Car)Monthly cost for car ownership$650
Childcare (Daycare)Monthly cost for daycare$1,200
Childcare (After-School)Monthly cost for after-school programs$400

The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.

Top Questions

  1. What is the average cost of living in Cardston, Alberta?
  2. How does the job market in Cardston compare to larger cities in Alberta?
  3. What are the primary industries driving the economy in Cardston?
  4. Are there affordable housing options in Cardston for new residents?
  5. What financial assistance programs are available for residents in Cardston?
  6. How has the economic outlook in Cardston changed in recent years?
  7. What are the common financial challenges faced by residents of Cardston?

If you have a question about debt see our debt related question or ask your own debt related question.

Overview

Located in the foothills of Alberta, this town is known for its rich history and cultural significance, particularly as a center of the Latter-day Saint movement. The area features stunning natural landscapes, including access to nearby mountains and parks, making it a popular spot for outdoor activities like hiking and fishing. It has a strong community spirit, with various local events and festivals that celebrate its heritage. Additionally, the town is home to several educational institutions and health services that cater to the needs of its residents.



Eliminate up to 80% of Your Debt

High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!

Write off up to 80% of your debts
Reduce debts into one affordable monthly payment
Stop all collections calls
No interest and charges (completely frozen)
Government-legislated debt relief programs