De Salaberry
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De Salaberry, debt relief, Manitoba
De Salaberry, Manitoba, a rural municipality with a population of about 3,800, faces significant economic challenges. Rising living costs, including food and rent, coupled with limited job opportunities and increasing unemployment, strain families. Many residents, particularly those with children, struggle with debt, highlighting the need for effective debt relief solutions in the community.
City: De Salaberry
Province/Territory: Manitoba (MB), Canada
Est. Population: 3,580
Financial Challenges
Living in De Salaberry, Manitoba can be hard for people who are having money problems. The prices for things like food, rent, and bills are going up, which makes it difficult to pay for everything. Many families have kids, which means more costs for things like school and activities. There aren’t many job opportunities in the area, and some people are losing their jobs because businesses are struggling. This makes it tough to find steady work and earn enough money to support a family.
Additionally, the unemployment rate is rising, and inflation is making everyday items more expensive. Because De Salaberry is a small, rural community, there aren’t many different types of jobs available. If one industry faces problems, many people are affected at the same time. With fewer jobs and higher living costs, people who are already having money issues in De Salaberry may find it very challenging to make ends meet and save for the future.
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 PlanningDebt 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 ManagementDebt 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 ConsolidationDebt 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 SettlementConsumer 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 ProposalsBankruptcy
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
*Illustration of De Salaberry, Manitoba
Debt Data
This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.
| Item | Description | Estimated |
|---|---|---|
| Living paycheck to paycheck | Number of residents who are living paycheck to paycheck | 1,683 |
| Living in poverty | Number of residents who are living in poverty | 397 |
| Debt defaulted | Number of residents who have defaulted on a debt payment | 39 |
| Insolvencies | Number of residents who filed for insolvency | 9 |
| Consumer proposal | Number of residents who filed for a consumer proposal | 7 |
| Personal bankruptcy | Number of residents who filed for personal bankruptcy | 2 |
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!
Areas / Neighbourhoods
St. Pierre-Jolys
A vibrant community known for its rich French heritage, St. Pierre-Jolys features a mix of historical architecture and modern amenities. The area hosts various cultural events and festivals, making it a lively place for residents and visitors alike.Snowflake
A quaint and serene rural neighborhood, Snowflake offers a peaceful environment surrounded by nature. It is ideal for those seeking a tight-knit community with agricultural roots and ample outdoor recreational activities.Laverendrye
This small yet charming locality is characterized by its close-knit community and peaceful rural lifestyle. Laverendrye is perfect for families and individuals who appreciate a quieter way of life, while still being within reach of larger towns.Glenlea
Glenlea boasts beautiful landscapes and a friendly atmosphere, making it a desirable spot for those looking to settle in a community-focused area. The neighborhood is known for its agricultural character and scenic views.Saint-Joseph
Rich in history, Saint-Joseph features a mix of quaint homes and local businesses. The area is a great representation of the local culture and offers a range of community events, reinforcing its strong sense of togetherness.
Illustration of De Salaberry, Manitoba, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in De Salaberry, Canada to help understand the financial requirements for different living situations.
| Item | Description | Average Cost |
|---|---|---|
| Housing (1BR) | Monthly rent for a 1-bedroom apartment | $1,282 |
| Housing (2BR) | Monthly rent for a 2-bedroom apartment | $1,692 |
| Average Home Price | Average price to purchase a home | $343,000 |
| Utilities | Monthly cost for electricity, heating, water, and garbage | $220 |
| Food (Single) | Monthly grocery cost for a single person | $300 |
| Food (Family) | Monthly grocery cost for a family of four | $850 |
| 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 | $1,282 |
| Transportation (Car) | Monthly cost for car ownership | $550 |
| Childcare (Daycare) | Monthly cost for daycare | $1,000 |
| Childcare (After-School) | Monthly cost for after-school programs | $350 |
The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.
Top Questions
- What is the average cost of living in De Salaberry, Manitoba?
- How does the housing market in De Salaberry compare to other municipalities in Manitoba?
- What are the major sources of employment in De Salaberry and their associated wages?
- What financial assistance programs are available for residents in De Salaberry?
- How has the economic outlook for De Salaberry changed in recent years?
- What are the primary financial challenges faced by residents of De Salaberry?
- How does the cost of utilities and services in De Salaberry compare to the Canadian average?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located in southern Manitoba, this rural municipality is known for its picturesque landscapes and strong sense of community. It has a population of around 3,800 residents and covers an area of about 667.6 square kilometers, giving it a low population density. The median age of the community is around 36 years, indicating a relatively young demographic, and many families live here, with a significant number having children. The area offers various outdoor activities and a peaceful lifestyle, making it an appealing place for those who enjoy nature and a close-knit community atmosphere.
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!