Simonds
Expert Debt Relief & Consumer Proposal Solutions
Simonds, debt relief, New Brunswick
Simonds, located in Saint John County, has a growing population of 4,413, predominantly English-speaking. The aging demographic faces economic challenges, including stagnant wages and limited job opportunities, primarily in lumber and seafood industries. High costs, particularly in healthcare, compound financial stress, making debt relief options necessary for residents seeking stability in their finances.
City: Simonds
Province/Territory: New Brunswick (NB), Canada
Est. Population: 3,913
Financial Challenges
Living in Simonds can be hard if you’re having money problems. The economy isn’t growing much, so there aren’t many new jobs, and wages aren’t going up fast. This makes it tough to earn enough to pay for things like rent, food, and bills. Plus, with many people getting older, there might be more costs for things like healthcare, which can add to the financial stress.
Working in Simonds also has its challenges. Important local businesses, like those in lumber and seafood, are affected by tariffs, which can lead to fewer job opportunities and less stable incomes. Housing sales are slow, so if you want to buy a home, it might be difficult. All these factors make it harder for people in Simonds to manage their money and find financial security.
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 Simonds, New Brunswick
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 | 1,839 |
Living in poverty | Number of residents who are living in poverty | 434 |
Debt defaulted | Number of residents who have defaulted on a debt payment | 43 |
Insolvencies | Number of residents who filed for insolvency | 10 |
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
Simonds Village: This quaint village is characterized by its close-knit community and picturesque landscapes. It features a mix of residential properties and local amenities, making it a pleasant place for families and retirees alike.
Beaverbrook: A serene neighborhood with a strong emphasis on nature, Beaverbrook offers beautiful waterfront views and recreational opportunities. It’s popular for outdoor activities such as fishing and hiking, attracting nature enthusiasts.
Hammond River: The area surrounding Hammond River boasts scenic views and is known for its tranquil atmosphere. Many residents enjoy leisurely walks along the river, making it a desirable location for those who appreciate a peaceful environment.
Millidgeville: Known for its convenient access to amenities and services, Millidgeville has a mix of residential and commercial properties. This area is popular among families due to its proximity to schools, parks, and shopping venues.
Westfield: A vibrant community that combines rural charm with modern conveniences, Westfield offers a variety of housing options and is close to recreational facilities. Its welcoming atmosphere and community events make it a favored spot for newcomers.

Illustration of Simonds, New Brunswick, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Simonds, Canada to help understand the financial requirements for different living situations.
Item | Description | Average Cost |
---|---|---|
Housing (1BR) | Monthly rent for a 1-bedroom apartment | $850 |
Housing (2BR) | Monthly rent for a 2-bedroom apartment | $1,200 |
Average Home Price | Average price to purchase a home | $288,000 |
Utilities | Monthly cost for electricity, heating, water, and garbage | $200 |
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 | $850 |
Transportation (Car) | Monthly cost for car ownership | $550 |
Childcare (Daycare) | Monthly cost for daycare | $900 |
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 Simonds, New Brunswick?
- How do property taxes in Simonds compare to other cities in New Brunswick?
- What are the main financial challenges faced by residents of Simonds?
- How has the local economy in Simonds been impacted by recent economic trends?
- What job opportunities are available in Simonds and what sectors dominate the local economy?
- How do utility costs in Simonds affect the overall cost of living for residents?
- Are there any financial assistance programs available for residents facing economic hardships in Simonds?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located in Saint John County, this parish has an estimated population of 4,413 as of 2024, showing a steady growth trend. The community is characterized by a large portion of its residents being over 50 years old, which highlights a gradual aging population. Predominantly English-speaking, with 97.3% of the locals using it as their first language, this area offers a mix of rural charm and access to services found in nearby urban centers. Its scenic landscapes and commitment to outdoor activities make it an attractive location for families and individuals seeking a quieter lifestyle close to nature.
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!