Edenwold
Consumer Proposal & Bankruptcy Relief Experts
Edenwold, debt relief, Saskatchewan
Edenwold, Saskatchewan, with a population of 250-272, is part of a rural municipality characterized by low job availability and a young demographic. Residents may struggle with debt relief due to limited high-paying jobs mainly in agriculture and small businesses. The lack of local financial support services exacerbates money problems, making it tough to manage debts or sell homes effectively in this close-knit community.
City: Edenwold
Province/Territory: Saskatchewan (SK), Canada
Est. Population: 4,466
Financial Challenges
Living in Edenwold can be tough if you’re having money problems. There aren’t many high-paying jobs, so it might be hard to earn enough to cover bills like rent or car payments. Most jobs here are in farming or small businesses, which can sometimes be unstable and depend on things like the weather. If something goes wrong, like a bad harvest, it can make it even harder to pay for things you need.
Also, because Edenwold is a small community, there aren’t many places to get help with money problems. There might not be enough banks or financial counselors nearby to give you advice on how to manage debt or save money. The housing market is small too, which means it can be difficult to sell a home or get a good price if you need to. All these things together can make living and working in Edenwold challenging for someone facing financial difficulties.
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 Edenwold, Saskatchewan
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 | 2,099 |
Living in poverty | Number of residents who are living in poverty | 496 |
Debt defaulted | Number of residents who have defaulted on a debt payment | 49 |
Insolvencies | Number of residents who filed for insolvency | 11 |
Consumer proposal | Number of residents who filed for a consumer proposal | 8 |
Personal bankruptcy | Number of residents who filed for personal bankruptcy | 3 |
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
Edenwold Village: This is the main area of the village known for its close-knit community atmosphere. It features local amenities and services catering to residents, making it a desirable spot for families and individuals looking for a small-town feel.
Edenwold Estates: This neighborhood is characterized by larger residential properties and spacious lots, offering a rural lifestyle with modern conveniences. It’s popular among those seeking privacy and a more tranquil living environment.
Edenwold Golf Course Area: This area surrounds the local golf course, which is a key attraction for golf enthusiasts. The neighborhood benefits from beautiful greens and is often sought after by people who enjoy recreational activities and scenic views.
North Edenwold: This region extends toward the northern part of Edenwold and is known for its newer developments and family-friendly properties. It’s an attractive choice for newcomers to the village who appreciate more contemporary home designs.
Edenwold Community Center Region: This area is centered around the community center, which serves as a hub for local events and gatherings. It’s ideal for families looking for an active community lifestyle with access to various programs and activities.

Illustration of Edenwold, Saskatchewan, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Edenwold, Canada to help understand the financial requirements for different living situations.
Item | Description | Average Cost |
---|---|---|
Housing (1BR) | Monthly rent for a 1-bedroom apartment | $1,400 |
Housing (2BR) | Monthly rent for a 2-bedroom apartment | $1,750 |
Average Home Price | Average price to purchase a home | $324,000 |
Utilities | Monthly cost for electricity, heating, water, and garbage | $210 |
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 | $1,400 |
Transportation (Car) | Monthly cost for car ownership | $575 |
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 Edenwold, Saskatchewan?
- How does the housing market in Edenwold compare to nearby cities?
- What are the primary sources of income for residents of Edenwold?
- What financial assistance programs are available for residents facing economic challenges in Edenwold?
- How has the economic outlook for Edenwold changed in recent years?
- What are the employment opportunities like in Edenwold and surrounding areas?
- How do utility costs in Edenwold impact the overall financial burden on residents?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located in Saskatchewan, this small village has a population of around 250 to 272 residents and is part of the larger Rural Municipality (RM) of Edenwold No. 158, which has about 4,466 people. The region is characterized by its low population density and rural economy, likely centered around agriculture and natural resources. The average age of residents is 34.4 years, reflecting a young and working-age population. While the village offers a close-knit community atmosphere, it may face challenges typical of rural areas, such as limited employment opportunities and dependence on commodity prices, which can affect local livelihoods.
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!