Eight red flags when you apply for life insurance
Author: Sheryl Smolkin At Work/ The Star.comIf you are turned down for life insurance by one company, the odds of another carrier agreeing to cover you are slim, so it’s good to understand the risks and options. If you have a serious health condition, it may be wise to apply for a “simplified issue policy” that requires a less complex questionnaire and no medical examination.
If you have a serious health condition, it may be wise to apply for a “simplified issue policy”
Six Life Lessons from Warren Buffett
By Hamid Amiri- Here are six lessons gleaned from Buffett quotes that are worth taking to heart:
1. Good Things Come to Those Who Wait
Someone’s sitting in the shade today because someone planted a tree a long time ago.
No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.
2. Good People are Important
Should Couple Continue to Live Rent-Free or Buy a House?
Author: Lindsay Gellman/ WSJ/13.Apr.2014
Steve Dogiakos, 29, and his wife, Sandra, 30, hope to start a family soon. But they’d rather do so as home owners than as renters; the couple rents a three-bedroom house from Ms. Dogiakos’s mother in Choteau, Mont.
The couple expects to pull in a combined $43,000
1% in your pocket is better than 1% in the CRA’s pocket
Author: Ted Rechtshaffen/ Financial post/ 21.Apr.2014-
We often tell clients that while you can’t always control investment returns, you can be tax smart in terms of how you invest. If you can add 1% after tax a year to whatever your investments happen to return, you will be much better off over time.
Very roughly, if you are in Ontario and in the tax bracket
Get Comfortable With Being Uncomfortable; 5 Tips
Author; Minda Zetlin / Inc/ 20.Dec.2013-
“As entrepreneurs we like to think that the world bends at our whim, but it doesn’t work that way,” says Amos Winbush III. He should know. He started out as a recording artist but then lost the data on his smartphone and got an idea for a business that would back up mobile data and allow
5 things your bank teller isn’t telling you
Author:Stefania Moretti- MoneySense/ 1-We can drop fees. Why dig into your pockets when tellers routinely waive bank draft, certified cheque and overdraft fees? There’s no harm in asking for a break, especially in extenuating circumstances or when service is slow. “If I take forever with a transaction then I waive the fee as a courtesy,” said a teller who has worked at several major Canadian banks.
2-We have sales quotas. Most tellers have monthly credit-card
10 Reasons Why Following Your Passion Is More Important Than Money
Author: Siobhan Harmer in Money- Lifehack.org/ Elite Daily have got some great points as to why you should chase down your dream job, regardless of how much the wage is. If you’re feeling unfulfilled in your career, maybe it’s because you’re on a path that doesn’t connect with your passion? Maybe it’s time to steer right off that road and take a different route:
Planning for retirement now!
Author: Kim Inglis- Richmond News/ Planning for retirement can be overwhelming. It requires thinking about long term goals and it forces consideration of a more sensitive subject, contemplating one’s own mortality. An RBC study reports that only 52 per cent of Canadian boomers actually put a plan on paper despite understanding its importance. However, they worry about it. According to a recent Investors Group survey, financial concerns affect 32 per cent of Canadian couples and 60 per cent of them put retirement savings worries at the top of the list.
Is it ever OK to lie about money?
Author: Chris Taylor- Reuters/ Lying to a spouse, or a parent, or a kid about one’s financial affairs? Terrible idea.
But there are absolutes, and then there is real life. Real life is messy sometimes, and confusing, and not always what you wanted.And in real life, most of us lie about money. According to one survey from the Baltimore-based fund shop
Retirement saving should be realistic, not idealistic
Author: Kim Inglis-Special to QMI Agency/ Planning for retirement can be overwhelming. It requires thinking about long-term goals and it forces consideration of a more sensitive subject. An RBC study reports that only 52% of Canadian boomers actually put a plan on paper despite understanding its importance. However, they worry about it. According to a recent Investors Group survey,
