6 times you should use a credit card instead of a debit card
In the wake of the Great Recession, debit cards became increasingly popular among many who wanted to avoid the possibility of incurring debt. In fact, debit cards have several important qualities that credit cards lack, and there are times that even the biggest credit card
Why Should you Consider “Converting” your Term Life Insurance Policy?
Why Should you Consider Converting your Term Life Insurance Policy? Term life insurance is a low cost option for obtaining life insurance. Depending on the carrier you choose, the term and options vary. Some terms are as low as a 5 year term,
Are you part of the Baby boomer generation?
Have you set aside money in theevent that you require long-term care? The most recent Canadian statistic regarding long-term care reported that in 2012 about 2.2 million Canadians with a long-term illness, disability or aging needs had received care in their own home in the last 12 months (Statistics Canada, 2012).
The statistics also showed that the vast majority (88%)
Four things that will affect your personal finances in 2015.
Is a prime minister’s four-year-old election promise made, a promise he’ll keep? We’ll find out in the spring, when the federal Conservatives table their long-awaited balanced budget.
If the books really are in good shape, then Stephen Harper
Debt: How to use it and not abuse it
Canadians are falling deeper into debt, with Equifax reporting Wednesday that they are carrying an average of $20,891 in non-mortgage loans. But is all debt simply a burden or are some types better than others? We talked to three experts to find out. The consensus is that debt that adds to your net worth is “good”
Here’s why the CRA wants to know what’s going on in your bedroom
So you snore a little and your spouse has you sleeping in a separate bedroom. That’s your business, right? Maybe not.
7 factors that determine if you’re truly married or living common-law. Bank of CanadaAs judges today wade
When should you get serious about saving and investing?
When is it time to get serious about saving and investing? I’m always amused when I hear tales from financial advisors about recently landed clients with unrealistic expectations about what financial planning can do for them. Let’s face it, if you’re 63 years old, have no employer pension plan and have
Your Top Insurance Questions Answered
Life insurance is a financial tool and an asset that can protect your family and increase your stability, but many people are confused about the application process and the different products available. In fact, when research association LIMRA released a ten-question life insurance IQ quiz in 2012, 70% of respondents answered less than five questions correctly1, suggesting most people have only a basic understanding of life insurance.
So it’s not surprising that many people turn to a qualified life insurance professional to simplify the process.
These 8 Everyday Financial Worries Have One Common Solution
Recent data from a Money Magazine financial survey of American households sheds light on a shocking reality: 60 percent of respondents expressed anxiety about their family’s long-term financial stability. There are myriad experiences and likely a few horror stories behind these figures, with which most of us can identify — the housing market
If You Want To Be Wealthy, You Should Avoid These 7 Money Mistakes!
Who does not dream of becoming wealthy? If you ask people around you about their goal in life, many of them would say that it is being rich or wealthy. The reasons why people want to be wealthy vary from person to person.Whatever your ulterior motive is, if you want to be wealthy, there are tried
