How to go about securing the best policy for your insurance in Canada.
If you’re like many Canadians, you’re hoping you’ve paid enough tax for 2017 and may even be looking forward to a hefty tax refund cheque. You can help ensure that happens by knowing the details of your Registered Retirement Savings Plan (RRSP), what sets them apart, you.... More »
___ After setting iPhone record, Apple forecasts rare sales drop SAN FRANCISCO (AP) — Apple is bracing for its first sales decline in 13 years, despite selling a record 74.8 million iPhones in the final three months of 2015. The giant tech company issued a sales forecast that says revenue could fa.... More »
(Image courtesy of suphakit73 / FreeDigitalPhotos.net) Crunch your numbers Know what type of vehicle you want and how much you’re willing to spend. Don’t forget to factor in the closing costs. A 10% buyer’s premium (usually capped between $200 and $500) often applies on top of registration fee.... More »
Climbing is an exhilirating activity that many people enjoy. There is rock climbing (indoors and outdoors), rock climbing, ice climbing and the ultimate challenge: mountain climbing. However, these are also deemed "high risk" activities by Canadian life insurance companies. Read on to find out how c.... More »
When it comes to shopping for a car, most people don’t buy on price – they buy the payment. But a new study says most drivers can’t really afford to buy a set of wheels – even the gently used vehicles most financial guides recommend – to begin with. American comparison site iSeeCars.com a.... More »
Visa Canada wants you to use your credit card for small purchases, while Desjardins gives insurance discounts based on your driving patterns.
Would you give up a little of your privacy if it meant you could save money on your car insurance premiums? That’s the proposition from two Canadian insurance companies that have adopted something known as vehicle telematics.
Ottawa’s unemployment rate dipped slightly in May as new jobs in finance, insurance, business and building services helped to buoy the local economy, Statistics Canada reported Friday. The agency said the unemployment rate in Ottawa dropped to 6.1 per cent, down from 6.2 per cent in March and 6.3 per cent in February.
Why should you hire a financial advisor? The main reason isn’t just to make you rich (though that would be nice!). A good financial advisor actually offers you a complete picture of your overall financial situation, and can help you create a plan for your future that is fiscally sound.
In crafting a strategy for your money, expect to talk about all aspects of your life. Here are some factors that will be a part of your smart financial goals planning and strategy:
Setting Up Your Savings Toolbox
Planning for your future is not just about saving for retirement. An advisor will make sure you are saving for your senior years through a registered retirement savings plan (RRSP) and possibly a tax-free savings account (TFSA). However, they should also help you set up an emergency fund, deal with paying off your mortgage, plan for renovations and save for your children’s future. Part of a future financial plan also includes insurance. Your advisor may talk about life, disability and other insurance plans that will ensure that you’re not at risk of losing your savings because of something unexpected…
Avoid these common life insurance mistakes that can result in denied claims and applications. Always be forthright when applying and use these tips to navigate the “life insurance” waters.