Insurance policy getting you down? There are always sound insurance alternatives.
Latest News
Choosing a Group Benefits Advisor Mar 28th
How Getting a Group Benefits Plan Works
A company that is looking for a benefits plan engages an advisor (e.g. a broker or agent) who then submits that company’s details to several insurance companies for a quote. (An experienced advisor will know which insurance companies are best suited for.... More »
What is short-term disability insurance? Sep 17th
Short-term disability (STD) insurance provides income for someone over a short period of time if they can’t work because they’re ill or injured, have been in an accident, or are in the hospital. STD insurance is often offered by employers as part of their workplace benefits package. It’s not .... More »
The best travel insurance credit cards in Canada for 2024 + MORE May 19th
Spend
The best travel insurance credit cards in Canada for 2024
Searching for the perfect card? Compare your options with our interactive tool, and filter results based on rewards value, annual fees, income requirements, and more.
Compare now .... More »
Dating dilemma: When to talk about finances Mar 16th
When it comes to popular first-date conversation topics, credit scores and debt levels aren’t at the top of the list. Even committed couples may find it hard to broach financial topics like retirement planning or estate planning. But as the cost of living goes up and people try to plan for the fut.... More »
The best Air Miles credit cards in Canada for 2024 Jul 10th
Spend
Best Air Miles credit cards in Canada for 2024
With new partners and more ways to earn and redeem than before, Air Miles may be on its way up. These cards are the best the loyalty program has to offer.
Compare now
.... More »
Ages 13 to 17: Teaching teens to budget
– moneysense.ca
It happens so fast you could miss it. But in their teens, kids need to start moving from thinking about money in small amounts (weekly) to larger amounts (monthly). “They should start getting more money for longer periods of time, but now they also need to start taking personal responsibility for some spending categories themselves,” says Certified Financial Planner Trevor Van Nest. So if you were giving them $20 a week, you may want to give them $80 monthly plus a bit extra for new teen expenses like music subscriptions and clothes.
Empowering teens with their money
This is also a time when many teens will get a part-time job. But whether it’s summers at the local fair or a few shifts a week at McDonald’s, you can help them out by talking them through concepts like minimum wage and negotiating hours of work so they maintain a work-school balance. Most teens will also be anxious to know why money is coming off their paycheque for taxes, employment insurance and the Canada Pension Plan…
