As a Young Adult, These Are The Top 3 Financial Lessons I Learned in 2018 Jan 3rd

Insurance policy getting you down? There are always sound insurance alternatives.
Latest News

Do I really need life insurance? + MORE Jul 31st

Life insurance shouldn’t be one of those things you put off thinking about—because you (and the people who depend on you) could need it at any time. But many do wonder if it’s worth the monthly premiums. How do you know if it’s necessary? Why do we need life insurance anyway? “In gener.... More »
 term life insurance

Do your research before buying pet insurance, experts say + MORE Oct 23rd

There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here. Cost Plus and Group Benefit Plans - life-insurance-quotes.ca What is Cost Plus? Group benefit plans, also called group insurance or employee benefits, offer company employees.... More »
 insurance quotes

Do You Need to Insure a Car, Motorcycle, or RV That’s Sitting in Storage? Jul 14th

Everyone thinks about car insurance in terms of road liability. There are hefty fines for driving without insurance, and you should always have coverage in case of a collision. But what about those seasonal vehicles or classic cars you don’t drive? As it turns out, there’s good reason t.... More »

TFSA contribution room calculator + MORE Nov 5th

Find out your current tax-free savings account (TFSA) contribution limit by using this calculator. powered by Tax-free savings account is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like e.... More »
 term life insurance

If my home is destroyed, will insurance cover its full replacement cost? Feb 20th

If you live in an area susceptible to flooding or other natural disasters, experts say, you should double-check that your insurance policy covers your home’s full replacement cost.... More »
As a Young Adult, These Are The Top 3 Financial Lessons I Learned in 2018
Growing up, I thought I always had a knack for being financially responsible. My parents constantly lectured me about the importance of spending within my means and saving from a young age, so I would be careful not to spend too much while out with friends, and would throw a few dollars in my savings account here and there.
But as I got older and more expenses kept popping up – phone bills, car payments and maintenance, and insurance, to name a few – the more I realized there is a lot I don’t know about managing money. Moreover, 2018 was a rollercoaster of a year; a lot happened in my life and my bank account was definitely affected.
Sound familiar? If you’re a young adult, you probably understand that turning point when life starts coming at you – fast. And sometimes these growing pains can take a toll on your wallet, that is, until you learn your financial lesson.
Here are three important financial lessons I learned in 2018:
Lesson #1: Your emotions can really mess up your finances
Perhaps one of the most important lessons I learned in 2018 is how emotions can lead to impulse decisions…

Continue Reading On ratesupermarket.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!