I purchased my first life insurance policy as soon as I became a mother. My father sold life insurance when I was young and had spoken about the importance of it many times, so it was an obvious choice. However, I didn’t really understand the reasons for getting life insurance, because there are more than I realized. Today, I understand the importance of life insurance more than ever. Here are the reasons I choose to be insured: Cover Funeral Expenses I don’t want my family to worry … [Read more...] about Life Insurance Gives Peace of Mind
Finance
The Most Important Investment
Despite it being 24 years ago and going through 40 miserable hours of labour at the time, I still remember those first precious moments with my oldest son. He opened his eyes for me and we just stared at one another. I was a single 19 year old who was delirious with fatigue, but it was all worth it in that moment. Suddenly everything was about him. Just five weeks later I was off to college and soon afterwards I moved into an apartment in a new city. I was growing up faster than I ever thought … [Read more...] about The Most Important Investment
Don’t be a victim of Identity Theft
Identity theft is on the rise and the methods of stealing one's identity are becoming more sophisticated by the day. Consumers need to be aware of the dangers and protect themselves from becoming victims. There are many ways we can keep our identities safe: Use unique and complicated passwords online Keep important documents like passports and SIN cards locked up at home or in a safe deposit box Do not share personal information online Never send your credit card information through … [Read more...] about Don’t be a victim of Identity Theft
Unwrap an education with Heritage Education Funds #HeritageeGifting
Every year around this time the same question comes up from the grandparents and aunts and uncles: “What do the kids want for Christmas?” I consider my children to be fairly blessed. Aside from my youngest son, they can’t come up with a big list of things they really want, because they have enough. They have enough toys. They have enough clothing. They have more than enough electronics. They do not need to fill up their rooms with more things that they don’t need. There is something that … [Read more...] about Unwrap an education with Heritage Education Funds #HeritageeGifting
Professional Development for Teachers is Key to Improving Financial Education in Canada
Understanding the nuances of personal finance, budgeting and credit scores can be a challenge for many adults. Despite the importance the information holds for the rest of our lives, we aren't properly educated about it in school and many people learn these important lessons the hard way. We can help to change this cycle by educating our children about finances. TD offers tools and resources to help support financial literacy, including a Smart Money Toolkit for Parents. They have categorized … [Read more...] about Professional Development for Teachers is Key to Improving Financial Education in Canada
Life happens in its own time
"He did it right." That's the statement a family friend made when describing his son's accomplishments through planning and saving. He finished college, got married, bought a house and became a father, in that order. To past generations, this is "doing it right". So that leads me to wonder, did I do it wrong? Of course not! I just did it differently. I am not alone either. In fact, a recent TD survey found nearly six in 10 (58 per cent) Canadians have completed or are on track to … [Read more...] about Life happens in its own time
