What happens if you don’t come home tomorrow?
Most people don’t have any idea.
It shouldn’t be a surprise. Nobody wants to think about their death and who wants to spend money today to prepare for that depressing inevitability?
Ex-banker and personal-finance writer Tim Denning says a poor money mindset is what keeps you stuck. To avoid staying poor, he suggests breaking up with your savings account and avoiding payment plans. You also need to act on investments instead of waiting for the right time and seek out tax savings.
There are things to consider when transferring a cottage to your heirs. Consider these four issues.
Who can skip buying life insurance, and who should probably consider having it.
Experts say it’s never too late to learn financial literacy. And on the flip side, they say it’s never too early to begin teaching your children financial literacy.
If you’ve ever thought about what kind of funeral you’d like to have, you might be interested in planning it yourself — or even paying for it while you’re still alive. In fact, experts say it can be a smart financial decision.
Experts say where you put your money depends on your short- and long-term financial goals — and sometimes what tax bracket you are in.
One of the most common investment questions Canadians ask themselves today is, “Which is better, TFSA or RRSP”?
Life insurance is an agreement between an insurance company and a policy owner that guarantees the insurer pays a previously agreed-upon amount of money in the event of the insured’s death.
The increase in the TFSA contribution limit to $6,500 in 2023 is much more than an opportunity to put an extra $500 to work.
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