How Much Life Insurance do I Need?
If you have a family, or anyone who would suffer financially if you died, it’s essential to take out life insurance. In a nutshell, life insurance provides your chosen beneficiary with a one-time tax-free payment on your death (as long as you’ve continued to make your payments). But, although you probably know you need life…
Read MoreWhat is Life Insurance? Coverage and costs
Have you ever wondered what is life insurance? It’s a product that ensure that your loved ones are taken care of if you were to suddenly pass, but not many people like to talk about it. Some people believe that talking about your death will bring it closer to reality, but that’s just silly. Any…
Read MoreThe Cost of Raising a Child in Canada
Before my daughter was born, I often asked myself and my friends, how much does it cost to raise a child in Canada? Most estimates for the cost of raising a child in Canada are in the $10,000 – $15,000 a year range until the age of 18 in Canada. That seemed a bit high,…
Read MoreWhat is Universal Life Insurance?
Universal life insurance is a type of permanent life insurance. It is lauded for being more flexible than other options, such as whole life insurance. However, while some view it as an investment strategy, others warn that the overall cost may outweigh the cash value. So, before you jump on board, here’s what you should…
Read MoreWhat is Mortgage Insurance in Canada?
Do you know what is mortgage insurance in Canada? It doesn’t matter if you’re a first-time home buyer or looking to upgrade. Some people will say mortgage insurance is a must, while others say it’s not worth it. Whether it’s right for you depends on your specific situation. Once you understand how mortgage insurance works,…
Read MoreCritical Illness Insurance: What is it?
Critical illness insurance is often overlooked, but it could be an important insurance policy for some people. If you get really sick or are diagnosed with a condition that requires immediate treatment, you might not be able to work for an extended period. A lack of income could put families in financial ruin. To help…
Read MoreHow to Choose the Right Travel Credit Card in Canada: A Guide for Savvy Travellers
Choosing the right travel credit card in Canada can enhance your travel experiences. Not only can you save money, but you’ll also be able to take advantage of some great benefits. With various options available, understanding your travel habits and preferences is crucial in selecting a card that aligns with your goals. The key is…
Read MoreRogers Red World Elite Mastercard Review
The Rogers Red World Elite Mastercard (formerly known as the Rogers World Elite Mastercard) is often overlooked, but it’s easily one of the best cash back credit cards in Canada. This no fee card gives you a cash back rate of up to 3%. Plus, you get five free Roam Like Home days each year.…
Read More5 Aeroplan Tips You Need to Know
With more than 180 destinations, Air Canada is Canada’s top airline. In addition, Aeroplan, Air Canada’s loyalty program, has 45+ airline partners. In total, you can access more than 1,300 destinations worldwide entirely on points. If you’re looking to travel for less, Aeroplan is the way to do it. Admittedly, some people find Aeroplan too…
Read MoreTD Aeroplan Visa Platinum Review
The TD Aeroplan Visa Platinum is an entry-level Aeroplan card. The main benefit is that you’ll earn Aeroplan points on all your eligible purchases, but despite being a co-branded Aeroplan credit card, you don’t get any Air Canada benefits. The good news is that this card comes with a decent welcome bonus, and the additional…
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