If your kids are starting to enter the workforce, whether it’s a part-time job just for the summer or a full-time job after graduation, it’s essential they know how to practice healthy financial habits.
It's not always pleasant to think about the possibility of needing long-term care, but it's a necessary part of getting older.
Anyone who has ever rented a car knows that cringing feeling that comes up when the rental agent asks whether you want to purchase rental car insurance. It’s made worse when the agent goes into a pitch about how most people’s auto insurance won’t cover all of the costs incurred should the car be damaged or stolen.
If you’re just starting to take charge of your financial future, it can be stressful approaching financial planning with confidence. Do you ever talk to your bank or financial manager and think that they’re speaking a foreign language?
Remember your mid-twenties when retirement seemed like a lifetime away, and living paycheck to paycheck was not only the norm, but your reality. ‘If only I knew then what I know now’ can be heard echoing throughout offices in banks around the country.
Even if you're not ready to retire, understanding how you benefit from Social Security can help with your retirement plans.
While divorce may be hard on your emotional wellbeing, you shouldn’t let it impact your retirement plans.
Living on a fixed income can be difficult. Do you know how taxes will affect your financial health in retirement?
The purchase of life insurance is typically triggered by a life event, such as marriage, the birth of a child, a home purchase or a job promotion. So, it is not uncommon for many people to change their life insurance coverage three or four or even eight times throughout their lifetime.
In a few short years, it seems as though the banking industry has revolutionized. It is now easier (and more convenient than ever) to tend to your banking needs, all from the comforts of your pyjamas. Gone are the notions of banking hours, and the never ending lineups when you want to deposit your paycheck.
While you might have been planning your retirement for many years, there may come a time when you need to retire earlier than expected.
Life insurance is universally recognized as an essential pillar of a financial plan for providing much needed capital in the event of a breadwinner. It is also fundamental to other planning needs, such as estate planning to pay for settlement costs and taxes, and business planning for business continuation or key person protection.
