If you have a mortgage, then you should have some kind of insurance in place to pay it off just in case you die while the mortgage is outstanding. My suggestion*** is that you get a life insurance policy that is sufficient to cover the full amount of your outstanding mortgage. This way, the life […]
One of the things that I’ve learned over the years is that the principles for saving money are the same whether you’re coupled or a singleton. Pay yourself first… Live below your means… Invest in the stock market for long-term growth… Always have an emergency fund… Buy the proper insurance… Use low-cost index funds […]
I’m a huge proponent of the Tax Free Savings Account (“TFSA”) and encourage everyone I know to stuff their TFSAs to the max. The beauty of this product is that money grows tax-free and you won’t owe any taxes on the growth of the money when you eventually withdraw it. You can fill it with […]
I recently finished two books about poverty – Evicted: Poverty and Profit in the American City by Matthew Desmond and $2.00 a Day: Living on Almost Nothing in America by Kathryn Edin & H. Luke Shaefer. The stories that were shared within their pages will stay with me for a long time. I’m not an expert on […]