Why Having A Strong Financial Foundation Is Essential To Live Your Dream Life?
Benjamin Franklin said there are only 2 things that we’re certain of in life, one is that we have to pay taxes, and the other is that we will die one day.
Most of us were dreamers when we were younger. We knew exactly who we wanted to become, we would imagine and visualize the home that we wanted to live in, the family that …
Why Whole Life Insurance Is A Great Strategy To Pay the Capital Gain Taxes For Real Estate Investments?
What are the benefits of Using Life Insurance? Before I attended a life insurance seminar 10 years ago that focused on How the Rich Use Insurance To Pass on Wealth to Their Children, I thought life insurance served only one purpose, and that purpose is to leave money…
How To Use Your Credit Card To Save Interest on Your Debts?
Most people have a love-hate relationship with their credit cards! They love their cards whenever they want to make immediate purchases that they do not have the funds to cover such as purchasing a new furnace when their furnace died unexpectedly, or paying for a…
Why Aspiring To Make Money Is Better Than Aspiring To Get A Job?
Most people believe that going to school and getting good grades will land them a decent job that will cover living expenses, recreation, and savings and investments. Unfortunately, because of the high cost of living, many employees do not earn enough money to cover…
Another Way To Supplement Your Retirement Income Using Tax-Free Money!
When many of us think about retirement income, some of the first things that come to mind are: Pension Retirement Savings Plan Canada Pension Plan (CPP) Traditional Investments (Savings, Stocks & Bonds, Mutual/Portfolio Funds etc.) Real Estate Investments…
Why You Should Rethink Children’s/Grandchildren’s Birthday & Christmas Gifts?
When my boys were younger, it felt like every 2 months either one or both of them were invited to a birthday party. Work in their birthdays and Christmas celebrations, each year I would watch my 2 boys and other children opening numerous gifts about 10 times! Now,…
Why Is Life Insurance A Better Strategy Than Stocks & Mutual Funds To Pass On A Legacy?
For experienced investors that are savvy in the Stock Market, achieving great return on their investment sometimes feel effortless. For this reason this may be their preferred strategy to build wealth for themselves and pass on a legacy to their loved ones. Investors…
How Can My Teenage Daughter Put Even $100 To Good Use Each Month?
One major concern that many parents have these days is that their children may not be able to afford purchasing a home because of the high cost of living and the high prices of homes. Some parents are delighted that their children are able to land a job while they are…
What Can The Poor Do To Get Richer?
One of the reasons why the rich appear to get richer while the poor appear to get poor is significantly related to habits. Humans are creatures of habit, so people will always default to their natural habit of comfort. If over time the rich developed the habit of…
Is Your Income Keeping Up With Cost of Living?
The inflation rate reported at the end of January 2022, was 4.8%. Reports say this is the highest it has been in more than 30 years. However, this is not a true indication of inflation across the board because the increase in house price, for instance, is not factored…