Money Savvy


Archive for October, 2007

Oct 25 2007

Prepare a will for peace of mind

Published by Jennifer under Wills and Trusts

(NC)-It is often said that nothing is certain but death and taxes, yet there is still every reason to hedge your bets and prepare a will.
Chartered Accountant John Wonfor, National Tax Partner, BDO Dunwoody LLP, National Office in Toronto, says that a will allows you to make choices and distribute your assets the way you [...]

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Oct 25 2007

Insurance Matters: Take inventory of your home for protection

Published by Jennifer under Insurance

(NC)-Plan now to make a detailed list of all your household possessions and keep the list somewhere safe. Such a list will prove invaluable if you ever need to file an insurance claim.
Don’t wait until you have damaged, lost, or stolen property to assemble all the details, says Financial Services Commission of Ontario (FSCO), the [...]

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Oct 25 2007

Your will may be the most important document you will write

Published by Jennifer under Wills and Trusts

(NC)-Did you know that many Canadians mistakenly believe that having a will is not a priority? Nothing could be further from the truth. In fact, a will is probably the most important document you will ever write.
If you die without a will, the province in which you live will decide how to distribute your estate. [...]

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Oct 22 2007

Pre-paid cards and teens: Not necessarily a match made in heaven

Published by Jennifer under Teens and Money

(NC)-If you have teenagers, you know that they are constantly being bombarded with new product offers. You may then have noticed a new kind of financial product, called a pre-paid card, being marketed to parents as a safe, convenient way for teens - sometimes as young as 13 years old - to carry money.
A pre-paid [...]

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Oct 19 2007

Education savings motivate children to excel

Published by Jennifer under College Funding

(NC)-It is no surprise that putting money aside for a child’s post-secondary education helps prepare parents for the rising cost of tuition and related expenses. But parents will be pleased to learn that investing in their child’s education at an early age is also a motivator for them to excel.
John Kearns, president and CEO of [...]

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Oct 10 2007

How to Make Miles Cards Work for You

Published by Jennifer under Credit Cards

Whether you’re loading up your cart with groceries or paying for your spring wardrobe at the counter, you can — in the process — rack up miles toward that well-deserved trip. More and more people today are using their rewards cards for everyday purchases, such as groceries and clothing, to build their rewards bank and [...]

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