Disaster-Proof Your Life – Insurance Needs

Preet Banerjee (a prominent Canadian personal finance personality) explains insurance as “disaster-proofing your life”.  This description has always stuck with me – which is noteworthy, given that insurance-related topics don’t exactly scream “memorable”.  Insurance is one of those things that no one really pays attention to – until they badly need it.  Protecting yourself from a financial disaster should be one of your top priorities when it comes to your finances.  After all, what’s the use of putting all that energy into earning and saving if you aren’t going to take care of what you’ve worked so hard for?

Below you’ll find tips on how to protect your car, home, and even your pet (if you’ve ever gotten a vet bill, you know the pet isn’t the only one that needed protecting).

More Top Posts

best student credit cards canada

Canada's Best Credit Cards for College Students

If you're a student making occasional purchases like groceries and gas, online shopping, flights, and hotel reservations, a student credit card can make life much easier. Using a student credit card regularly and paying off your purchases also has the additional benefit of helping you establish a credit score, which will set you up for…

best mortgage rates canada

What's the Penalty for Breaking a Mortgage and When to Consider It?

Mortgage rates in Canada have been quite competitive recently, with low-cost providers entering the market and interest rates in decline. With attractive rates beckoning, you may wonder whether it’s worthwhile to break your mortgage contract before the current term ends and switch to a different provider that’s offering a better rate. In some situations, breaking…

how to manage your money

Best Ways to Manage Your Money Better

Managing your finances is an essential life skill, but surprisingly, most schools don't teach personal finance 101. As a result, many Canadians don't understand the importance of managing their money – and even fewer know how to do it. In the 2014 Canadian Financial Capability Survey, only 15% of women and 22% of men correctly…

best home insurance companies

Canada's Best Home Insurance Companies

The biggest purchase you’ll ever make in your life? Chances are it will be a home of your own. So it makes sense to protect your investment from the unexpected. If you don’t already have home insurance or you’re not sure where to start, we’ve put together a list of the best home insurance companies…

index funds canada

What Is An Index Fund?

If you’re a savvy investor, you’ve undoubtedly heard of “index funds.” But what the heck is an index fund and why would you want one in your portfolio? We answer all your burning questions about index funds in Canada. What is an Index Fund? An index fund is a type of mutual fund that’s designed…

automate your finances

What Does It Mean to Automate Your Finances and How to Start?

Did you know that 30% of Canadians cite financial stress as a larger worry than their overall health? But managing your money doesn’t have to be a headache! In this article, we share eight simple strategies to automate your finances and grow your wealth, as well as some easy tips on how to get started.…

> >