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Category: Uncategorized

July 29, 2014 - Posted In: Uncategorized

Should You Buy Life Insurance For Your Kid?

I read an article on July 26, 2014 in the Financial Post by Melissa Leong titled Should You Buy Life Insurance for your Kid? Ms Leong asked the question of three financial services professionals – Chantal Marr, president of LSM Insurance, Ed Rempel, a certified financial planner with Armstrong & Quaile Associates […]

June 12, 2014 - Posted In: Uncategorized

Some Group RESP Companies Will Stop at Nothing to Get Your Contact Info

Group RESP Companies are known for some very aggressive sales tactics but now it seems that one such company has crossed the line – the legal line. The office of Ontario’s privacy commissioner and the Ontario Securities Commission are reportedly both investigating the breach.

June 10, 2014 - Posted In: Uncategorized

Will Your Pension be Enough to Pay For Your Great Grandchildren’s Education?

A while back we posted a blog called Are You a Member of the Club Sandwich Generation? about a relatively new phenomena called the Club Sandwich Generation – people taking care of 3 generations:

June 5, 2014 - Posted In: Uncategorized

Can Student Loan Debt Wipe Out Your Retirement Savings?

As we’ve blogged on several occasions – Why is There So Much Student Debt?, There is No Escape From Student Loans,

May 26, 2014 - Posted In: Uncategorized

Should You Buy Insurance For Children?

People are confused about life insurance and about the insurance industry in general. There are too many products, and the products are complicated. As a result fewer Canadians are buying life insurance in spite of the fact that there is a definite need. Those in the insurance industry recognize the problem and […]

May 22, 2014 - Posted In: Uncategorized

What are Your Priorities in Allocating Money to Help Your Child Financially in Life?

HSBC recently sponsored a global survey – The Value of Education: Springboard for Success. Parents were asked what their priorities were in allocating money to help their child financially in life.

May 12, 2014 - Posted In: Uncategorized

A University Degree is Worth $830,000 More Than a High School Diploma

A lot has been written lately about university graduates not being able to get jobs in their field and struggling with minimum wage jobs, or no jobs at all. Many people have been left scratching their heads, wondering if it’s really worth spending time and money pursuing a post secondary education.

May 8, 2014 - Posted In: Uncategorized

You Can Have a $76,000 Education Fund For Your Child For the Price of 2 Lattes a Day!

The average price of a latte is $4.00. Two lattes a day =$8.00. One year of lattes can cost you $2,920.00. For less than the price of 2 lattes a day you can have a $76,000 education fund for your child!

May 5, 2014 - Posted In: Uncategorized

Does Raising Taxes So That Your Child Can Have a Pension Make Sense to You?

It may not make sense to you, but this is the plan put forth by the Ontario government in Thursday’s budget. At the present time 66% of Ontarians do not have jobs with pension plans. These Ontarians who lack company pension plans will have to start paying up to 1.9% of their […]

April 22, 2014 - Posted In: Uncategorized

Can a Summer Job Fund Education

Before we can even begin to address whether a student with a summer job can fund their education, we first need to be realistic about the very serious issue of youth unemployment. According to the Canadian Centre for Policy Alternatives:

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