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    newlyweds financial planning
    • Newlyweds: Planning for a bright future, together
    • Date: December 15 , 2015
    • Building a new life together will take some financial teamwork. Though you are a couple, you may have different financial histories, saving styles and expectations. It’s important to make time to talk about your current finances and future goals. Then create an action plan, together, that includes a way to save, invest and protect your assets – now and as they grow. These tips will help you create a financial plan, together, as a newly married couple. Discuss your current finances and where you want to be 5, 10 and 25 years in the future As a couple you’re compatible in many ways but your “saving styles” may differ. Are you a saver or a spender? Are you comfortable taking investment risks? It’s helpful to determine and compare your saving styles. Knowing each other’s saving styles can help you understand each other and find ways to achieve financial goals, together....
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    • Single and Successful: Take Charge of your Financial Future
    • Date: November 03 , 2015
    • After years of education, young professionals can feel satisfied when they finally kick start their careers. But this is no time to rest on your laurels; it’s time to take charge of your finances and start to plan for what’s next. Do you want to travel, start a family, or buy your dream home? For most young professionals, a balanced financial plan includes savings, investments and insurance. Savings can help you pay for big purchases, like a car or a home. Investing can help your assets grow over time. And as your assets grow, insurance can help you protect the financial foundation you’re building. As a young professional, you may gain access to group benefits at work, which can help you save, invest, and insure. Take the time to understand your group benefits plan. Does it provide enough for you to grow and protect your assets now and in the...
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    • Teachers Life wants to raise $25,000 for Children’s Mental Health Ontario
    • Date: October 06 , 2015
    • We’re donating $2 to Children’s Mental Health Ontario (CMHO) for every online quote generated. The #Quote2Give campaign will run until we reach our goal of $25,000 raised or until December 31st 2015. We encourage all members of Ontario’s education community to participate. Together we’ll raise awareness about kid’s mental health and the impact that it has on the classroom. Did you know? 1 in 5 kids in Ontario struggles with their mental health. 75% of mental illnesses first occur in people aged 15 to 24. Almost 1/3rd of students report having been bullied. Young people with mental health disorders are at greater risk for dropping out of school. Teachers Life will donate up to $25,000 to the CMHO Innovation Grants for leading school and community partnerships. CMHO, a non-profit association, represents and supports the providers of child and youth mental health treatment services throughout Ontario in partnership with its 90...
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    • Insurance 101: How much?
    • Date: October 02 , 2015
    • Well, everybody has a different life insurance need. Not a helpful answer, right? But it is a fact that everyone has unique life insurance needs. This blog should help figure out what your unique need is. The more you know the more effective your financial planning will be. The best way to answer to the “How Much?” question is to complete a Needs Analysis. A Needs Analysis is essentially is a balance sheet that lists all your financial obligations and compares them to your readily available assets. If your obligations exceed assets then you should consider life insurance coverage. When considering life insurance it’s a great idea to think of your financial obligations as either fixed-term or permanent obligations. Car loans, a child’s post-secondary education, mortgages and debt would fall under the fixed-term obligation. In other words, the financial obligation is temporary. If the financial obligation doesn’t seem to fall...
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