This is an amazing video that explains the benefits of critical illness coverage. Critical illness policies pay the entire coverage in a lump sum payment, and only pay for the first illness. It is important to acquire adequate coverage .

1)     You decide how your estate will be distributed. 2) You decide who will take care of your minor children. 3) To avoid a lengthy probate process. 4) You decide who will wind up the affairs of your estate. 5) You can disinherit individuals who would otherwise stand to inherit. 6) Make gifts and donations 7) Because you can change your mind if your life circumstances change. 8) Because tomorrow is not promised.

Guys, I thought i should share the history of life insurance since people often have misconceptions about its purpose. Hope you can take the time to enjoy this short clip.

This was certainly a blast from the past. Little did I know that this would have had such immense impacted my life . Enjoy and sing along.

Most persons want to own their own home. To some its just a dream that starts to fade away as they grow older. To others it means finding a way to increase their monthly income or finding the right partner so that their dream can become a reality. As property prices increase steadily the qualifying income also increases sometimes to unattainable limits for  single income earner. Let me just share a couple things I've come across over time. Buy a fixer upper I know it sounds strange but consider the cost of a livable fixer up in a good neighbourhood vs the cost of a completed property. Purchasing a fixer upper allows you to own your home, move in and do renovations over time. Please keep in mind that you should compare your monthly payment that is,  (paying a landlord vs owning your own property). Rental Income I know you first house is your home but its also a major asset in your portfolio. How comfortable are you paying the bank $3000,$5000, or $10000 monthly and because

So you want to vacation in a special place. I know planning could be really tricky. Here's a few tricks I used to save on travel cost.     1) Consider searching for your hotel accommodations months in advance. Using sites like Bookings.com and Priceline allows you to book a hotel and pay for it on arrival. Even if you change your mind there's the option of free cancellation. Booking your hotel months in advance guarantees you the absolute lowest price. 2)  Consider using the miles on your MasterCard to pay for your airline travel. It could save you a bundle especially when your destination is Europe or  North America. Your total cost will include taxes only. 3) Foreign currency is difficult to obtain now, but a little goes a long way. Why not buy small amounts monthly and accumulate your foreign currency over time. It works!! 4) Finally, here's a trick that works for me all the time. Identify a short term savings account in the financial institution of your choi