JustADude.ca/Financial

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DISCLAIMER: I am not a trained financial planner, and any advice within these pages shall be taken at your own risk.

Here are some tips to help become more savvy with money.

Estate Planning

Death

Insurance: Life & Disability

  • How To Score Well On Your Life Insurance Medical Test (Million Dollar Journey)
  • Money Sense Feb/March 2015:
    • Recommended term life insurance (typically 10 to 20 years) long enough to support dependents and spouse. Term life - pay a fixed premium for a specified period.
    • "Your life insurance should cover your mortgage and personal debts, as well as replace 10 times your income if you have kids under age 10 - five times your income if your kids are older than 10" says Marr Stinson.
    • Not recommended: permanent life insurance (unnecessarily costly) & mortgage insurance (more expensive & coverage decreases)
  • 6 Important Tips When Buying Disability Insurance (Million Dollar Journey)

Investing

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Financial

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