Author: Jennie

Many of those reading this have been through two periods of serious economic disturbance: the ‘08 recession, as well as the financial crisis that happened as a result of COVID (and is still unfolding to some degree.) As such, you might be looking at the ways the markets are shifting, and be thinking to yourself, “What can I do to protect my money in that situation?” Here, we’re going to look at a few options. Get out of debt As you might have expected, the first answer when it comes to anything related to financial security is to find your…

Millions of people are affected by debt, but can you get a mortgage if you owe money to other people or institutions? The short answer is yes, you technically can get a mortgage while in debt. It largely depends on the type of debt you’re in and how much you owe, but it’s entirely possible to get your hands on a home loan and jump on the property ladder. Whether or not you should get a mortgage while in debt is another question entirely. We’ll touch on this towards the end of the post, but first, what do you need…

Real estate has long been considered a lucrative investment, offering the potential for substantial returns over time. However, many aspiring property investors are deterred by the misconception that real estate requires significant capital to get started. With strategic planning and financial hacks, entering the property market is possible even with a limited budget. To explore this topic more, we’ve received some helpful information from TK Property Group, a specialist in buy-to-let property investments. They work with various partners to bring high-return opportunities to investors while revitalising local communities and supporting the demand for rental accommodation. TK Property’s portfolio primarily covers…

Critical Illness Insurance stands as a shield, offering protection and support during challenging times. One crucial aspect that often raises questions is the death benefit associated with this insurance in Canada. Let’s unravel this vital aspect to understand how it works and what it means for policyholders. What is the Death Benefit in Critical Illness Insurance? In the world of Critical Illness Insurance, the death benefit is a crucial element that provides financial protection for policyholders and their loved ones. To put it simply, if the insured individual were to pass away while the Critical Illness Insurance policy is active,…

Struggling with debt is never good, but that doesn’t mean that all debt is bad. Borrowing money can allow you to do many things and achieve various goals. It can help you buy a car or a home, or it can spread the cost of various big purchases. But if you want to ensure your debt is “good debt”, you need to know how to identify it. Making the wrong choices about what debt you choose to take on could end in disaster. Before you take out a loan, get a new credit card, or purchase something on credit, there…