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Should you move up plans to buy a home? Gauge the risks and rewards - National | Globalnews.ca

Should you move up plans to buy a home? Gauge the risks and rewards - National | Globalnews.ca

According to the Canadian Real Estate Association (CREA), homes sales fell 9.3 per cent in March compared with this time last year.
How much life insurance is the right amount? Let’s set up some time to discuss the details such as how long you need it and what kind might be right for you. You can walk out feeling more confident and educated on your options.


Script: How much life insurance is the right amount? Simply put, the amount of life insurance you need depends on your unique situation. A good place to start is to figure out how much life insurance you may need… how long you need it for… and what kind might be right for you. Let’s look at an example: Jackie is 33 years old… and has two kids. She has four goals for her life insurance: Leave money to her family to pay off her mortgage. Top up her kids’ registered education savings plans. Pay off her student loans. And, replace her income for 10 years. Based on these goals, Jackie is looking at a 1-million-dollar life insurance policy. If she died, her family could choose to use the insurance payout to: Put 300-thousand dollars toward the mortgage. Add 60-thousand dollars to the kids’ RESPs. Pay off her 40-thousand-dollar student loan. And… cover the family’s ongoing costs with the remaining 600-thousand dollars. How much do life insurance payments cost per month? In Jackie’s case, a 1-million-dollar, 30-year term policy for a non-smoking, 33-year-old woman… could cost about 80-dollars per month. For a man of the same age, it’s closer to 110-dollars per month. How long do you need your coverage to last? For a younger person… or a couple with debt and a mortgage, a 30-year policy or longer may be suitable. For someone in their forties… with little debt and a small mortgage… a 20-year policy might be the right fit. What are your options? Your employer may offer life insurance through your employee benefits. But… it may not be enough. And you can lose that coverage if you change employers. You may want to consider more life insurance. In which case, you have two types to choose from: Term life insurance. And… permanent life insurance. Any amount of life insurance can help give your loved ones some financial security when you die. Your unique situation will inform the amount and type of insurance you need. For more tips and tools, visit sunlife.ca.
The true cost of owning a dog - It's Your Money

The true cost of owning a dog - It's Your Money

Adopting a dog from a local shelter in Canada typically costs between $300 and $600. This usually includes vaccinations, spaying or neutering and a basic health check. If you’re getting a dog from a breeder, expect to pay anywhere from $1,000 to over $3,000, depending on the breed.
How women in Canada can start investing - MoneySense

How women in Canada can start investing - MoneySense

You have a lot of financial responsibilities—and you’re managing them all on your own. But how are your investments doing? Here’s what Canadian women (and those in their lives) need to know about investing.
66% of Canadian working mothers only considering flexible roles in 2025: survey

66% of Canadian working mothers only considering flexible roles in 2025: survey

Two-thirds (66 per cent) of Canadian working mothers say they’ll only consider roles with flexible work arrangements, according to a new survey by Robert Half Canada.
Free summer fitness program helps teens across Canada build lifelong healthy habits

Free summer fitness program helps teens across Canada build lifelong healthy habits

Free summer fitness program helps teens across Canada build lifelong healthy habits
Can you invest your time and money in a mid-career gap and still be financially secure?

Can you invest your time and money in a mid-career gap and still be financially secure?

Even for those who can’t afford such a gap, identifying your values and stress testing your financial situation and long-term goals can be an invaluable exercise in realigning your focus on what matters most, such as spending more time with family or pursuing other goals.
Expert panel: Unmasking mental-health challenges in the workplace

Expert panel: Unmasking mental-health challenges in the workplace

The theme of this year’s Mental Health Week — Unmasking Mental Health — is a reminder that many people in the workplace feel pressured to hide their mental-health struggles, often for fear of the stigma they’ll face, to protect their job security, avoid discrimination and fit in with workplace norms and culture.
Weekend Warrior Workouts Offer Same Health Benefits As Daily Exercise

Weekend Warrior Workouts Offer Same Health Benefits As Daily Exercise

🚴‍♀️ Weekend Warriors Reap Same Health Benefits As Those Who Exercise Daily

- New research shows that weekend warriors, people who exercise just one or two days per week, have a lower risk of death than regular exercisers.
- Prior studies have also shown that weekend warriors achieve similar benefits to heart and brain health.
- Experts agree that when you exercise each week matters less than making sure you get enough.
5 Ways to Reverse the Effects of Stress and to Slow Aging

5 Ways to Reverse the Effects of Stress and to Slow Aging

Almost everyone is stressed in these chaotic and unpredictable times. We take in over 60,000 GB of information every day, and the speed of life increases every year. And stress leads to inflammation, which is the root cause of many modern diseases. The good news, however, is that research shows you can reduce—and even reverse—the effects of stress on your body.
‘Good sign’: Economist says housing affordability improved last year, will continue in 2025

‘Good sign’: Economist says housing affordability improved last year, will continue in 2025

Economist says housing affordability improved last year, will continue in 2025
Where the cost of living is heading in 2025

Where the cost of living is heading in 2025

Where the cost of living is heading in 2025
How to boost your emotional wellness for mental health

How to boost your emotional wellness for mental health

🌸 Discover the life-changing impact of improving your emotional well-being and practical steps to get started
Arlene Dickinson once used grocery money to invest in stock

Arlene Dickinson once used grocery money to invest in stock

Arlene Dickinson, now a successful businessperson, the millionaire venture capitalist and Dragons’ Den personality offers advice for young investors.

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