Saturday, January 24, 2015

How To Completely Organize Your Financial Life

9:14 AM Posted by Kos Lo No comments
January is one of my favorite times of the year – for a financial blogger – because a majority of people start thinking about their money again. And when you start thinking about your money, the key place to start is organization.Over the years, I’ve tried everything possible to organize my money. I’m...

Monday, January 19, 2015

How Does Senior Life Insurance Work?

6:04 AM Posted by Kos Lo No comments
Senior citizens often have a difficult time obtaining life insurance. Some providers have age and health condition restrictions that prevent seniors from obtaining proper coverage. You can, however, still get a good policy. For elders, working with a broker is the best idea. The broker can sift through...

Are you ready for digital currencies?

6:04 AM Posted by Kos Lo No comments
When it comes to material things, technologies, and progress in general, I have never been an early adopter. I like my little comfort, even though I am adventurous with travel and life decisions, I guess having familiarity in the form of material things brings the stability I don’t have changing countries...

Different Types of Insurance Available

6:04 AM Posted by Kos Lo No comments
Insurance is a financial product in which companies that offer it will take on some form of monetary risk in return for the payment of premiums. An individual will typically invest in it to guard against having to pay out a large sum of money for common problems that may occur. Being insured gives peace...

Easiest Way Ever To Know How Much Money You Need For Retirement

6:04 AM Posted by Kos Lo No comments
Everywhere you go, you see various retirement articles telling you how much to save for retirement. One article will tell you that you need $1 million. Another article will tell you that you need $5 million. I don’t know about you, but the difference between $1 million and $5 million is fairly large.From...

What is the Guaranteed Income Supplement?

6:04 AM Posted by Kos Lo No comments
The Guaranteed Income Supplement can help if you have a low income in retirement. GIS is part of the Old Age Security Pension, and it can help you supplement your income in old age. It’s a non-taxable benefit, so you don’t have to worry about paying taxes on what you receive.Eligibility...

What is CMHC Mortgage Insurance?

6:04 AM Posted by Kos Lo No comments
The Canada Mortgage Housing Corporation provides mortgage loan insurance to lenders for home buyers with a down payment of less than 20%, to as low as 5%. It offers a way for borrowers to get away with putting down a lower down payment than a lender might like.However, it is important to note...

What is a Binding Financial Agreement (BFA)?

6:03 AM Posted by Kos Lo No comments
Perhaps more commonly known as a pre-nuptial agreement, a BFA allows a couple to agree on an acceptable division of assets. They can be entered into before the commencement of a marriage or relationship, at any point during the marriage or relationship and after separation.Entering into a properly drafted...

3 Reasons to Use an Online Only Bank

6:03 AM Posted by Kos Lo No comments
Data breeches are seemingly affecting everyone these days – or at least my husband and I feel that way. My debit card got ensnared with last year’s Target breech and his got caught up with the recent Home Depot issue. Our bank ended up cancelling our cards (with little notice), which was a big problem...

What To Do With Your Raise

6:03 AM Posted by Kos Lo No comments
I recently got a fairly large raise at work and immediately breathed a huge sigh of relief knowing that it would make a huge difference in our debt pay-off journey, especially on top of the money I make freelancing. You see, my freelancing money is basically a windfall for me – it’s money I haven’t...

The Health Insurance Premium/Deductible Tradeoff: Which Saves More Money?

6:03 AM Posted by Kos Lo No comments
For the first time ever, my husband and I have full benefits through his work. As we looked over our health insurance options, we discussed the premium/deductible tradeoff. We’ve had a high-deductible plan for years, mainly because that was the only way to keep health insurance costs reasonable...

Monday, January 5, 2015

Forex - Australian dollar gains ahead of trade data, yen up early

11:43 PM Posted by Unknown No comments
Investing.com - The Australian dollar gained on Tuesday in Asia ahead of trade data for November expected to show a wider deficit as commodity prices slumped globally in the tail end of 2014.AUD/USD traded at 0.8101, up 0.20%, while USD/JPY traded at 119.34, down 0.25%.Australia's...