Financial Freedom

We all know the old expression, "the rich get richer, and the poor get poorer". This is not a far off comment. The reason the rich get richer is because they teach their kids and grandkids about how money works and how to make money work for them. This is because the big investment firms have taught them that. Having said that, the poor just keep getting poorer because they don't have this education. We are committed to helping change the lives of people by educating them on how money works.

Monday 5 December 2011

Insure your mortgage

Your lending institution offers mortgage insurance. But why settle for an insurance product that does just one thing? When it comes to protecting your mortgage, there’s another option to consider.
Term insurance from Transamerica Life Canada is an innovative solution that protects your family’s future as well as your home. Term insurance can offer more protection, more flexibility and more value than traditional mortgage insurance, often at a better price.

2 comments:

Anonymous6 December 2011 at 10:49
Hi Sam,

My name is Howard.

I have a question regarding RRSP. My mother is turning 66 and she has allot of money in RRSP. What do you suggest she do to take it out in order for her to protect herself from the Tax man?I believe she can only take out so much. Can she transfer it into anything else?
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HIGHLY RATED6 December 2011 at 11:02
Hi Howard,
Thank you for your comment. That is a great question and I'm happy to provide you with an answer and solution to help your mother. There are definitely options available for her to avoid paying taxes however we would need to sit with her to properly access the overall situation and see the best fit for her. As you know our services are free of charge so please don't hesitate to call us at 647-881-7674 to set up a no risk consultation. You can also pick up a great reader on this topic "Tax Free Retirement" by Patrick Kelly. Have a blessed day.
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