By Carla Hindman, Director of Financial Education, Visa Canada
Fall is officially here. With the new season comes new reasons to spend money, including increased utility bills, winter wardrobes and upcoming holiday purchases. Here are some tips to help you fall into savings this season.
Winter proof your home: A little TLC during the fall season can go a long way towards saving on winter utility bills. Improve your home’s insulation factor by caulking or using weather-stripping on windows and doors, and consider cleaning out your gutters to help with drainage. Cleaning or changing your furnace filter and checking into any needed roof repairs are two frugal, essential habits to help prepare for the winter months. Looking for other cost-effective alternatives? Switch to energy efficient lightbulbs. They may cost more initially, but they’ll save you money in the long run. Read more
Many business owners understand the important role that life insurance plays in effective corporate planning. Whether it is the funding of a shareholders’ agreement, life insuring corporate debt, or protecting against loss from the death of a key employee, life insurance is of great value in underpinning the financial success of a corporation.
Just as life insurance needs for families change over time the same is also true for requirements of a business. If it has been some time since you last reviewed your corporate needs then it is probably time for a corporate insurance audit. This is especially true if the company has grown in value since the time the insurance was first implemented. The scope of the audit and the insurance related issues include the following: Read more