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Tag Archives: Financial Health

Dealing with death in Canada: estate planning and wills

In the last issue of our magazine, we already talked about the importance of having a Will – unfortunately, planes crash and traffic accidents happen daily. So, what happens after you die? What will happen to your family and especially minor children if you do not have a Will?  Grandparents, aunts, and uncles will not get custody of your children …

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From a financial hole to financial freedom

Each of us must clearly understand where we stand in terms of our financial situation. Here are four basic financial states: #1: Financial “hole” This is the worst financial state, when expenses exceed revenues, resulting in the presence of debts and the complete absence of any reserves and savings. The biggest mistake that is often made in this case is …

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Do you need a will?

About the Inheritance Law in Canada The Will and the Power of Attorney are something that absolutely everyone has to have. Without exception. Those of us who have accumulated material possessions, savings and investments, real estate properties, businesses, etc. And those who have not. Especially, those with minor children. Imagine a situation: a couple with minor children haven’t done a …

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How to become financially healthy?

Often, financial health is confused with financial stability – which is determined by income exceeding expenses, and absence of debts. However, just as health is more than the absence of diseases, financial health too is a much broader concept. First of all, it includes a financial plan. A financial plan is not needed for depriving yourself from all good things …

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How to avoid financial struggles in old age

Old age often comes much faster than we able to prepare for it emotionally, physically, and financially. In this article, we will not talk about the need to eat healthy, exercise regularly and overall take care of your health. Instead, we will focus on how to make our old age secure and comfortable in terms of financial needs. How to …

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Do you need a will? About the Inheritance Law in Canada

The Will and the Power of Attorney are something that absolutely everyone has to have. Without exception. Those of us who have accumulated material possessions, savings and investments, real estate properties, businesses, etc. And those who have not. Especially, those with minor children. Imagine a situation: a couple with minor children haven’t done a will – simply because they thought …

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Treatment of critical diseases by alternative methods: where to find money?

Alternative medicine is defined loosely as a set of products, practices, and theories that are believed or perceived by their users to have the healing effects of medicine but whose effectiveness has not been clearly established using scientific methods. Example of which is use of acupuncture (sticking needles in the body to influence the flow of a supernatural energy), homeopathy …

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