10 Ways to Save on Home Insurance

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If you have a mortgage, then chances are you have home insurance too.

But if your home is mortgage-free (congratulations!), then insurance becomes an option.

Why should we insure our homes in either case?

Because most of us do not have the money sitting in the bank to buy another house right away if it were to burn to the ground.

We received the annual bill to renew our home insurance recently. And because it’s the same company as our car insurance, we decided to bundle up.

But before signing up, I made sure we had all the discounts available to us to get the best value of my money.

In fact, each successive year, I’d check and see if new discounts became available (like a new loyalty discount we’d be eligible for).

We've been with the same company for seven years. Here’s my drill: I ask if there are any discounts we're not using, and then double-check the facts they have on file.

If you’re completely new to insurance, then here’s a quick primer from The Globe and Mail.

10 Ways to Save on Home Insurance

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The Best Credit Cards In Canada 2016

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Can there really be one single BEST credit card?

Honestly, nailing that down is pretty hard because everyone's preferences are different. Credit cards offer so many types of rewards, features, insurance, and perks that comparing them against each in an apples to apples way seems nearly impossible...

But, I was foolish enough to try.

5 years ago I made my first attempt at ranking Canadian credit cards. That first attempt was good but not great - I held back from naming THE best card. I continued to track more cards and improve the system year over year. Thousands of hours have been invested...

Today, 124 cards of all types are tracked and ranked using 40+ unique ranking factors to determine which are really best. Finally, there can be one true champion that is best for most Canadians.

Of course, the decision of whether the winner meets your needs is all yours ... but you won't find a better starting point than this: Keep reading » about The Best Credit Cards In Canada 2016

6 Alternatives to Owning a Car

6_alternatives_to_owning_a_car.jpgThis is no stunning revelation. But vehicles cost a lot of money to maintain.

Things like insurance, fuel, parking, tires, maintenance and repairs can add up at an accelerated rate.

One way to keep your monthly costs low is to find an alternative to owning a vehicle.

When I was in university I owned a vehicle but only had it insured during the summer months. This meant I didn’t have to pay for vehicle costs for about 8 months of the year and was able to save big.

At that time I had no choice - I was a student with little to no income, so I had to cut costs where I could. Even today, after graduating, I still try to drive as little as possible as I know vehicles can be expensive, especially with the rising cost of fuel.

Mr. Money Mustache, a Canadian-born engineer who retired at 30 and now lives in the United States, explains that vehicles are costly for most of us and advocates using a vehicle as little as possible.

6 Alternatives To Cut Your Costs

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Addictive Consumerism: The Danger of Collecting Shopkins

addictive_consumerism-_the_danger_of_collecting_shopkins.jpgAt 18 months old, my daughter said this one word that stopped us in our tracks:

Cash.

Stephen happened to be holding some cash at that time, and she heard us say the word. So she mimicked what she heard. Over and over again.

Now she’s 6 years old. And it’s my turn to learn a new word from her - though it’s not one that I particularly enjoy...

Shopkins.

I had no idea this word existed until about 6 months ago. I took my daughter to her friend’s birthday party. And then gift after gift (except my daughter’s gift), her friend unwrapped boxes of shopkins.

My daughter just turned 6 recently, and she received one shopkins playset. I knew it was only a matter of time. There’s no escaping it...or is there?

If you’re lucky and uninitiated into this world and you’re asking: what are shopkins? Here’s the short version:

They are small plastic toys designed to be collected and treasured by little girls.

Let’s unwrap that thought piece by piece:

  • They’re small enough to be choking hazards.
  • They’re collectible. So one playset ain’t gonna to be enough. And their collection is never-ending.
  • Treasured. This craze is real. And here’s another.

Now before I continue my rant on Shopkins, I’ll have to come clean. Keep reading » about Addictive Consumerism: The Danger of Collecting Shopkins

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