Weekly Personal Finance Roundup February 19th 2015

Posted on February 20, 2015 and updated February 23, 2015 in Life Insurance Canada News, Weekly Round-up 3 min read
weekend reading personal finance

This week we started early with an article that suggests ideas for how to show your loved ones you care about them any time not just for Family Day. Pension analyst and financial journalist, Sean Cooper, brings his knowledge to our critical illness insurance experts roundup. You can read all about his thoughts on critical insurance here including his thoughts on if critical illness insurance is underestimated or not. Lastly, we report on the Supreme Court of Canada’s new ruling on doctor-assisted death and how it may affect life insurance in the future.  

In this week’s weekly roundup we have articles that help you build your budget. We also have articles to explain RRSPs and when you should probably avoid making a contribution. Enjoy your weekend everyone!

Jordann Brown from My Alternate Blog provides tips on how to handle your budget deficit

Money We Have gives us a few scenarios where you might want to avoid making a contribution towards your RRSPs. If you have high interest debt or if your income is very low then there are no worries in making a contribution first. Focus on paying off that debt first.

Lauren Bowling from L Bee and the Money Tree created a 10 step guide on building your budget. I absolutely love this guide. One of the most important steps on this guide is number 7 where you need to review big and little picture spending. Review your spending patterns and adjust them.

Boomer and Echo describe 15 ways to get the most out of your Costco membership

Brighter Life warns us of the dangers of sitting. One of their five Bright Ideas is to monitor your sitting your sitting time and outline some time to get up and move around. 

Holy Potato started series all about RRSPs and their value. He explains the RRSP deadline that everyone obsesses over in February. 

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