Prairie Eco-Thrifter

MARCH 23, 2017

Sometimes parents will offer temporary funding to tide the family over in times of unusual circumstances (such as job losses or extreme medical expenses, etc). In Canada, parents can give unlimited, tax free amounts to anyone anytime. Most parents are going to intervene if they see a grown child being abused in a marriage.

Money 124

Money Family Parenting Kids and Family 124

Prairie Eco-Thrifter

JANUARY 16, 2012

In addition, there are tax benefits for both first-time and seasoned homeowners. Genworth Financial for example, offers job loss protection so that you can continue to make mortgage payments if you lose your job. One loan with mortgage insurance is often a lot cheaper than taking out two separate loans.

Insurance 185

Insurance Home Buy Buying 185

Prairie Eco-Thrifter

MAY 1, 2013

If you lose your job, or encounter another financial setback, 30% of your income might be too much to handle for a mortgage payment — especially if you have other debt. And what happens when you add in property taxes, utility, home insurance, and maintenance? Markets and economic conditions change as well.

Life Insurance 213

Life Insurance Insurance Debt Property Taxes 213

Prairie Eco-Thrifter

SEPTEMBER 15, 2014

Knowing I had the financial backing to live through negative life events (divorce, job loss, catastrophe, etc) removed a level of stress from my life. How can you best protect it from evaporating into the tax systems? I hate to be taken advantage of in a financial transaction, just as I did when poorer.

Money 247

Money Grandchildren Thrifty Job Loss 247