Insurdinary Blog - Money Saving Tips & Articles

Avoid investing mistakes by diversifying, sticking to long-term goals, understanding your risk tolerance, and being mindful of fees. Don’t let emotions drive decisions, keep an emergency fund, and regularly review your investments to stay on track.

Life insurance does more than cover funeral expenses. In 2025, it offers powerful yet often missed benefits—like tax-free wealth transfer, living benefits, debt protection, and income replacement. These features can help you build wealth and secure your family's future while you're still alive.

A void cheque is a standard cheque marked with "VOID" to prevent its use for transactions. It provides essential banking details—such as the account number, transit number, and institution number—needed for processes like direct deposits and automated payments.

To convert money efficiently, compare exchange rates across reputable banks, currency exchange services, and online platforms to find the best rate. Avoid exchanging money at airports or tourist hotspots, as they often charge higher fees. Consider using multi-currency accounts or travel-friendly credit cards with favorable exchange rates and low transaction fees. Plan ahead to minimize costs and ensure a smooth conversion process.

GST/HST payment dates in Canada are typically scheduled quarterly, on the 5th of January, April, July, and October. These payments are managed by the Canada Revenue Agency (CRA) and are designed to assist eligible individuals and families with low or modest incomes by offsetting the taxes they pay.

The average income in Canada for 2024 is $65,528.16 annually, with regional variations. In Ontario, the average annual income is around $67,258.92, while in Quebec, it is slightly lower at $62,778.72. British Columbia has an average income of about $66,162.36, and Alberta with $69,048.36. These figures highlight the economic diversity across regions.

Many folks outside of Canada think that health care in this great nation must be a breeze as it is […]

Have you considered getting supplemental health insurance for you and your family? If it's not something you've already thought about, […]

Permanent life insurance is a financial product that transcends the traditional role of providing security for loved ones in the […]

Life is full of uncertainties, and planning for the unexpected is essential for safeguarding your loved ones' future. Life insurance […]