As a new parent, I read the Financial Tips for Expecting Parents column on CNN Money and the New Parents’ Top 10 Mistakes on MSN Money with great interest. Both columns stress the need to:
Get adequate life insurance for both parents.
Get disability coverage for both parents. (I am glad we had disability coverage when [...]
Tags: Personal
I’ve been critical of our healthcare system in an earlier post. However, some parts of our healthcare system are working really well. When my wife recently had a baby, we received high-quality care from doctors and nurses during labour, delivery and post-partum. And we didn’t pay a penny from our pocket for the privilege. It [...]
Tags: Personal
I’ve been busy for the past couple of days expanding the size of our family. Hopefully, I should be back to blogging in a few days. I hope everyone is having a great summer.
Tags: Personal
I started at a new job recently and one of the benefits is partial matching of contributions to my retirement account. Problem is, the plan administrator offers a wide selection of more than 80 funds and I had to decide which fund(s) to buy in a day or two. It is going to take me [...]
Tags: Personal
For the last few years, I have been working in a small, privately held, software company. In a few weeks, I will be transitioning to one of the biggest software companies in the world. I am excited about the new opportunity from a professional standpoint. It will also be a very advantageous move financially. I [...]
Tags: Personal
Financially, 2004 was a very good year for us. We did a few things right:
1. Fully funded our retirement (RRSP) accounts. 2004 RRSP contribution limit is 18% of 2003 earned income subject to a maximum of $15,500.
2. Pre-paid our mortgage as much as possible. The way I see it, there is no investment option available [...]
Tags: Personal
