Articles

How to Manage Risk in Your Life

How to Manage Risk in Your Life

Risks are part of our daily lives. We risk waking up late for work, we risk contracting a virus when we’re out and about, we risk losing our jobs in a market downturn, we risk our marriage failing, we risk our children going astray, we risk losing our money in poor...

A Tale of Three Workers

A Tale of Three Workers

Imagine a company which has three employees. The first employee, Stuart, is your typical go-getter, strategic and smart. He is always ahead of the curve in innovation and brings a lot of value to your company, driving growth and delivering outcomes. However, Stuart is...

Principle #2 – Insurance is for Protection

Principle #2 – Insurance is for Protection

If you were asked to key in your life insurance premiums into a budget worksheet, how would you classify it – as an expense, saving or investment? If your insurance plan has a cash value, you might treat it as savings. If your insurance plan buys units in a unit...

Insurance Principle #1: Insurance is an Expense

Insurance Principle #1: Insurance is an Expense

For most of us, buying insurance isn’t exactly a conversation starter and for some, it could conjure up negative feelings, depending on how you think about insurance. Nevertheless, it is an important topic as it sets the foundation of our financial plans and...