What about your Condo insurance?

60 DAY CHALLENGE 

DAY 4~ TIP OF THE DAY - 

YOUR CONDO INSURANCE!

Feb 4 - 2013

What about Condo insurance! Did you know that you should always ask for a recent copy of the Strata's insurance renewals? Why do you care?

The Strata has their own insurance as well as their own deductible amount. Which in most cases is $25,000 as an example. But, if you had a claim against another property or the strata's property you would owe the difference of your deductible amount and the Strata's deductible. In alot of cases your deductible might be $2,500. So, why is it important? We need to know to make the decision when we are renewing our own coverage whether we take the risk or whether we can decrease the risk.

Let's Expect the Unexpected and get prepared with YOUR BACKUP PLAN!

What about your Home insurance?

60 DAY CHALLENGE 

DAY 3~ TIP OF THE DAY - 

YOUR HOME INSURANCE!

Feb 3 - 2013

Do you know what you condo insurance looks like? Do you know what your house insurance looks like?
We always recommend that you review renewals every year because your furniture or property changes every year. Your property value, buildings and jewellery, tools, Artwork, etc need to be adjusted. Do you have any recent photos of anything included in your coverage or receipts? During the Kelowna fire there were hundreds of property owners trying to change their property insurance and they couldn't do or change anything on it even though it was only in the area.

Also Day 4 Tip we will review condo insurance.
Let's Expect the Unexpected and get prepared with YOUR BACKUP PLAN!

What about your Medical records?

60 DAY CHALLENGE 

DAY 2~TIP OF THE DAY - YOUR MEDICAL 

RECORDS

 Feb 2 -2013

Where are all your Medical records? Only the nurses in our BC Medical system realize that our hospitals in most cases don't share YOUR MEDICAL records with any other hospital.
So, I'll give you an example.
You have a blood clot appear all of a sudden in your leg and you get rushed to one of the hospitals in Abbotsford or Chilliwack or the Okanagan. They are asking for your medical records to see if you are allergic to anything, or what medications that you've had, or what you have you a reaction to etc. No one will know the information about your blood type, your last test results, or even what would be the best treatment advice considering your own records.
Without any difficulties you can get a family member to pull out your medical records and get them to you. With no effort all of your documents and information is kept all in one place!
Let's Expect the Unexpected and get prepared with YOUR BACKUP PLAN!

Join our 60-Day Challenge

Your Backup Plan Seminars
6 REASONS TO JOIN OUR 60-DAY CHALLENGE!
1- Get organized for when a Tragedy hits you LIKE A TRUCK! You don't even see it coming!
2- Worried about a Fire/ Theft or Fraud?  You can be better prepared!
3- Plan for all of those What if's to ensure you still have an income to pay your bills
4- Worried about who will look after the kids and pets? You should be!
5- Planning on saving for your Retirement? Save is what they say, or is it?
6- Securely manage your own Emergency plan
If you don't who will?
Let's Expect the unexpected and get prepared with YOUR BACKUP PLAN!
A tool for organizing tips, emergency preparedness, and having a Plan B. A system to guide you on What if. Organize, retirement plan and how to be prepared! For that disability, natural disaster, earthquake, theft, fraud, flood, sickness, death, pay bills, survival kit, budget, medical emergency, and now do you understand? Everything in one place!
http://www.yourbackupplan.ca

Social media and your Backup system

60 DAY CHALLENGE 

TIP OF THE DAY - ON SOCIAL MEDIA

 Feb 1-2013

Facebook is only one newer Social Media contact that we have in our lives today! 

And if our family or friends don't know our Facebook password then if something happened to us, with living or not, they would not be able to change the page or delete the page without many years of effort. 

Let's Expect the Unexpected and get prepared with YOUR BACKUP PLAN!

In Life Do you have a Plan B?

In Life, Do You Have a 'Plan B?'

Posted on March 6, 2012 at 5:00 am,, by Allan Bach

 

 

I enjoy writing my blogs. My blogs are written from my point of view and, I realize, not everyone will agree with the words I write. I am not adverse to differing opinions; I rather enjoy reading what others have to say about my ideas. However, all things must end and, it seems, my blogging days are numbered.
Since 1969, I have not had vision in my right eye due to a mishap while serving in the Air Force. I’ve done fine with my mono vision until a few years ago, when I was diagnosed with macular degeneration in my good eye. At first, it wasn’t much of a problem. Lately, though, I find it difficult to use a word processor, even with a large font. Writing short articles used to require less than 30 minutes--today I’m spending more time than I desire. I get frustrated using a magnifying glass to write my words.
I will be going in a new direction soon. As of now, I am not certain what this will be, but I’m confident that I have quite a few skills that others will find useful. I've always had a "Plan B." This brings me to the subject of this blog. Do you have a Plan B?
So many people I talk to are very skilled at what they do but, should something happen where they lose the ability to perform that skill, they don’t have a backup plan. In the computing world, it is important to back up your data. If a hard drive dies and you don’t have a backup, you’ll lose all your files, pictures, songs, etc. This does not make for a good start to your day.
What is your backup plan? Are you learning a new skill, one that is different from that which you are using at present? If not, could it be that you are you reading less and watching TV more? Do you find yourself spending too much time on Facebook? Is it impossible to turn off your cell phone for more than one hour? These can be distractions to your acquiring new skills--skills that could mean the difference between having a job and being unemployed.
Take some time right now to assess your Plan B. If you don’t have one, invest a few hours each week to learning something new. Go to a museum, a library, or just spend some time alone reading or listening to instructional audio recordings. You may find that there is a new world out there, waiting for you to contribute your view, your opinion, and your skills. You never know if tomorrow is the day you will write your last blog.

Thanks to Allan Bach,
http://hellertown.patch.com/users/allan-bach/blog_posts

What's your Backup Plan?

What’s Your Backup Plan? by Jackie Beck

www.Moneycrush.com

Planning is key to so much of personal finance — it’s how we get ahead and stay ahead. Without planning, we just scramble to react, or make decisions that can be bad for us because they aren’t well thought-out. (You know how it is when you’re forced to give an answer quickly, and then later you think of something better you could have said or done…) But it’s not just planning for things you want to have happen that matters. You’ve also got to plan for the what ifs; the things you actively don’t want to have happen.

Creating a good backup plan

You’ve got to create a good backup plan — at least for the common scenarios that many people encounter throughout their lives. What would happen if you lost your job today? What if you came home and your spouse had left you? What if you got into a car accident and needed to be hospitalized, or even died?
Think the scenarios through. If you find yourself short on a good answer to those questions (and stuff like “Well, I’d live on credit cards” isn’t a good answer to losing your job), take this as an opportunity to lay out what your ideal backup plan would look like. And then take steps to get there. For example, if you don’t know what you’d do if you lost your job, think about what you’d like to be able to do if that happened. Find another job, right? And be able to pay all your bills while you’re unemployed without worrying?
Then think about what you’d need to do to make those desired outcomes happen. (Polish up your resume, network regularly now, come up with other ways to make money, get an emergency fund going, etc.)

 

Thank you Money Crush, Jackie Beck for this great article on What's your Backup Plan?