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herbiggirlpants

~ the new reality of a "70 something"

herbiggirlpants

Tag Archives: life insurance

currency…

24 Tuesday Sep 2013

Posted by sulis303 in Uncategorized

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beloved, big girl pants, blessed, currency, life insurance, money, peace of mind, pension, RSP

had a few conversations about money recently…

brought back some memories of when George died and I was so worried that I wouldn’t be able to keep the house or have a life…

George did a good job of ensuring there was sufficient money available for me… there was life insurance money and RSP money and pension money… all of which enabled me to continue my life without any great difficulty… truly I have been blessed…

like others, I am more likely to spend some of it now, as opposed to waiting till I retire, because who knows whether I will be healthy in five or ten years, or even alive…

in January I took all of the kids to Mexico, thanks to some of the life insurance money that I received… I was able to take the Alaskan cruise with some of those funds as well…

now I have slowed the spending pace down a bit, but am thinking about what trip I will take next…

I think about all I learned after he died and I had to deal with insurance companies, credit card companies and government agencies… sadly, if you make any mistakes in the process it can take a very long time to get things sorted out…

but money isn’t everything, as I have seen with a few friends who have lots of it… it doesn’t really bring happiness or health, although it does provide some peace of mind…

there is also the currency of friendship, and health and caring for others…

remember...

remember…

My financial closet…

28 Monday Jan 2013

Posted by sulis303 in Uncategorized

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big girl pants, closet, CPP, credit card insurance, debt, financial well being, government departments, life insurance, perseverance

had a late meeting, so got a few extra hours at home this morning…

clothes to take to Mexico...

clothes to take to Mexico…

saw a little piece on TV by the Golden Girl Finance women about comparing your finances to your closet…  it was very cute and reminded me of some of the things George and I had done to ensure our financial well-being…

George had life insurance from the time he was about 15 and both of us understood the important of insurance… when my parents were newly married their home burned to the ground and they got out with the clothes on their backs and the blanket they had wrapped my brother in…

at one point in our life we had to cancel one of the policies because we were in a very poor financial situation but he maintained his remaining policies…  we also carried insurance on our credit cards and line of credit and thanks to that I was able to wipe out any debt we had, which has made going forward much easier for me now that there is only one income…

I learned that I should have started claiming CPP as soon as I turned 60, even though I was still working… luckily I was able to rectify that…

dealing with government departments, like CPP, can be very stressful…  what I learned over time is that if you aren’t getting the right answers from the person you are speaking with, it might be a good idea to call again and see what another person’s response might be… if you can get someone interested in you, it feels as though they try harder to sort out your issues…

perseverance was something I also learned about… to me it felt as though the forms, roadblocks, and lack of interest were an attempt to have me give up and not collect what was rightfully mine…

thankfully I have sufficient income to remain in my home as I move forward but I have had to wear those big girl pants quite a bit over these last ten months…

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