Monthly Archives: June 2013

Odette Morin

Going on vacation soon? Here are a few things to add to your to do list:

I don’t know about you but I love to Travel.  Going away somewhere exotic, adventurous or culturally enriching, away for our routine is Terry and me favorite life indulgence. This month we are leaving for Bora Bora, Tahiti and the Cook Islands to celebrate my big birthday.  We have a long travel list that we improve every year to make sure we do not forget anything.  This list also include a few financial things to do or review before we leave.  You might want to add a few of these items to your list:

  • Make sure to contact your credit card provider to let them know of where you will be going and what email address to reach you. This will avoid unpleasant interruption for suspicious transactions.
  • Review your Wills before you leave. A Will should be updated every few years. Take the time to look at it and see if you have everything in good order for contingent beneficiaries and guardians in case of a common disaster.
  • Take some cash with you of the currency you will be needing. Enough for the first 3 or 4 days is sufficient. It is easy and safe to use bank machine now pretty much anywhere in the world and paying by credit card is not only convenient, it is also safer than carrying cash around.
  • Give friends or family an itinerary of the places you will be going and staying so they can find you in case of emergency and know where you have been if you go missing for a few days.
  • Get travel insurance or bring your group benefits card. That is a no brainer. Medical insurance is a must as soon as you leave the province. Double check your group benefits plan to ensure that it provides enough out-of-province and out-of-country coverage. If not, call us to secure health coverage as soon as you book your trip.
  • Cancel newspapers and get a friend to collect your mail, so it is not obvious that you are not home.
  •  Turn off your data and roaming services from your mobile phone to avoid unpleasant surprises and only use Wi-Fi from your hotel or internet cafés.
  • Finally, refrain from bragging about leaving for your trip on Facebook and certainly do not give specific dates.

Enjoy your vacation!!  Above is a picture of one of the Cook Islands, Aitutaki, we will be going to soon.


Odette Morin

Money and friends or family usually don’t mix well.

If a friend or family members ask for a small loan, of course you should help if you can, but make sure you can afford to lose it.

When large sums are in question however, it’s a different story. It may be hard to say no but if these funds could jeopardize your future, you have to avoid lending large sums of money and offer to help in an other way.  Here is a great article you should read before lending money to a friend.  At the end of the day, lending money is a business transaction and should be handled in a business-like way.


Odette Morin

Wills and providing for your Pet

We are in the process of redoing our wills and we decided to make provision for our dog Amy Lou. Yes, it is essential to provide for our pets. They depend on us just like a child! We named our dear friend Sofia (with her prior approval of course) as caretaker and gifted funds to her outright to take care of our little Amy Lou.

Make sure to include your pets in your Will and provide money for the caretaker.  Pets cost money, sometimes, a lot of money. The average cost of a dog for example range from $700 to $3000 per year.  There should be funds allocated in your will for the caretaker depending on the type of pet and its age.

Here is a picture of our sweet Amy Lou.  She sure cost of lot of money when you add up all the outfits, bows and day care cost. Her chews alone cost $6 each!  Oh my!!  Well, as you know, she is our only baby and want to make sure that she at least gets the proper health care as she gets older.