Life’s surprises that shouldn’t surprise you.

Lsurpriseife is full of surprises, most don’t cost you a thing but these 4 surprises may set you back a lot of money.

No matter how old you are or what you do, having a stash of money put aside for when things go up-side-down may just be the thing that keeps you from going crazy.


Isn’t it strange how the majority of home repairs always seem to cost about $5,000?  New roof: $5,000. Waterproof your basement: $5,000. Furnace: $5,000. New windows: $5,000 … you get the idea.  Home maintenance often has an unfortunate sense of timing that your home insurance most likely does not cover.

The Hidden Costs of Driving a Car

As CAA’s Driving Costs Calculator shows, there’s more to the cost of your vehicle than just the purchase price; gas, repairs, insurance all seem to empty your bank account.  Repairs especially have a way of coming out of nowhere; they won’t mind leaving you stranded on the side of the road instead of kindly waiting until you get home.

An Apple a Day

Having an apple a day while on vacation isn’t always an option.  A trip to the emergency room while out of the country, whether due to an illness or accident, can be costly without travel insurance.  We’re not talking Canada’s health care system here.

A New York Times article described the costs of a trip to the emergency room for 2 people in need of a few stitches. The first, a woman who gashed her knee at a BBQ and needed 3 stitches was charged over $2,200; and the second, a toddler who fell off the couch needed some skin glue to close the wound rang up a bill of almost $1,700. In reality, these are minor injuries, imagine if it were more serious. The article continues to state that a “day spent as an inpatient at an American hospital costs on average more than $4,000”.

What Do You Mean You’re Letting Me Go?

It happens to everyone at some point or another in their life; you find yourself suddenly unemployed. For times like these, most financial experts would say that you should have at least 3 months’ worth of salary saved for this moment.

Building a nest egg, along with everything else, can at times feel like a never ending battle, but remember saving money is a marathon, not a sprint and every little bit gets you that much closer to your goal.

Reach Your Savings Goals Sooner: See If You Can Save on Insurance

Whether it’s car insurance, home insurance, life insurance or travel insurance, overpaying for the insurance you need means there is less money in your wallet. 


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