Davelle Morrison

What you need to know to design a budget

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Connie Parsons, owner and a Financial Planner at Portfolio Clinic gives us some tips and insights into the financial planning world. What does a financial planner do? Why should people do up a will? How many people do not have a will? How often should someone update their will? Why would somebody need disability insurance? What is the difference between having mortgage insurance than life insurance? Are mortgage insurance is essentially just to make sure that the mortgage gets paid off if you die? How can you help someone save for a down payment on a home if they are wanting to get into the market? What is a Tax Free Savings Account? How can a financial planner help people budget their money more effectively?