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	<title>Financial Power</title>
	<link>http://www.thefinancialpower.com</link>
	<description>Important Keys To Personal Financial Success. Good Quality information About debt consolidation, insurance, saving money, practical investing and financial planning.</description>
	<lastBuildDate>Fri, 12 Mar 2010 01:11:55 +0000</lastBuildDate>
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	<language>en</language>
	
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		<title>The New Canadian Mortgage Rules</title>
		<description><![CDATA[
The Canadian housing bubble might really cool down as the Canadian government has made changes to the mortgage lending rules. The new changes are to take effect on April 19th, 2010.
Now when interest rates are at historic low, home buyers are purchasing homes often without careful consideration about the effects of higher interest rates, especially [...]]]></description>
		<link>http://www.thefinancialpower.com/2010/02/the-new-canadian-mortgage-rules/</link>
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		<title>Choose the right savings vehicle for your dreams.</title>
		<description><![CDATA[
While few Canadians may feel they don&#8217;t have enough tax-friendly savings vehicles, most ordinary working Canadians are well pressed even to maximize the contribution room they already have for their registered retirement savings plans.
Unfortunately, personal contributions in RRSPs have declined for more than a decade and will continue to do so as Baby Boomers start [...]]]></description>
		<link>http://www.thefinancialpower.com/2010/02/choose-the-right-savings-vehicle-for-your-dreams/</link>
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		<title>How TFSA can pick up where RESP leave off.</title>
		<description><![CDATA[
It’s that season of the year again when most of us want to make the most of our money by investing it in the right vehicle, helping us reach our dreams. As parents we want to do our best to help our kids start their life on a good ground. Since the TFSA was introduced [...]]]></description>
		<link>http://www.thefinancialpower.com/2010/01/how-tfsa-can-pick-up-where-resp-leave-off/</link>
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		<title>Begin again in 2010!</title>
		<description><![CDATA[
We all like new beginnings, new chances! Wouldn’t you too like to have a new start? A new chance to start all over again? Most of us made some mistakes over the years what we would like to erase from our memories, most of us would like to go back and change the words we [...]]]></description>
		<link>http://www.thefinancialpower.com/2010/01/begin-again-in-2010/</link>
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		<title>Holiday Spending &#8211; without Holiday Debt.</title>
		<description><![CDATA[
The holiday shopping season has been in full swing for several weeks, and everywhere, consumers are struggling with how to avoid impulse buys and avoid adding to their debt load. Every year you hear over and over again the how to: stay on a budget, keep a list, check the list again, and sleep on [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/12/holiday-spending-without-holiday-debt/</link>
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		<title>Stop Making the Same Money Mistakes!</title>
		<description><![CDATA[Are you making the same money mistakes year after year – without realizing it? Read on to discover the mistakes you might be making – and the steps toward lasting change. 

Mistake #1: Emotional Spending. In a recent study, people who had just watched a sad movie were willing to spend more than those who [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/10/stop-making-the-same-money-mistakes/</link>
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		<title>Understand your Money beliefs #5</title>
		<description><![CDATA[

We all grow up with money myths. We get a lot of them from our parents and the way they bring us up. I can still hear my mother saying “a dollar saved is a dollar earned”.
I grew up as the oldest and only girl and my father would buy me expensive clothes and footwear, [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/09/understand-your-money-beliefs-5/</link>
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		<title>Are you too lazy to be wealthy? #4</title>
		<description><![CDATA[
Once you determined your financial goals and the time frame to get there, you are on a new journey, a new direction and for a while it might be worth keeping it under your hat.
There may come a time when you will need to discuss what you are doing with money mentors, but for the [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/09/you-have-to-work-hard-to-be-wealthy-4/</link>
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		<title>Have You Made These Life Insurance Mistakes?</title>
		<description><![CDATA[It’s easy to neglect this cornerstone of your family’s financial health. Don’t make that mistake. While 81% of North Americans say they need life insurance, only 41% own an individually purchased policy. Do any of these other mistakes sound familiar? Have you made these life insurance mistakes?
Mistake #1 Putting it off. There’s no doubt about [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/09/have-you-made-these-life-insurance-mistakes/</link>
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		<title>Money Saving Tips When Buying Life Insurance</title>
		<description><![CDATA[
Life insurance, specifically Term Life, is arguably one of the best values in the entire financial services arena. Where else can you go and get hundreds of thousands of dollars in protection for literally pennies per day?
Rates for Term Life Insurance remain at all-time lows, and now is the time to lock in the best [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/09/money-saving-tips-when-buying-life-insurance/</link>
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		<title>Set Your Financial Goals #3</title>
		<description><![CDATA[
By defining what You mean by wealth, you have now a destination. Setting your goals is establishing a timetable to reach your destination. It’s simple as a road trip. If you are planning to drive to a certain place you want to know:
-what time you are leaving home
-what time you expect to arrive
-what route you [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/09/set-your-financial-goals/</link>
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		<title>Define What Wealth Means to You #2</title>
		<description><![CDATA[
What is Wealth to you? This is one step you have to take some time, sit down and work out in advance if you are going to get wealthy. Wealthy people invariably have worked this out: they know exactly what, to them, wealth means.
Someone once told me that he knew before he started out in [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/09/614/</link>
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		<title>Anyone Can Make Money!#1</title>
		<description><![CDATA[
The lovely thing about money is that really doesn’t discriminate. It doesn’t care what color or race you are, what class you are, what your parents did or even who you think you are. Anyone Can Make Money!
Each and every day starts with a clean slate so that no matter what you did yesterday, today begins [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/09/anyone-can-make-money/</link>
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		<title>Thinking Wealthy</title>
		<description><![CDATA[
Money is a concept. You can’t really see or touch it (unless you are holding a gold bar in your hand). You can only do that with some physical symbol of it like bank notes or a cheque. Pieces of paper, yes, but pieces of paper with enormous power.
The concept of money comes with a [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/09/thinking-wealthy/</link>
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		<title>How to Be Financially Secure at Any Age?</title>
		<description><![CDATA[
How you manage your money today affects your lifestyle in the years to come. And it’s never too late – or too early – to ensure a healthy fiscal future. Where to start? These age specific tips are very simple, but they’ll have a big impact on your bank account.
If you’re wondering where you’ll find [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/07/how-to-be-financially-secure-at-any-age/</link>
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		<title>Is Life Insurance a Good Investment?</title>
		<description><![CDATA[
Many financial advisors cast serious doubts on the investment potential of a cash value life insurance policy. It’s easy to see why. According to Moshe Milevsky, professor of Finance at Toronto’s York University, “policies that combine insurance with an element of investing- such as whole life and universal life-earn a lousy pre-tax return.”
Rather then trying [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/05/is-life-insurance-a-good-investment/</link>
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		<title>Tips for Making a Wise Insurance Purchase</title>
		<description><![CDATA[
1. Buy adequate coverage.
Strive for enough to really protect your family. It’s tempting to procrastinate or squuze by with less protection. No one ever thinks tragedy will strike. But the point of insurance is to protect your family in the event of a tragedy! Thousands of families are now truggling because they didn’t take protection [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/05/tips-for-making-a-wise-insurance-purchase/</link>
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		<title>What to Consider When Replacing a Policy?</title>
		<description><![CDATA[
If you have an outdated policy, and can find a better value, you may want to consider replacing it. Some general guidelines:
Consider replacement when…

Your family needs change, requiring more coverage.
The policy is outdated. Many new policies are cheaper then those offered several years ago, even though you are older.
Your investment needs can be better met [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/05/what-to-consider-when-replacing-a-policy/</link>
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		<title>Some Questions about Cash Value</title>
		<description><![CDATA[
When it comes to life insurance, you have two basic choices: Some for of cash value life insurance (including universal life) and term insurance. 
Cash value policies have been sold for decades and are owned by millions of consumers. As a “bundled” policy, it requires you to buy both your death benefit and a cash [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/05/some-questions-about-cash-value/</link>
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		<title>Term Life Insurance</title>
		<description><![CDATA[
I speak to many people about life insurance almost daily and I can see a complete confusion over what the various types of life insurance are. Some folks have read up on what the consumer advocates have to say and demand term life insurance. Others just have to have something where they “get their money [...]]]></description>
		<link>http://www.thefinancialpower.com/2009/05/term-life-insurance/</link>
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