How do you make a realistic monthly budget?

Mohamed Konate


Mohamed Konate, MBA Mohamed Konate is a licensed Mortgage Agent (FSRA #10530, Mortgage Alliance) and Life & Health Insurance Broker (Elite Harvest Financial) based in Whitby, Ontario, serving families and businesses across the Durham Region and throughout Ontario. With over 15 years of experience in the Canadian financial industry — including senior roles at major banks — Mohamed combines deep expertise in mortgages, life insurance, and financial strategy to help clients buy homes, renew or refinance their mortgages, and protect their families with tailored insurance solutions. He is also the founder of MyRateCompass.ca, a trusted Canadian personal finance website offering unbiased insights and practical tools to empower consumers. Mohamed holds both a Bachelor’s and MBA in Business Administration from Quebec universities, and is passionate about making complex financial decisions simple and accessible. 👉 Learn more about working with Mohamed – Mortgage Broker in Ontario 👉 Connect at EliteHarvestFinancial.ca

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How do you make a realistic monthly budget?
Published by Mohamed Konate | Updated May 15, 2025
How do you make a realistic monthly budget?
Reading Time: 7 Min ‍Crafting a Realistic Monthly Budget That Works for You Creating and sticking to a practical month-to-month budget is essential to handle your budget effectively. Whether you’re trying to save for a specific intention, repay debt, or honestly have a more transparent photo of your charges, nicely planned finances let you acquire monetary stability. This newsletter… Continue reading How do you make a realistic monthly budget?
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Can I Cancel My Life Insurance Policy?
Published by Mohamed Konate | Updated May 15, 2025
Can I Cancel My Life Insurance Policy?
Reading Time: 5 Min Can I Cancel My Life Insurance Policy? Are you considering cancelling your life insurance policy? Perhaps you’ve found a better policy, have a different financial situation, or no longer feel the need for coverage. Whatever the reason, cancelling a life insurance policy is a significant decision that needs careful consideration. Quick article guide: ●      What… Continue reading Can I Cancel My Life Insurance Policy?
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How To Find The Perfect Travel Insurance: Guide For Canadians
Published by Mohamed Konate | Updated May 15, 2025
How To Find The Perfect Travel Insurance: Guide For Canadians
Reading Time: 8 Min Travel insurance protects travellers against financial loss due to unforeseen circumstances. You can buy travel insurance for anything from medical emergencies to flight cancellations and baggage loss. If you’re used to trips going smoothly, travel insurance may seem like a waste of money for an already expensive trip.  However, travel can be unpredictable. The last… Continue reading How To Find The Perfect Travel Insurance: Guide For Canadians
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What Does Travel Insurance Cover?
Published by Mohamed Konate | Updated May 15, 2025
What Does Travel Insurance Cover?
Reading Time: 5 Min For those of us planning a trip, travel insurance is often sidelined or overlooked in favour of the exciting stuff – flights, hotel stays, and tours. However, when it comes to financial preparedness, travel insurance can take a huge weight off your mind – even if things go wrong, you’ll be covered. Right?  While there… Continue reading What Does Travel Insurance Cover?
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How Much Is Travel Insurance In Canada?‍
Published by Mohamed Konate | Updated May 15, 2025
How Much Is Travel Insurance In Canada?‍
Reading Time: 5 Min Are you in Canada and looking for travel insurance for an upcoming trip? It can be tough to find travel insurance pricing with just a cursory search. Not to mention, the price varies considerably depending on your trip duration, where you’re going, and what you want to insure. Luckily, we’ve outlined everything you need to… Continue reading How Much Is Travel Insurance In Canada?‍
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What Is The Difference Between Trip Cancellation Insurance And Trip Insurance?
Published by Mohamed Konate | Updated May 15, 2025
What Is The Difference Between Trip Cancellation Insurance And Trip Insurance?
Reading Time: 5 Min If you’re about to go on a trip and want to find travel insurance to cover you in emergencies, you might have seen the terms “trip cancellation” and “trip insurance”. But what is the difference, and how do you choose the right one?  We’ll get into the details below, but in a nutshell, trip cancellation… Continue reading What Is The Difference Between Trip Cancellation Insurance And Trip Insurance?
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