22 May 2013

Many women seek cheap storage after divorce

According to a recent article in the Winnipeg Free Press, despite Canadian women having access to more financial swagger and control than ever before, they still confront a number of challenges.

First, women live longer than men – on average, about four years longer. That translates to a need for more retirement savings and a potential for higher healthcare costs. So women are saving more money, right? Wrong. On average, women contribute 30 percent less to their retirement funds.

Caroline Dabu, vice president and head of BMO Wealth Planning Group, says there are few reasons behind this finding. First, women earn 83 percent of what men earn. Second, 4 our of 5 businesses in Canada are started by women, which means they take a greater financial stake in their retirement. Lastly, since women outlive men, many are widowed. If their spouses don't die before them, 40 percent of women will not make it to their 30th wedding anniversary. Divorce often leads to a drop in income for women by up to 40 percent. Yikes!

Self storage can be a smart way to hang on to valuable items without taking up room in a house or apartment. For Toronto storage solutions, there's no better than Jiffy Self Storage. Those interested in self storage should check out the affordable rates on Jiffy's website, where they can also enter to win a free iPad 3.

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Hammad Assan joined Jiffy Self-Storage in June 2012. He has over 20 years of experience in various Customer service, Sales and Management roles and is a Certified Self-Storage Operator through the Canadian Self Storage Association. His passion for sales and customer service has maintained Jiffy Self-Storage’s position as one of the GTA’s most successful Storage Facilities, as recognized by winning the Consumer Choice Award 22 years in a row, a perfect A+ rating with the BBB with zero complaints and a 4.5/5 Star Review rating on Google. Our tenants greatly appreciate his dedication to exceptional customer service and as a result Jiffy Self-Storage has been recognized and awarded for that. Please contact Hammad about any of your storage, parking, workspace or retail unit needs.

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