RESP

Canada Child Benefit kids

Get More out of the Canada Child Benefit

The Canada Child Benefit, which was promised by Justin Trudeau during the last federal election, has officially rolled out. The program replaces the Child Care Benefit and is clearly targeted at low to mid-income families since the payouts are higher. That being said, higher income families will most likely see a notable hit. So what…

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budgeting for a baby

Budgeting for a Baby: 10 Must-dos

Budgeting for a baby is never an easy task. The excitement of becoming a parent and holding your incredibly cute child is one thing but babies are expensive! No matter how you plan, there always seems to be something you haven’t budgeted for. It’s not your fault, these things come up and you learn to deal…

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Take advantage of free government money with RESPs

Parents Don’t Like Free Government Money

Canadian parents don’t like free government money. 47% of parents have yet to open a Registered Education Savings Plan (RESP) according to a new survey by the Chartered Professional Accountants of Canada. An RESP is easily the best way to save for your child’s education since the money is tax-free, and the government offers a Canadian…

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Maximizing Employee Stock Plans

It’s pretty obvious that free money is awesome but I can understand that maximizing employee stock plans can be tough. With all of our daily expenses, it’s hard to find some extra money for our benefits. But here’s the thing you don’t actually need to save more money, just look at what you’re saving now…

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