RRSP – Page 3 – Money We Have

Motusbank Review

motusbank is here! The first thing you need to know is that motusbank is a Canadian digital bank which is a subsidiary of Meridian. In case you’re not familiar, they’re one of the most popular…

What is dollar cost averaging?

If you’re going to start investing, one of the most recommended techniques is dollar cost averaging. New investors will likely have a blank expression when they come across this term and wonder what is dollar…

What is Socially Responsible Investing?

**This is a sponsored post written by me on behalf of RE Royalties. All opinions are my own. Do you consider yourself to be socially responsible? Is sustainability important to you? What about the environment?…

How to Build a Relationship With Your Financial Advisor

I’ve worked with a handful of financial advisors over the years and I can honestly say I’ve never had a relationship with any of them until I connected with a fee only financial advisor. This…

Is an RRSP Loan Worth it?

Should you get an RRSP loan? That’s a question that I’ve been getting a lot as of late. At first, I was like this is a very specific question for new investors to be asking,…

The Easiest Way to Start an RRSP

Your podcast feed and Youtube stream are often interrupted by promises of dreamy retirements and passive-aggressive shaming about how you really need to get started saving. Yup – it must be “RRSP season” again. I…

RRSP Mistakes to Avoid

Although registered retirement savings plans (RRSP) have been around for more than 50 years, many people are still confused about them. Understanding the basics is one thing, but people often struggle when deciding between using…

RRSP vs TFSA: Which one to choose?

**This is a sponsored post written by me on behalf of Sun Life. All opinions are my own. Without a doubt, the #1 question I get asked about personal finance is Tax-Free Savings Account (TFSA)…

Live at Home Without Debt? Here’s What to do With Your Money

A little while back, a reader of mine (Suzette) commented on how it would be interesting to read a post that’s aimed at Asians. Her point was that many Asians typically live at home rent-free…

Understanding the RRSP Basics

You’ve likely noticed by now a ton of ads for RRSPs. This is pretty typical from the banks since the end of February is the deadline for contributions for the previous tax year. This is…