Add RESP payments to the cost of raising a child in Canada

I’m at the age now where all my peers are having children. Friends who were never active on Facebook or Instagram all of sudden have plenty to share. I’m happy for you, I really am, but forgive me, I’ve probably turned off your status updates. Beyond the likes and retweets, the cost of raising a…

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teach your kids about money

November is financial literacy month in Canada and for a money nerd like me, it’s an exciting time. Next week I’ll be a panelist during credit education week where the theme is cheap vs. frugal, so if you happen to live in Toronto, be sure to swing by YMCA in downtown Toronto on the 9th. I’ll also…

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Set a realistic budget no matter what you're saving for

Budgeting is a real issue for many people. I personally take budgeting very seriously, but I’ve noticed some people use budgets as a way to justify their spending. In the last couple of weeks a viral blog post titled “Fathers, you can’t afford a Stay-At-Home Mom” has attracted a lot of attention on social media. Author Steven Nelms…

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