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…

Read More
What to do with $10,000

If we’ve recently come into a windfall of cash – from a gift, lottery, or inheritance – figuring out what to do with it is trickier than it seems. Paying down debts or increasing our retirement savings are obvious choices, but is it the best option? It depends on our individual situation. The first thing…

Read More
Take advantage of free government money with RESPs

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…

Read More

[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][fusion_text]Are you stressed out by growing financial responsibilities?  You’re not alone, more than half of us between the ages of 45-64 are caring for children, aging parents, or both, this all according to…

Read More

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…

Read More