Category

Savings
RESP strategy
Like every new parent you were probably bombarded with “helpful” advice from those experienced parents:  “Sleep when baby sleeps” “Yes, poop is supposed to be that colour” And “Make sure you start an RESP” That last one may not have been high on the initial priority list, but most diligent parents at least went into...
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RRSP Gross-UP
Dear @financial_laura,  I don’t have a lot of money to contribute, but I’m behind on my RRSP contributions.  Is there an easy way to catch-up? February is coming and that means not only thinking about a plan for Valentine’s day, but also about the RRSP contribution deadline for 2018. Like most Canadians, you’re probably also...
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Visa Debit
I’d like a Visa Debit card but I bank with Simplii – can I still get one? Unlike so many financial products, finally the industry got it right and chose a name that actually makes sense.  There’s no acronym, nor catchy slogan – in fact, these cards have flown under the radar in Canada, mostly...
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RESP, saving money
“We are setting aside money each month for our children, but we haven’t opened an RESP because we don’t want the money to be locked in for solely education purposes.  What if we want to give them the money for a house down payment, or a wedding?” In this world nothing can be said to...
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