RESP: Free Money Folks
Discover how to make the most of the Canadian RESP program and secure free money for your kids’ college or university funding. Learn more about the program and how I used it. #RESP
Time: The Most Important Financial Variable
Time is the single most critical yet underrated variable in personal finance. In this candid post, the author shares hard-won lessons from failed financial plans, emphasizing how poor assumptions about time can derail even the best intentions. From debt repayment strategies to investment growth and emergency planning, every financial decision is shaped by how much time you allow yourself. The article offers practical rules of thumb for creating realistic financial plans, including the importance of allowing slack for life’s unexpected turns. Whether you’re paying down debt or investing for the future, this piece highlights how using time wisely can be your greatest financial asset.
The Joy of the best Financial Decision Ever?
What is the best financial decision you have ever made? For me, it was a decision I made out of spite, but it ended up paying off very nicely, and gave me a path to victory for my retirement.
Inflation 3.4% April 2021 (Told you so)
Will COVID cause an Inflationary spiral that has not been seen since the 1970’s? Really don’t know, but it is a possibility.
TD Direct Investing RDSP Deposits
Why can’t I deposit directly into my son’s RDSP account? I ask that question every year, and TD Direct Investing has a new excuse every year. This year it is due to it being a Registered account.
