It's not often that the government offers you free money but when they do you should take advantage of it!
If you have kids you should consider opening a Registered Education Savings Plan (RESP) for them. Even if you don't have extra funds to contribute yourself it's a great place to park birthday or Christmas money that your child may receive from friends and family.
The free money is the contribution the government will make to the plan in the form of the
Canada Education Savings Gr...
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RESP
Financial Independence
What are you doing to become financially independent?
Most of us struggle just to get through the day with little thought to our financial futures but wouldn't it be nice to reach a point where work became an option and not a necessity!
Here are three things you need to do to attain financial independence:
1) Spend less than you make.
Duh...but how many Canadian households fail to do this? The answer is far too many!
2) Pay yourself first.
Are you saving a percentage of e...
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