Group vs Individual RESPs: What’s the difference ?

The “holy trinity” of tax-assisted savings plans available to Canadians are TFSAs, RRSPs and RESPs. RESPs (Registered Educational Savings Plans) are primarily designed to help families to save for post-secondary education. Each year, on every dollar up to $2,500 (to a life time maximum of $50,000) that you contributed to an RESP for a child’s … Continue reading Group vs Individual RESPs: What’s the difference ?

Jan 22: Best from the blogosphere

I don’t know about you, but on these long cold winter nights, all I want to do is curl up on the couch under a blanket and binge on Netflix. But before you do, check out our latest collection of personal finance videos, both old and new. After all, a picture is worth 1,000 words! … Continue reading Jan 22: Best from the blogosphere

2018 New Year’s Resolutions: Expert Promises

Well it’s that time again. We have a bright shiny New Year ahead of us and an opportunity to set goals and resolutions to make it the best possible year ever. Whether you are just starting out in your career, you are close to retirement or you have been retired for some time, it is … Continue reading 2018 New Year’s Resolutions: Expert Promises

June 26: Best from the blogosphere

A million dollars doesn’t go as far as it used to but it’s still a nice chunk of change. I’m always fascinated by media articles and blogs that feature wunderkind who achieve seemingly unreachable financial goals by a very young age. So I pulled a few pieces to share with you in the hope that … Continue reading June 26: Best from the blogosphere

Changes you need to know about on your 2016 Income Tax Return

By Sheryl Smolkin If your financial affairs are fairly straightforward and the only income you receive is from employment, you should have already received all of your tax slips and you may have already filed your income tax return, although it is not due until midnight on Monday, May 1st. But tax slips for mutual … Continue reading Changes you need to know about on your 2016 Income Tax Return

Burn your mortgage: An interview with author Sean Cooper

By Sheryl Smolkin If you think you can’t possibly afford to buy a home or that paying off your mortgage is a pipe dream, Burn Your Mortgage is the must-read book of the year. Today I’m pleased to be interviewing author Sean Cooper for savewithspp.com. By day, Sean is a mild-mannered senior pension analyst at … Continue reading Burn your mortgage: An interview with author Sean Cooper