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education

Alternative ways to fund education

on Sat, 02/18/2012 - 13:52

 

Got quite a few of questions whether to contribute into RRSP or TFSA all the time (classic question), but then I am getting more questions on whether or not to contribute into RESP as well (another classic question), of course, there is no one answer fits all because every family has a different situation.

 

I have met a few families lately, they have either missed the opportunity to contribute into RESP, or they do not need to do a RESP plan (they will get free tuition, NICE!!), as much as I think getting free money from the government is the better way to go, that wouldn't work for

Every story has 2 sides

on Tue, 01/31/2012 - 10:04

 

It is a very interesting morning… 680news featured on 2 pieces of news regarding Holiday spending… One says: RBC survey found 31 per cent of Canadians spent more than intended during the holidays; the other one says: majority of Canadians managed to keep their holiday spending in check

 

The 2 pieces of news are actually came from the same source, the same survey by RBC, which the press release titled "RBC Poll finds most Canadians stayed on budget over the holidays". As you can see, the same story can play different angles, all depends on how the report/editor wants to present it.