Target Date Funds: A Smart Solution For Your RESP?

If you think of saving for retirement as a marathon and not a sprint, investing in an RESP might then be best described as a middle-distance event. That’s because unlike RRSPs, where you hold onto your investments for three or four decades before withdrawing the money...

Scholarships Can Pay For Expensive Education Costs

With the cost of post-secondary school education rising astronomically each year, it makes sense to pursue every avenue of financial aid. Yes, you’ve been saving in an RESP and there are student loans available, but don’t overlook scholarships, grants and bursaries....

How To Set Up An RESP

My wife and I made it a priority to set up an RESP for our daughter just a few weeks after she was born. As new parents with little free time we weren’t sure where to go and what type of account to set up. To complicate matters, we were bombarded with pamphlets and...

How Parents Can Give Their Kids A Financial Leg Up

In a Globe and Mail column last year, Rob Carrick took parents to task for not saving enough for their kids’ education. He said that parents talk a good game – 82 percent want their children to attend University – but the numbers suggest they’re not backing it up with...

5 Financial Tips For High School Graduates

Congratulations!  You’ve finally made it!  Another graduation season is wrapping up.  You’ve listened to an inspiring valedictorian speech, the caps have been tossed, and you’ve partied all night at prom.  Perhaps you’ve lined up a lucrative...

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