The Registered Education Savings Plan (RESP) is a popular option among Canadian parents who want to save money to pay for their children’s post-secondary education. Check out the following questions and answers to understand how the RESP works and how you can maximize it to fund your child’s future education. What Is the RESP? Image […]
Viewing posts tagged with: savings
Can You Save $1000 a Month?
The basis of having healthy finances is having a fallback plan, also known as an emergency fund. In fact, it is what Dave Ramsey often calls “Baby Step One.” Save $1000 a month (or within a month) to lay a good foundation for your finances. However, very few people heed this warning. I’m embarrassed to say […]