Canadians worry about education costs but about half still have no RESP for kids
Only 56% of Canadians with young children have set up a Registered Education Savings Plan despite their ongoing concern about education costs, according to a Bank of Montreal study
View ArticleEarn a ‘free lunch’ with a few simple changes
We’d all love to believe that free lunches are possible. But, like most things in life, they generally come with hard work and time. So here are a few things you can do today that will improve your...
View ArticleWhat to do with a bonus or unexpected windfall?
"Employers can annualize taxes payable on the bonus" vs. We live in the present and sometimes you have to treat yourself"
View ArticleWhen a longer amortization is better
Family Finance: Paying off your mortgage sooner is an admirable goal but, for this couple, our advisors say they should lower their mortgage payments, go longer, and put more money into RRSPs
View ArticleSalary cut sparks fears
A family has run into a problem that, regrettably, is not so rare these days. Dad's company, seeking to cut costs, gave him an ultimatum: Take a salary cut and give up his defined-benefit pension plan...
View ArticleCaught in a financial vise
Family Finance: Quitting her job to raise her children was one thing, but buying a bigger house, putting family living expenses on credit, and now eyeing two brand new cars probably wasn't the best plan
View ArticleNeed money for education? What about grandma and grandpa?
Grandparents might be the great untapped resource when it comes to saving for the ever-increasing cost of education
View ArticleMaternity ward data sold to RESP dealers: OSC
In a case that reveals regulators’ growing interest in alleged misconduct among RESP dealers, a Toronto hospital staffer has been accused of selling confidential information about maternity patients
View ArticleTax free and free money! Why RESPs are just like TFSAs — only better
A recent survey found only 53% of Canadian parents had a Registered Education Savings Plan. Here's why you should be socking away $2,500 annually
View ArticleFormer hospital clerk pleads guilty in case of maternity ward data sold to...
Bandali, who no longer works at Rouge Valley Hospital, entered the plea in the Ontario Court of Justice in Toronto and is to be sentenced Oct. 13
View ArticleDoes your household run with a chief financial officer or are you both co-CEOs?
Historically, men used to run the family finances but that is old hat with the money role falling to the person most interested. Experts warn though that big decisions should still be made together
View ArticleIf you have kids, you'd better not miss these year-end tax tips
From RESP contributions to tax credits for your child's braces, there are things you should be doing this month if you want to make the most of your tax breaks
View ArticleWoman raising two teens with little help from her ex faces hurdles to retire...
The 52-year-old will probably have to delay retirement to 65 as her plan, that includes $50,000 basement renovation, is risky
View ArticleDon't make these money mistakes with your kids
Two ways to rethink how you can teach your kids to be successful with money
View ArticlePaying off $163,000 mortgage key to unlocking this Quebec couple's retirement...
Maryanne and Albert can have a very comfortable retirement if they maintain their modest way of life for another two decades
View ArticleCriminal charges laid against RESP salesperson and nurse in stolen maternity...
Ontario Securities Commission alleges that confidential information on maternity patients from a Scarborough hospital was used for leads to sell RESPs
View ArticleTop 10 tax resolutions to help you make the most of your money in 2016
Making the most of tax credits and savings takes planning, and what better time to set out a money-maximizing strategy than the beginning of the year? Our tax expert helps you get started
View ArticleMoney Milestones: Saving for your child's future education without breaking...
Money outweighs pretty much every other concern when a child comes along
View ArticleStart saving early for your kids' university days and get them to contribute
If you start too late, investing in RESPs is probably not the best choice
View ArticleFP Answers: Is paying down my mortgage or investing in RESPs the better choice?
It's a question of where you can expect a greater return on your investment
View ArticleAre you leaving free cash on the table? Tax tips for students and parents
Jamie Golombek: Every post-secondary student should file a tax return, even if they don't owe any money
View ArticleHow to use RRSPs, TFSAs and more to save on taxes and get 'free' money
Jamie Golombek: Here's how to prioritize contributions to registered savings plans to eliminate, or at least minimize, taxes on investment income
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