Investing and Personal Finance
Reader Holly sent an interesting RESP question via email: We have RESPs in a family plan for our two older children (13 and 15). I’m not pleased with the investment options here, but since the eldest is so close to college and it’s not a significant amount of money, I don’t think we’ll transfer institutions. [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans Everything you need to know about RESPs.  |
Thanks for all the tulip-saving suggestions from last week. We are in the process of buying blood meal, garlic, a gun, a coyote, a dog, several hens, lots of beer and a couple of redneck armed guards. On with the links The Dividend Guy is going to use dividend investing in an RESP. Barrie McKenna from [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans Everything you need to know about RESPs. |
E-Myth Revisited by Michael Gerber came highly recommended from some fellow small business owners and I’m really glad I read it. It’s an excellent book which explains how to set up and organize a business so that it is a business and not just a job. What’s the difference you ask? A proper business is [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans Everything you need to know about RESPs. |
Most new parents think about setting up an Registered Educational Savings Plan (RESP) when their child is born. However, between 2 am feedings, lining up daycare and a general lack of money, it’s very easy to put the RESP idea on the backburner and forget about it. The great thing about RESPs is that they [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans Everything you need to know about RESPs. |
RESP book review I was interviewed a while back by Kate McCaffery who wrote up a nice review of my RESP book over at Wallet Pop Canada. Here is the review – The RESP Book (A Review). Tulips One of my favourite things about spring is the tulips and other spring bulbs that bloom. In [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans Everything you need to know about RESPs. |
A new bike rental service called BIXI opened up recently in Toronto serving the downtown core. The same company also offers this service in Montreal where it started. The idea is that there are racks of rental bikes in different areas which are available for rental. You get a bike out from one area and [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans Everything you need to know about RESPs. |
Many new parents take their newborns home from the hospital with the best of intentions to start an RESP account for their screaming bundle of joy. The problem is that sometimes life interferes and maybe that educational savings account never gets set up. Now the little screamer has grown up into a sullen teenager and [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans Everything you need to know about RESPs. |
I’m honoured to be nominated for the Globe & Mail’s annual Best of blogs competition. Go on over and check it out. Much thanks to Dianne Nice from the Globe & Mail for nominating me. Unfortunately, I’m not sure how valid the blog competition results will be – most online polls use IP addresses (physical [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans Everything you need to know about RESPs. |
One of the main benefits of an RESP family plan account is that you can have RESP money for multiple children in one account, which is supposed to reduce costs and simplify your life. In fact, there are some drawbacks of family plans which make me wish I had kept my kids’ RESP accounts separate. [...]
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The RESP Book: The Simple Guide to Registered Education Savings Plans Everything you need to know about RESPs. |
