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Thursday, August 18th, 2016

Three things to do with your money besides an RRSP – Ask a Vancouver Mortgage Broker

With the March 3 RRSP deadline fast approaching, you may be wondering whether you should join the herd and make that RRSP contribution in time to be able to claim the deduction on your 2013 tax return. Whether or not you decide to contribute to an RRSP this year depends on a number of factors, […]

Balancing financial priorities as parents – Consult with a Vancouver Mortgage Broker

By Gail Vaz-Oxlade | MoneySense Where to draw the line between providing for your children and saving for your own retirement. Remember the line in Spiderman where Aunt May says, “You do too much…you’re not Superman, you know?” Some parents think they’re Superman. Determined to set their children off on the right foot, they commit buckets of money to helping […]

Five ways to save for your child’s education – other than RESPs- Consult with a Vancouver Mortgage Broker

ROMA LUCIW– The Globe and Mail Most Canadian parents know about RESPs (which doesn’t necessarily mean they have them) but few are aware of alternative ways of saving for their child’s post-secondary education, says a new report. The report, released Wednesday by the Bank of Montreal, says a study conducted last year found that 83 per […]

Saving for baby Congrats! I hear you’ve got a new baby on the way. You must be very excited.

Or maybe you’re a little afraid. After all, this is another mouth to feed. And nobody gets rich on mat leave, right? So what an expecting parent to do? Might I suggest you figure out how to save a little sumthin’ sumthin’ before your Mini-Me makes an appearance. 1. Save to supplement your mat leave benefits. […]

RESPs: Do you have one?

RESPs: Do you have one? When my kids were little ones, the RESP wasn’t the RESP we have today and I wasn’t convinced it was the best deal going. But over the past 15 years or so, the product has improved, the legislation has become more user-friendly, and the reasons to use it have become […]

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