by Kyle | Nov 29, 2019 | Banking, Financial Advice & Investing, Personal Finance, RESP & Preparing A Child For University, Stocks |
In Canada, there’s a 4-letter acronym that spells “Free money for your child’s education”. It’s called RESP – or a Registered Education Savings Plan. This is a government-approved savings plan that helps parents and guardians of children (under the age of 18) to save...
by Teacher Man | Nov 8, 2012 | RESP & Preparing A Child For University |
If you haven’t read any of the RESP articles on this site yet, then you might not know what a huge fan I am of the Registered Education Savings Plan program. Check out these articles if you want the details of RESPs, but the Coles’ notes version of the program is...
by Teacher Man | Sep 16, 2012 | Financial Advice & Investing, RESP & Preparing A Child For University, Student Life & University Issues |
If your house was anything like mine growing up, then money was a bit of a taboo subject. In fact, it seemed to be a taboo subject amongst most of the adults I talked to now that I think about. I’m not sure why that is, but I’m glad that I’m a teacher and my salary is...
by Teacher Man | Sep 6, 2012 | RESP & Preparing A Child For University, Student Life & University Issues, Student Loans |
It is beginning to seem like a weekly occurrence that a new report comes out that sounds a warning siren about student debt loads in Canada. If you haven’t heard, according to a recent survey done by the Bank of Montreal most students who are taking student loans...
by Teacher Man | Jun 25, 2012 | Financial Advice & Investing, RESP & Preparing A Child For University |
There are literally thousands of articles on the internet about how to be a good parent in regards to teaching your child about money, or how to best make sure that your children understand personal finance. This is not one of those thousands. Many parents believe...
by Teacher Man | Apr 5, 2012 | RESP & Preparing A Child For University, Student Life & University Issues, Uncategorized, University Living/Housing |
In the spirit of my recent rash of political commentary articles (rash and politics just seem to go together so well) I thought I would give a shout out to a recent idea proposed by a Liberal Party in Canada. Ok, so it isn’t THE Liberal Party of Canada (federal), but...
by Teacher Man | Oct 10, 2011 | Financial Advice & Investing, Living Frugal, RESP & Preparing A Child For University, Uncategorized |
Those of you who have been reading this blog for awhile might remember that my favourite all-time personal finance book is The Wealthy Barber by David Chilton (released in 1989). Since it sold over 2 million copies I’m going to assume I’m not the only who thought it...
by Teacher Man | May 25, 2011 | Financial Advice & Investing, RESP & Preparing A Child For University |
For the fourth instalment in our investing basics series (click here to begin the journey) we are going to look at the different account options that are available to you as an investor. I’m sure most of you have heard people talking around tax time about how they...