Right now according to Knowledge First Financial With markets fluctuating and financial pressure increasing, you may be concerned about your RESP. Based on more than half a century of experience, here are three reasons why you shouldn’t be. 1 You…
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It takes a village to raise a child, but unfortunately, the COVID-19 pandemic has made it difficult for parents with newborns to build that village. Quarantine rules and social distancing are far from ideal when it comes to meeting up…
Read MoreIn our world, where money is exchanged electronically and cash is less visible, we are presented with new and exciting opportunities to teach children about finances. Known as financial literacy, these early lessons and conversations around money can help children develop…
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Parenting is so rewarding, but at times, it can be a little overwhelming. The good news is, you’re not alone. Feeling the pressures of parenting is normal, especially now when the world is anything but. Having more time to spend…
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Are your family’s finances prepared for times of uncertainty? Few could have foreseen the Coronavirus pandemic affecting Canadians as much as it has. If you’ve prepared in advance for this, give yourself a well-deserved round of applause. If you didn’t…
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Teaching your children about finances and the value of saving is a gift that keeps on giving. Here are some highly effective money management tips to set them up for a lifetime of financial success: Set up a “three piggybank”…
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It’s that time of year again: tis’ the season to save! Maximize your grants by December 31 before the busy holiday sets in. Before you even start your shopping, wouldn’t it be nice to check your year-end RESP contribution off…
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A Registered Education Savings Plan (RESP) is designed to help you save for your child’s post-secondary education. Not only does your money grow tax-free, the government contributes generous grants (Canadian Education Savings Grant (CESG)), which adds a guaranteed 20% return…
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