Debt Consolidation 101

Okay, you have some debt you want to get rid of… Join the club. In a recent Nielsen poll, the number one financial priority goal for Canadians is “paying down debt” – for the 5th year in a row. And the average debt owed by Canadians for each of those 5 years? Each year is higher than the last. Continue reading…


If you’re turning 71 this year, there’s something that MUST be on your ‘to do’ list

For every Canadian turning 71-years old a decision needs to be made by year-end about what to do with the Registered Retirement Savings Plan. Once you turn 72 you are not permitted to have an RRSP. It must be converted into one of three vehicles: Cash, a Registered Retirement Income Fund, or an Annuity. And it’s not an easy decision to make. Continue reading…


Saving for your Child’s Post-Secondary Education (Part 2 of 2)

When it comes to funding your children’s post-secondary education, not everyone needs to start socking away $200 a month into an RESP as soon as their baby arrives home from the hospital. And while I like that option if the parents are forward-thinking and can find that space in their budget, there are other sources of funds to consider. Continue reading…