Learn about the investments you should and should not hold in your RRSP.
It’s been another banner year for real estate in the Greater Toronto Area. The average price for all property types sold in the GTA came in at $729,922 in 2016 – that’s an increase of 17.3 per cent from 2015.
Have an investment with a maturity date like a GIC? Be aware of automatic GIC renewals – you may find your money locked in for longer than you expect.
Getting into shape is a common goal for many Canadians – one that can be extremely expensive. Pricey personal training and the latest high tech shoes will have you losing more dollars than pounds – not to mention that infomercial-inspired equipment purchase gathering dust in your basement.
When it comes to kids, here’s the cold, hard truth: it costs roughly a quarter of a million dollars to raise a child from birth to their 19th birthday. Have you picked your jaw up off the floor yet?
Forget final exams – finding work once out of school is likely the biggest challenge facing newly-graduated youths. It’s easy to be discouraged by news of high unemployment rates – but by changing up your job hunting strategy (and being prepared for a few compromises) there are jobs to be found. Read on to find out how you can tap into Canada’s so-called skills shortage.
Whether you’re saving for your kids’ education, or building up your retirement fund, a savings strategy is a must. But don’t just sit on your nest egg – explore diversification options like RESP’s, GIC’s and TFSA’s to make the most of your stashed-away funds.