RESPs help you power up and maximize education savings

Given rising education costs, Registered Education Savings Plans (RESPs) are a smart way to power up and maximize education savings. Trust me I know. I am the proud Mom of 2 recently graduated sons. Tuition is just part of the cost of post secondary education. Books, residence fees, activity fees and other living expenses can really add up. RESPs can be  used for all of those costs. Tax sheltered investment growth and government grants (Free Money) can make a huge difference to savings over the long term.

10 BIG benefits of Health Spending Accounts

Health spending accounts are a smart way to fund health and dental expenses 

Health spending accounts are an affordable replacement or a valuable add on to a traditional insured health and dental plans. Health spending accounts (HSAs) provide a pre-determined/fixed but flexible amount of pre tax money to individuals at the beginning of each year to pay for coverage of their medical and dental expenses.

Is there such a thing as “Too much Canada”?

Who doesn’t love Canada eh? But (Sorry) ..this past week has reminded us again that having too much of Canada in your investment portfolio can be a detriment to your long-term savings. That's because despite good overall economic results in Canada, the performance of Canadian equities in particular have been poor recently. Investing more of your investment portfolio in non-Canadian investments will not make you any less a proud Canadian and may make for better overall results. 


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