Strategizing withdrawals for the best outcome Registered Education Savings Plans (RESPs) were originally introduced in 1972 and they were terrible. Seriously! We would regularly tell clients to avoid them, usually suggesting informal trust accounts instead as they provided much greater flexibility without the risk of losing all your gains. But in 1998 the introduction of a … [Read more...] about Back to school and RESPs
Life
Navigating the facets of everyday life including managing finances, growing old, being single, staying healthy and more.
Finding the right Bible for you – Part 2
With the help of the House of James Christian bookstore in Abbotsford we explore the various popular translations of Scripture, and highlight various choices within each translation Part 1 here CSB The Christian Standard Bible (CSB) provides a highly accurate text for sermon preparation and serious study, translated from the biblical languages by scholars who love … [Read more...] about Finding the right Bible for you – Part 2
A tale of two passports
After a terrific vacation in Atlantic Canada, I carefully placed my pink and white folder containing travel receipts, special mementos, and our now lost passports into the airplane seat back in front of me. I made a mental note to remember to take the folder when we touched down. I guess I should have made a real note because it wasn’t until we were halfway home did I realize … [Read more...] about A tale of two passports
First Home Savings Accounts
The wait is over At the beginning of the year, my son, Ben, wrote about the new First Home Savings Account (FHSA) that was announced by the Canadian government. At the time, financial firms had not put the required infrastructures in place to offer them, even though this brand-new account type had been introduced by the government and approved as a new tax-free savings … [Read more...] about First Home Savings Accounts
Speeding through the 80’s
I’m worried. I recently got lost in a department store. After wandering from exit to exit trying to find my way to a parking lot, a kind clerk pointed me in the right direction. Then this morning I lost a Google document. I know. My friend tells me it’s impossible to lose a Google Doc. Well, I lost one. At least it’s lost to me. Such is life speeding through the 80’s. The … [Read more...] about Speeding through the 80’s