RESPs Explained - A Primer for Canadian Parents
Is someone trying to sell you universal health insurance for your kids? An RESP will be way better and cheaper for them. Read the basics and how we use ours.
Optimized
Renting Can Build Wealth
Don't listen to your friends and "experts". Renting can absolutely build wealth! We built most of our wealth while renting. Read about our journey and how you can apply it. Also - I have numbers comparing renting to owning.
Reminder - Wealth Building is Slow. Keep at it!
Wealth building is very slow. The middle part is discouraging but you need to push past it. I have failed a few times but was wise enough to realize that and get back on the gas. Read my advice and treat it as a regular reminder that you need to keep going.
Stop Optimizing Your Life and Start Building Margin
Life regularly goes wrong or in a direction you don't expect. Stop optimizing your time and money and start building a margin to handle the curve balls life throws at you. It will help with the stress. Read my thoughts and learn from my mistakes before it is too late.
Why Your "Safe" GIC Is Actually a Gamble
Safe GICs leave a lot of money on the table. That's not great if you are young and starting your financial journey. Stay away from GICs for a while.