Prevention magazines

Nov 19, 2024 | moneysense.ca | Karen Robock |Prevention magazines

Shopping Why Canadians are still feeling the squeeze of high food costs, and what to do about it. Statistics Canada reports that inflation keeps going down. Is that what you’re experiencing? Fifteen dollars for grapes? Twenty dollars for chicken breasts? If you’re still struggling with sticker shock every time you set foot in the grocery store, you’re not alone—the #supermarketscaries are real.

Oct 26, 2023 | moneysense.ca | Karen Robock |Prevention magazines

To maximize your savings and help to ensure your child has the funds they need when they go off to college or university, you’ll need to deposit yearly contributions—and do it before the ball drops on New Year’s Eve. An RESP can stay open for as long as 35 years, so why the urgency? You need to meet the RESP contribution deadline in order to receive the maximum amount of grant money from the government, which could be as much as $500 a year. Consider it a “holiday gift” for their future.