Starting an RESP For Your Grandchildren

Starting an RESP For Your Grandchildren

As a grandparent, you want what’s best for your grandchild. With the increased costs of education these days, there is no better way to support your kin than to start a Registered Education Savings Plan (RESP). An RESP is simple to start and comes with government incentives that help to increase the value. It’s an […]

What is Your RESP Withdrawal Strategy?

What is Your RESP Withdrawal Strategy?

As an entrepreneur, you are accustomed to saving money for various expenses, including your children’s post-secondary education. After years of wise investing through your children’s Registered Education Savings Plan (RESP), the time has come to contemplate a withdrawal. This may come as a bitter-sweet moment as you are proud to watch your children grow and […]

Helping Your Teens Develop Good Money Habits

Helping Your Teens Develop Good Money Habits

It seems like it happens in the blink of an eye. One minute you’re cradling your newborn, the next you’re dealing with an ornery teenager. Life changes significantly as your children age, and you have to consider more than coping with mood swings. These money tips from your financial advisor at The Beacon Group of […]

How to Cope With the Sandwich Generation Squeeze

How to Cope With the Sandwich Generation Squeeze

  Picture a sandwich. The top slice of bread is the responsibility of taking care of your elderly parents. The bottom slice is your young adult children who have boomeranged back home or are involved in post-secondary education. You are the meat stuck in the middle, trying to take care of both while working towards […]

*The opinions expressed are those of the author and not necessarily those of Assante Financial Management Ltd.