The Registered Education Savings Plan or RESP, is a great channel for Canadian parents to start saving on their children’s education from a very early age. Think about a savings account but with some additional restrictions and benefits where the child is the beneficiary of the account. I won’t go much into detail about what …
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Minimalist Finances with 5 Accounts and Online Banking
Opening a bank account is now easier than ever. Most credit unions or banks offer this service via online banking. How do we keep our finances with a minimalist approach? Online banking is extremely beneficial for the following reason: Paying bills. No need to go to the branch or the actual billing company to make …