RESPs The Actual Cashing Out
How easy is it to Cash out parts of an RESP? Cashing out can be straight forward, but you will need supporting documentation.
RESP This Round Finally Ends ?
How easy is it to do an RESP withdrawal ? Not as simple as you would hope, and there are rules added too, to make it harder.
Random Thoughts: Look up, Waaay Up…
Discover What The Friendly Giant Taught Us About Finances. Find out why Rusty the Rooster is always half in the bag. Learn more.
Overdrafts Summed Up Nicely
Overdraft charges are more than just frustrating fees—they’re financial red flags that deserve your attention. This article delivers a candid, humorous look at the emotional toll and personal missteps that often lead to overdrafts. Blending sarcasm with self-awareness, it reflects on the reality of poor timing, shared accounts, and why blaming external forces (like Fidel Castro!) won’t help your bank balance.
But it’s not all laughs—there’s a lesson too. To avoid future overdraft pain, consider setting up account alerts, maintaining a small buffer in your checking account, and reviewing spending weekly. If your bank allows it, link a savings account or line of credit to reduce or eliminate overdraft fees. Prevention is cheaper—and less humiliating—than paying for financial forgetfulness.
#Overdraft #Bank Fees
Employment Numbers Hover in September
Apologies for the lateness of my normal commentary on the Employment numbers from Stats Canada, I was planning on doing it over the Long Weekend, but got diverted. The Labor Force Survey for September showed… Read More »Employment Numbers Hover in September
