RESP

What is the Indexed Family Education Fund (RESP) and how to build a good portfolio? How to maximize RESP withdrawals? How to make sure you have enough for your child’s university tuition? Learn how to build your RESP portfolio with Million Dollar Journey, one of Canada’s oldest and most detailed Personal Finance blogs.

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Questrade Logo

Questrade Review 2024

By FT February 29, 2024

Is Questrade Safe & Secure? One of the most common questions that I have gotten in the comments below is: Is investing my money through…

Top Canadian High Interest Savings Accounts

Best Canadian High Interest Savings Accounts

By FT December 30, 2023

The best Canadian high interest savings accounts for 2024 combine a mix of high interest rates, with no-fee banking, and elite user-friendly platforms. One thing…

Resp Strategy

The RESP Strategy

By FT January 21, 2022

An RESP, or Registered Education Savings Plan, is a tax-deferred investment account designed to help pay for a child’s education. RESPs are eligible for government…

How Do I Maximize Resp Withdrawals

How Do I Maximize RESP Withdrawals?

By FT January 3, 2022

With my oldest child turning 11 this year, my mindset and strategy for our family RESP is starting to shift from accumulation and growth to…

Indexed Family Education Fund Portfolio

Indexed Family Education Fund (RESP) Portfolio Update – 2020 Edition

By FT May 17, 2020

During this time of uncertainty, many readers have contacted me for continued portfolio updates.  One group in particular –  parents –  are asking me what…

Late Starting Your Resp

Late Starting your RESP? Here’s how to Catch UP!

By FT September 9, 2019

A friend of mine, Gary, recently asked me about registered education savings plans (RESPs) and if it’s too late to get started. Gary’s kids are…

Most Recent

gic rates canada

Best GIC Rates in Canada 2024

By Kyle Prevost March 1, 2024

The best GIC rates in Canada might be at a peak for the foreseeable future. With the Bank of Canada talking about possibly lowering rates later…

Questrade Logo

Questrade Review 2024

By FT February 29, 2024

Is Questrade Safe & Secure? One of the most common questions that I have gotten in the comments below is: Is investing my money through…

Top Canadian High Interest Savings Accounts

Best Canadian High Interest Savings Accounts

By FT December 30, 2023

The best Canadian high interest savings accounts for 2024 combine a mix of high interest rates, with no-fee banking, and elite user-friendly platforms. One thing…

Tfsa Vs Rrsp2

TFSA vs RRSP- Which One is Better?

By Marc April 20, 2023

Canadians have fantastic options when it comes to registered accounts. Registered accounts are beneficial for many reasons, the main reason being that they are tax…

early retirement financial freedom

How To Retire Early in Canada

By Meg March 10, 2022

Have you ever thought about early retirement? Stopping work in your 50s (or earlier) and being able to relax and do the things you’ve always…

Resp Strategy

The RESP Strategy

By FT January 21, 2022

An RESP, or Registered Education Savings Plan, is a tax-deferred investment account designed to help pay for a child’s education. RESPs are eligible for government…

How Do I Maximize Resp Withdrawals

How Do I Maximize RESP Withdrawals?

By FT January 3, 2022

With my oldest child turning 11 this year, my mindset and strategy for our family RESP is starting to shift from accumulation and growth to…

Indexed Family Education Fund Portfolio

Indexed Family Education Fund (RESP) Portfolio Update – 2020 Edition

By FT May 17, 2020

During this time of uncertainty, many readers have contacted me for continued portfolio updates.  One group in particular –  parents –  are asking me what…

Late Starting Your Resp

Late Starting your RESP? Here’s how to Catch UP!

By FT September 9, 2019

A friend of mine, Gary, recently asked me about registered education savings plans (RESPs) and if it’s too late to get started. Gary’s kids are…

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