Most personal finance articles debate whether to prioritize saving in your RRSP or TFSA account first. But if you’ve got kids and you live in Quebec, I argue that you should be contributing to your RESP first! Be sure to watch until the end to catch any problems you may have in implementing this strategy.
I hope this has helped you reframe the way you think about saving in your RESP as opposed to your RRSP! Don’t forget to subscribe to my channel on Youtube so you can find out more about strategies like this.
------------------------
Visit PWL Capital:
https://www.pwlcapital.com/Montreal
Follow PWL Capital on:
Twitter: / pwlcapital
Facebook: / pwlcapital
LinkedIN: / 105673
Follow Peter Guay on
Twitter: / pwlpete
LinkedIN: / peter-guay-cfa-7608663
Channel management, content strategy & production by Truly Social Inc.
http://trulysocial.ca