by Thomas Chan | May 25, 2021 | Uncategorized
Do you know what child benefits you’re entitled to when you have a newborn in Canada? Raising a child is not an easy task and can be especially difficult in a country with a high cost of living like Canada. Fortunately, our government does provide a lot of benefits to...
by Thomas Chan | Apr 18, 2021 | RESP
Did you know there is an investment plan that can give you 20% return guarantee risk-free each year, and is also backed by the Canadian government? This investment plan that I’m referring to is the Registered Education Savings Plan (RESP) and in this post, you’ll...
by Thomas Chan | Mar 21, 2021 | Life Insurance
A common question about life insurance in Canada is whether or not you should go for term life insurance. After all, they seem to be the cheapest form of life insurance and anything other than that feels unnecessary, as if you are giving extra to the insurance...
by Thomas Chan | Mar 21, 2021 | Life Insurance
While life insurance is not the most exciting topic to discuss, I promise it is more relevant to you and your family’s financial health than you think. In this article, you will learn the basic terminology about life insurance, the different types of insurance you can...
by Thomas Chan | Feb 21, 2021 | Retirement
Should you get an RRSP loan? If there’s one key takeaway from this post on RRSP loan, it’s this: don’t do it. In this blog, I’m going to cover what is an RRSP loan, how does it work, the pros & cons of a RRSP loan and is it a good idea to borrow money for RRSP....