RRSP stands for Registered Retirement Savings Plan in Canada.  It is equivalent to 401k in U.S.  I often heard people saying “I bought RRSP this year”, or  “I have RRSP”, and when I ask what you did with the money, they can’t answer.  Some even told me that RRSP is a scam.
Leave aside all…

Managing your money is no harder than organizing your toolbox. The only reason that it sounds so complicated for many people is the misconception that money is just a number in your bank account. Actually, money is different from money, just like a piece of tools is different from each other. Also, money is…

Shopping for a life insurance is quite similar with shopping for other items, such as furniture or appliances for your home.  The first thing is to know what you need and how much you can afford.  Once you have answers for some basic questions, you can start checking out insurance companies for quotes. 
It will…

Life insurance has been recognized as one of the basic step to achieve financial security.  It protects families to suffer dramatic financial setback or disaster in the event of unexpected death on top of emotional lose.  However, choosing an appropriate life insurance policy that fits your need could be challenging.  You will have to…

The holiday season is around the corner.  I have already heard so many “good deals” commercials flying on the air like “don’t pay until…”, or “0%finance available”, etc.  Are these really good deals?  Before you get too excited and put your name down on the paper, be aware of the hidden cost.  Common sense…