Tag: Canada

Saving for Your Child’s Education Without Breaking the Bank: The RESP Explained (Ep. 9)

Saving for Your Child’s Education Without Breaking the Bank: The RESP Explained (Ep. 9)

Are you dreading the looming costs of university for your kids?

Saving for university doesn’t have to be stressful or complicated – let’s talk about how RESPs can help secure your child’s academic future.

Join Aaron Buchner as he breaks down the essentials of Canadian RESPs, exploring individual, family, and group plans. Learn how to maximize government grants and gain practical advice to ease your financial planning worries. Perfect for any Canadian parent navigating the complex world of university savings.

Aaron discusses: 

  • The specifics of individual, family, and group RESP plans
  • How to earn up to $7,200 in government grants and additional bonuses
  • Real-world tips on avoiding common mistakes in saving for your child’s education
  • How RESP funds can be used for a variety of educational expenses beyond tuition
  • And more

Resources:

Connect with Aaron Buchner: 

Should You Pay Off Debt or Invest? Let’s Find Out! (Ep. 6)

Should You Pay Off Debt or Invest? Let’s Find Out! (Ep. 6)

Balancing debt repayment and investing can be a tricky decision for many.

How do you decide whether to pay off debt or invest your extra cash? What factors should influence your decision?

In this episode, Aaron Buchner from Cactus dives into the common financial dilemma of whether to pay off debt or invest when you come into some extra money. 

Hear insights into how to approach this financial decision, consider the pros and cons, and understand the importance of personal goals and lifestyle choices in making your decision.

Aaron discusses: 

  • Should you pay off debt or invest windfall money?
  • The impact of high-interest credit card debt and why it’s crucial to pay it off first
  • Understanding mortgage rates and how they differ between the US and Canada
  • The importance of balancing debt payments, investments, and lifestyle goals
  • And more!

Resources:

Connect with Aaron Buchner: