Reader Questions
Expert answers for your questions
Can you open an RDSP after you turn 18?
This Canadian mom wants to know if she can open an RDSP for her son, and if she can open one for herself, too.
What is a non-registered savings account?
Known as an NRSA, you can hold cash or investments in this type of savings account. But it’s non-registered, which has its implications.
True or False: Your credit score follows you to Canada
Credit works differently around the world, true. But does your history in another country matter when you come to Canada? Find out.
Why am I suddenly paying more taxes?
Have you noticed a smaller paycheque in January? Find out from a tax expert why that’s happening.
How much should 20-something Canadians have saved?
With your life ahead of you, savings may not be top of mind. But the 20s are a good time for Canadians to start adulting and thinking about money.
What is a credit card annual fee? What does it pay for?
Every year when you see the annual fee on your credit card statement, you might wonder if it’s worth the cost. Find out how to do the math.
True or False: You can’t build wealth without a big salary
Is wealth-building above your pay grade? Is there a minimum amount of money you need in order to save? These questions and more, answered.