This article originally appeared on cbc.ca as part of the #FinanicallyUnfiltered series. Saving money. Where did this poor idea go to die? It seems to me that the notion of putting a penny away no longer exists. Why is it that...
The RRSP deadline is approaching. 18% of your income up to a maximum of $23,820 can be placed into designated accounts and funds to help lower the amount of taxes you owe. What is an RRSP? Does it make sense to put money into one? What should it be invested in and what is all the hype about?