Nurture

If you haven’t yet started an RESP, or if contributing $2,500 a year to your kid’s education seems completely unrealistic, that’s OK. It’s not too late, and it’s perfectly fine to start small. What is an RESP? A Registered Education Savings Plan (RESP) helps parents save for their kid’s post-secondary education. You deposit money into
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In major Canadian cities, especially Toronto and Vancouver, families are increasingly living in tight quarters. Some parents are choosing to prioritize being able to walk to work, cafés, cultural centres and sports facilities—perks that were especially enticing pre-pandemic. As Annely Zonena, a project manager in Strategic Initiatives in Toronto’s City Planning Division, describes it, “You
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If you’re feeling meh about car shopping, you aren’t alone. A quarter of shoppers say they’d rather have a root canal than negotiate a car deal. Here are some pain-free tips for getting started. A car is one of the most expensive big-ticket items most of us will ever buy. A daunting task at any
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1. Lay it all on the table Sit down and finally figure out all the money that’s coming in every month and everything that’s going out. Fixed expenses—the ones that don’t change month to month—typically include rent or a mortgage payment, hydro, cellphone bills and the like. Variable expenses, also called discretionary spending, vary a
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When Tia Shkolnik’s baby was six months old, she put down a deposit of more than $2,000 to secure a spot in a brand-new child care centre—even though they weren’t planning on sending their daughter to daycare until she was 12 months old. “It’s very hard to find a daycare placement where we live,” explains
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Here’s everything you need to know about the service that lets online shoppers buy now and pay later. Plus, two financial planners share their takes on its pros and cons. As you check out your online retail purchases this holiday season, you may have noticed an Afterpay icon pop up under the payment options. So
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For the last couple of years, Toronto mom Salma Syed and her kids, Maarya, 12, Ibraheem, eight, and Sameeha, six, have been part of Spreading Salam, a group created to help kids volunteer and give back. The kid volunteers socialize a bit with their buddies in the group, make sandwiches and pack them up. Then the parents and
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Every December, when the radio starts playing “All I Want is You,” I’m overcome by the urge to craft, bake, plan the perfect holiday meal, and decorate the house just so. And despite Mariah Carey’s insistence that she doesn’t care about the presents underneath the Christmas tree, it seems imperative to wrap beautiful, Insta-worthy gifts.
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