As I mentioned in my last post, the Money Hacker family moved from Ireland to Canada in June 2023. At that time we had assets in both Canada and Ireland. This post will go through how we decided to centralise and invest our money in Canada and what we invested in. Asset shift Before we … Read more
I logged into my Canadian bank account today and was faced with an ad for a line of credit with the preface that borrowing money to max out your RRSP would be a worth while thing to do. This is of no importance to me at the moment as I’m not earning Canadian income but … Read more
Save on management fees by opening your own investment account for your RRSP. See how here
If you’re lucky enough to have an employer that provides pension or RRSP matching as a benefit, it seems like a no brainer to maximise whatever portion you need to, to get the full match. After all it’s free money or a 100% return on what you put in! Except, there are some scenarios where this doesn’t work out in your best interest. Read this post to see when.