Canada Education Savings Program (CESP) Basics


[caption id="flickrImage_1" align="alignright" width="201" caption="Graduation © by James Almond"] [/caption] The cost of college continues to rise -- even in Canada. If you want to be able to help your child pay for a post-secondary education, you can do so with help from the Canada Education Savings Program (CESP). The CESP is meant to encourage parents to contribute money in savings so that their children can pay for college. Relatives and friends can also become involved. The CESP incentives work in conjunction with a Registered Education Savings Plan (RESP), which comes with tax advantages for those who open one for the benefit…

The Beauty in Saving Your Skin and the Water Supply


I have sensitive skin and so a while ago I went to a dermatologist for some over the counter skin care cleanser and spot treatment cream. When the labels said the products might bleach clothes, not to mention some other unpleasant side effects,  I paused and thought "wait this might bleach my face towel and yet I want to put it on my skin"? What am I putting on and ultimately onto my body? Moreover, how will these products affect the environment when they are washed  down the drain? This is not to say that before this realization I was…

Is Old Age Supplement (OAS) a Right?


The recent talk of a slight modification to the Old Age Supplement in Canada has stirred up quite the controversy.  I’ve gotten into some pretty intense chats with other bloggers, and with older co-workers about the legitimacy of this debate.  To be frank, I can’t believe the negative press that Harper and the boys are getting over this.  In my opinion, as a young person who wanted to live in this country for the next 8 decades or so, the current government should be commended for taking this issue on, and making some true sustainable choices going forward! On the…

New Car Import DIY – Save Thousands


Importing a car into Canada may seem to be a daunting task but it really isn't too difficult.  This past summer I imported one of the 2011 Subaru Outbacks and the process was incredibly smooth.  In addition we saved over $9300! In this post I will detail how to new car import to Canada from the United States. How to DIY New Car Import to Canada Here is the process: Make sure the vehicle you are interested in is on the Registrar of Imported Vehicles admissibility list.  Some manufacturers do not allow their dealerships to sell new vehicles to Canadians. It…

Forex Trading is Risky


You may be eager to try Forex trading because you’ve heard of Forex traders making huge profits by trading currencies.  And you’re right – some people are able to make lots of money Forex trading.  In fact, there are hedge funds and institutions that rely heavily on Forex currency trading to make money, and they do very well at it.  However, it has only been in the last few years that Forex trading has become popular with individual investors.  Forex Trading Risks Margin and Leverage The biggest risk of Forex trading is the leverage involved.  If you are leveraged 1:100,…

The Basics of Forex Trading


You may have heard of Forex trading – the trading of currencies on the foreign exchange market.  It has become increasingly popular over the past few years for individuals to do Forex trading because there are large profits to be had if you know what you are doing.  However, trading in the Forex market is very different from trading on a basic stock exchange, and so here is what you need to know. How To Get Started Before you start Forex trading, you need to check if your broker has a Forex broker platform.  Many do, but some do not,…