Is a “Child Plan” Better Than a TFSA for My Kid’s Savings?
If you’re like most parents I talk to, you’ve probably had “Open a TFSA for the baby” on your to-do list since the day you got home from the hospital. We’ve been told for years that the Tax-Free Savings Account (TFSA) is the ultimate Canadian gold standard for saving money. But there’s a massive catch […]
How can I save money for my child’s future and give them a head start?
Every Canadian parent has the same goal: Give their child every opportunity in life to succeed, regardless of the economic climate. However, in 2025, the challenge for parents has shifted. With the cost of every day living from groceries to housing rising faster than the rate their incomes can keep up, a staggering 84% of […]
Can I Open A TFSA for my Child? What’s the Minimum Age to Open a TFSA?
What’s the Minimum Age to Open a TFSA? Parents today are facing many challenges. Between record-high cost of living, finding an affordable home to raise a family and deciding the best way to invest for their children’s future and education can feel impossible. However, achieving those long-term financial dreams for both them and yourselves are […]