Friday, August 27, 2010

Short Takes: RESP Catch-22 and more

Big Cajun Man finds that the rules for RESP withdrawals force him to pay for his children’s schooling before he can get the money out of the RESP. I can see that this could be a problem for people with cash-flow difficulties.

Preet Banerjee has some cell-phone deals for his readers. I don’t need as many features as most people want, and so I’ll stick with my $7 per month cell phone.

Money Smarts says that Canadians should be invested in oil stocks.