Tag: grandchildren
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Do grandparents spoil grandchildren with Christmas presents? Tips to help.
Spoiling grandchildren with gifts might come at a price. Here’s why It’s no secret that grandparents love making the holidays special for their grandchildren, but can excessive gift-giving have a detrimental effect on children and their family members? Welcome to Uncomfortable Conversations About Money, a new series where we address money topics or situations in…
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Give financial gifts to your grandchildren
Giving your grandchildren an RESP for Christmas is a great idea, but you can also give them a cash gift. RESPs, RRSPs and TFSAs are worthwhile investments, but there are other options as well. Here are some suggestions to consider as Christmas gifts. Open an RESP The Registered Education Savings Plan (RESP) allows you to…