Jonathan Chevreau, Personal finance columnist for the Financial Post and author of Findependence Day, recommends both building wealth and paying down debt. How? One way is by making a contribution to your RRSP and then applying your tax refund towards something like paying down your mortgage.
For more of Chevreau’s tips on how to get ahead by following what he refers to as “guerrilla frugality,” watch:
Watch part one of Kevin Press’s interview with Jonathan Chevreau on Common mistakes people make in RRSP season.
For more retirement savings tips, check out:
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