What is the Indexed Family Education Fund (RESP) and how to build a good portfolio? How to maximize RESP withdrawals? How to make sure you have enough for your child’s university tuition? Learn how to build your RESP portfolio with Million Dollar Journey, one of Canada’s oldest and most detailed Personal Finance blogs.

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Questrade Review 2021 [$50 Promo Offer Code]

By FT March 31, 2021

Is Questrade Safe & Secure? One of the most common questions that I have gotten in the comments below is: Is investing my money through…

Tfsa Vs Rrsp2

TFSA vs RRSP- Canada’s Registered Account Faceoff

By Marc January 23, 2021

The eternal questions I get every year, especially around tax season, are: “Should I max out / invest in my RRSP or TFSA?”  “RRSP or…

Top Canadian High Interest Savings Accounts

Best High Interest Savings Accounts 2021

By FT July 12, 2020

I’ve been writing about Canada’s best high interest savings accounts since I first started this blog back in 2007!  Somewhat embarrassingly, I actually had a…

Indexed Family Education Fund Portfolio

Indexed Family Education Fund (RESP) Portfolio Update – 2020 Edition

By FT May 17, 2020

During this time of uncertainty, many readers have contacted me for continued portfolio updates.  One group in particular –  parents –  are asking me what…

How Do I Maximize Resp Withdrawals

How Do I Maximize RESP Withdrawals?

By FT October 29, 2019

With my oldest child turning 11 this year, my mindset and strategy for our family RESP is starting to shift from accumulation and growth to…

Late Starting Your Resp

Late Starting your RESP? Here’s how to Catch UP!

By FT September 9, 2019

A friend of mine, Gary, recently asked me about registered education savings plans (RESPs) and if it’s too late to get started. Gary’s kids are…

Indexed Family Education Fund Portfolio

Indexed Family Education Fund (RESP) Portfolio Update – 2019 Edition

By FT January 21, 2019

It has been about a year since my last RESP portfolio update which is probably an appropriate time span since it’s a fairly steady portfolio that is…

University Tuition

Will We Have Enough for Our Children’s University Tuition?

By FT May 28, 2018

A reader left a comment asking if our financial freedom income goal would be enough to cover post-secondary education costs for our children.  The simple…

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