Small Talk- February 2022

February 11, 2022 | Brendon Boothman


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From our Team

Teaching our children money skills is now easier than ever.  The Mydoh app and Smart Cash Card make it easy for kids to gain real money skills.  You can set tasks, pay allowance and keep an eye on spending, all in real time. 

Until April 18, 2022 you can give your kids a head start when you sign up for Mydoh and open an eligible bank account and earn free cash.

Learn more about the Mydoh app here.

From RBC Portfolio Advisory Group & RBC Wealth Management

The rough January has taken some of the air out of the U.S. market’s most expensive stocks.  Read more about our constructive outlook.  

Borrowing to contribute to your RRSP, does it make sense for you?

The RRSP has long been recognized as an essential retirement savings vehicle.  However; some investors question whether it’s better to invest outside of an RRSP.  This article examines the various factors.  

RBC’s Investment Stance

Global Insight Monthly link

Just for Fun –  Budget tips for your children aged 6-13

  1. Introduce the concept of a budget and how it works
  2. All food, education and clothing to be covered by parents
  3. Special items should be paid for by cash flow generated through your child’s savings/allowance
  4. Encourage your child to keep savings largely intact
  5. Introduce the concept of charitable donations with a family donation