Chapter 2: Where to save your money

Chapter: Where to Save Your Money
Author: Jim Yih
Website: RetireHappy.ca
Background: Jim Yih specializes in helping consumers take control of their finances. He offers employer sponsored financial seminars with a strong emphasis on research and ease of understanding. He’s also a prominent financial blogger. Jim’s years of experience allows him to take complicated investment advice and make it understandable for the rest of us.
Chapter Summary: Jim tackles some of the biggest misunderstandings by Canadians by showing us the ins and outs of RRSP’s, mutual funds, TFSA’s, and RESP’s. You’ll finally understand the differences between these accounts and investments and gain an understanding of when, and when not to use them.

Resources:

  • Retire Happy Blog – Jim’s financial blog for consumers.
  • Group Benefits Online – Jim’s blog on Group Benefits.
  • Financial Books – Jim’s other retirement planning products including books, DVD’s and planners.
  • Hire Jim – Employers can bring Jim on board to provide solid financial education for their employees.