30 Apr

The rainy day debate: Contribute to your RRSP or pay off debt?


Posted by: Garth Chapman

A good article on an age-old question. Rob’ Carricks bottom line advice: RRSPs beat a mortgage paydown in today’s low-rate world, but credit cards and high-rate loans and lines of credit beat RRSPs.

Get rid of that high-rate debt. Kill it dead.