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Start Saving Now for September: Your RESP Checklist Before the School Year Hits

  Canadian Money Brief · Family Finance September feels a long way off on July 1. That's exactly why now is the right time to look at your child's RESP — not in late August when the school supply list arrives and the grant math gets rushed. If you have a Registered Education Savings Plan (or you've been meaning to open one), here's what to check right now, and why the calendar year — not the school year — is what actually matters. Why July, Not August The Canada Education Savings Grant (CESG) — the government's 20% match on RESP contributions — runs on the calendar year , not the school year. Grant room for 2026 resets on a January-to-December basis, and it doesn't carry any special "back to school" deadline. But summer is genuinely the best time to check your numbers, for three reasons: You still have six full months left in the year to top up if you're behind. Contributions made now have more time to grow before your child needs the money. You av...

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Your daily horoscope: August 24, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

You will have plenty to say for yourself this year and others will be left in no doubt as to what you believe. But try not to be too fixed in your opinions because your vision isn’t the only one of value. Listen occasionally too.

ARIES (March 21 - April 20):

You may find that some individuals make a point of being unhelpful this weekend. Don’t take it personally and don’t change a thing. The fact is you don’t need their assistance and you’re not the sort to change your ways to please other people.

TAURUS (April 21 - May 21):

There is no reason to stay quiet about your plans. Let everyone know what it is you are going to be doing and let them know too how they can help if they want to share in the spoils. If not, tell them to stay out of the way.

GEMINI (May 22 - June 21):

You will be called on to make some tough decisions over the next few days but with both Mars and Jupiter moving through your sign you won’t hesitate to do what needs to be done. Don’t feel too sorry for those who lose out or get left behind.

CANCER (June 22 - July 23):

You may truly believe that you can change the world but hopefully you are smart enough to realize you can’t do it all on your own. Get involved with people who share your aims and your outlook on life and start making good things happen together.

LEO (July 24 - Aug. 23):

It should be easy enough to convince friends and colleagues that your plans deserve their full support. Point out the many ways they will benefit personally from what you propose and promise them that you won’t keep all the rewards for yourself.

VIRGO (Aug. 24 - Sept. 23):

Try not to analyze your motives and your actions too deeply over the next 48 hours. Now the sun is moving through your sign you can afford to trust your instincts – you really don’t have to dissect each and every decision you make.

LIBRA (Sept. 24 - Oct. 23):

A positive mental attitude is essential if you are to attract the kind of success you desire. It won’t be easy now the sun is moving through the most sensitive area of your chart but if you focus on the future rather than the past it can be done.

SCORPIO (Oct. 24 - Nov. 22):

The sun in one of the more outgoing areas of your chart will help you reach out to people and build alliances that both they and you can profit from. You may be a loner by nature but you can accomplish great things as part of a team.

SAGITTARIUS (Nov. 23 - Dec. 21):

The vital thing now is that you make sure employers, senior colleagues and all the other important people in your life know what it is you are hoping to accomplish. If you spell it out for them you will get all the assistance you need.

CAPRICORN (Dec. 22 - Jan. 20):

The more others rave about the latest big thing the less inclined you will be to add your name to its growing list of admirers. The only danger is that this particular big thing could actually turn out to be the wave of the future. Don’t get left behind!

AQUARIUS (Jan. 21 - Feb. 19):

Refuse to settle for second best this weekend and insist that everyone you deal with, socially and professionally, makes a proper effort to live up to your high standards. If they are not prepared to do that, don’t waste your precious time on them.

PISCES (Feb. 20 - Mar. 20):

Some of the things you thought were fixtures in your life will start to shift over the next few days and you must be ready and willing to adapt to the new reality. You know you cannot hold back the tide of change, so don’t even try.

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