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Riddle me this???

February 24th, 2007 at 10:59 pm

I'm getting to that age where I should really be contributing to an RRSP of some kind... I'm thinking GICs/term deposits at this point...

I guess my question is, why would I do that (aside from the tax relief) when I have outstanding credit card debt? In the same vein, should I not be powering to pay off debt before I put money into savings? Thoughts?!

It seems to me that serious RRSP pushers are the same people who may lead you astray and convince you that home equity (even in a ridiculous Vancouver market) is the be all and end all...

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