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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: May 23, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

There is so much positive cosmic activity on your birthday this year that you are clearly destined to accomplish something great. Even the full moon won’t be able to stop you making difficult things look easy, so get out there and be amazing.

ARIES (March 21 - April 20):

The pace of life may have been a bit slow of late but that will change big time. Cosmic activity in the most open and outgoing area of your chart, plus today’s full moon, means you can take your foot off the brake and get moving at last.

TAURUS (April 21 - May 21):

Recent events have lifted your spirits to such an extent that you no longer believe that your efforts have no meaning. Remind yourself every hour and every minute that you alone create your reality and that you alone have responsibility for your moods.

GEMINI (May 22 - June 21):

Are you feeling on top of the world? Well, you should be because the cosmic powers are on your side and if you don’t feel ten feet tall right now you will do before the end of the week. It’s time to get that smile back on your face.

CANCER (June 22 - July 23):

Stop making out that life is so tough and start behaving as if you can do anything you please – because you can! Your attitude toward everyday events, be they “good” or be they “bad”, is what determines whether your journey is going to be easy or hard.

LEO (July 24 - Aug. 23):

Recent events have taught you some valuable lessons, not least of them being that just because other people occupy positions of power and influence does not mean they are smarter than you. On the contrary, you are clearly in a higher league.

VIRGO (Aug. 24 - Sept. 23):

Today’s full moon will in some way or other put you to the test but that’s a good thing in that you need to be pushed to your limits so that you know what you are truly capable of. Refuse to be intimidated and refuse to be a failure.

LIBRA (Sept. 24 - Oct. 23):

What you thought was so important yesterday will mean nothing at all to you today, so be ruthless and ditch it the first chance you get. There are dozens of things going on in the world that are far more worthy of your attention.

SCORPIO (Oct. 24 - Nov. 22):

Today’s full moon will make it easy for you to get rid of all the junk, both emotional and physical, that you have been dragging around for the past few months. Get back to basics today by adopting a more minimalist approach to life.

SAGITTARIUS (Nov. 23 - Dec. 21):

Because there is a full moon in your sign you may be a bit touchy today. If you get annoyed with someone recognize that it is most likely you who is making things worse than they need to be. Count to 10 slowly and let your anger evaporate.

CAPRICORN (Dec. 22 - Jan. 20):

In recent weeks you have worked on a number of activities that have been rewarding both personally and financially. Now you must move to the next level and focus on the one activity that is most likely to make you a star. Get serious about it.

AQUARIUS (Jan. 21 - Feb. 19):

Set your sights high and refuse to lower them a single inch, even if others say you are expecting too much of yourself. It may or may not be true that we have but one life to live but act as if it is and give it your all.

PISCES (Feb. 20 - Mar. 20):

Don’t push yourself too hard today because the full moon is likely to make most of your efforts redundant. Your schedule may be crammed with things that “Must Be Done” but you won’t lose out if you ignore them for the next 24 hours.

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