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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 10, 2024

 


HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Saturn’s influence on your birthday is such that both rewards and penalties will be magnified many times over, so always follow the rules and always make sure the people you work with are following them too. Honesty plus hard work will bring lasting success.

ARIES (March 21 - April 20):

If a friend asks you for a favour this weekend you will of course help them out but don’t let them depend on you to such an extent that you have no time left to do your own thing. Be brutal and insist they do more for themselves.

TAURUS (April 21 - May 21):

Although a friend or relative appears to be on their best behaviour at the moment the planets warn they may be up to something they don’t want you to know about, so be on your guard and, if possible, find out what’s cooking.

GEMINI (May 22 - June 21):

According to the planets you have been deceiving yourself about how much effort you are going to have to put in to make a success of a new creative project. You cannot approach it in a half-hearted manner – it really is all or nothing.

CANCER (June 22 - July 23):

You have been pushing yourself extremely hard of late and if you don’t slow down and give your body and mind a break this weekend it will take a lot longer to recover later on. You have limits like everyone else, so be smart and respect them.

LEO (July 24 - Aug. 23):

The sun in your sign makes a challenging link to Saturn this weekend, so don’t expect everything in your life to run smoothly over the next 48 hours. When confronted by obstacles you must use your brain, as brute force won’t be enough to get past them.

VIRGO (Aug. 24 - Sept. 23):

You may be on the verge of giving up on a problem you have been struggling with for ages but don’t be hasty. Put it on the back-burner for a while and focus on more enjoyable things. The answer will pop into your head early next week.

LIBRA (Sept. 24 - Oct. 23):

If it seems as if everyone is talking about you at the moment it’s most likely because they are. What have you done to provoke so much gossip? Who knows, but now you have got their attention make sure they know you are serious about your intentions.

SCORPIO (Oct. 24 - Nov. 22):

Don’t let it worry you if someone else’s misfortune works in your favor this weekend. It isn’t your fault they got themselves in such a muddle and it would be foolish of you not to take advantage of it – as they would if the roles were reversed.

SAGITTARIUS (Nov. 23 - Dec. 21):

You demand freedom of action for yourself and what happens this weekend will remind you that friends and family members are entitled to their liberty every bit as much as you are. Encourage them to go off and do their own thing for a while.


CAPRICORN (Dec. 22 - Jan. 20):

You may be tempted to try and hold back the tide of events but what’s the point? The world is changing at a rate of knots and there is no way you will be able to slow it down, let alone stop it. Try changing with it instead.

AQUARIUS (Jan. 21 - Feb. 19):

If a friend or family member tries to warn you about something this weekend you would be a fool to ignore them. They can see pitfalls that you, in your desire to believe that nothing can go wrong, have managed to overlook. Listen, learn and act.

PISCES (Feb. 20 - Mar. 20):

Saturn in your sign urges you to knuckle down and do what is expected of you on the work front, but don’t push yourself too hard. You have responsibilities, to be sure, but you also have rights, including the right not to exhaust yourself.

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