tax refund

Tax Refund as an RESP Investment

There’s almost nothing sweeter than finding out you’ll be receiving a tax refund. All that disciplined saving towards your RRSP, those charitable contributions and that meticulous filing is about to pay off in a windfall with your name on it! Well, before visions of spending sprees take over, consider the more responsible ways you could be using those ‘tax refund’ funds. You could start putting aside money towards next year’s RRSP or even put them into a savings account or use those funds to help set your child up for future success.

Mother hugging daughter on graduation day

I love the springtime. Waking in the morning to the excited sounds of birds chirping. Watching the trees which, for months, have appeared lifeless, suddenly spring back to life. I am always amazed at the certainty of the seasons; no matter how long the winter is (and some years feel longer than others!) we always know that spring will come. And while April signals the much-anticipated arrival of spring, it’s also synonymous with another certainty in Canadian life:  tax season.

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tax refund | CST Blog | C.S.T. Consultants Inc.

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