Wednesday, May 18, 2011

Burn RRSP to pay off credit card? Globe & Mail's Cash Clash

Jon, 40, and Adrienne, 35, Toronto

Should she ditch her underperforming RRSP? After a decade, the $5,000 fund is going nowhere, and this mom of two is fed up – she wants to cash it in to pay off her credit card. Her husband thinks she should put up with short-term pain for long-term gain.

Read the full article and my advice here: http://www.theglobeandmail.com/globe-investor/personal-finance/cash-clash-burn-rrsp-to-pay-off-credit-card/article2024590/

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