Early Career (23-30)
In early career is it best to pay off student debt or used the money saved to start your own business
Pay off student debt
Is it a good idea for Gen z's to start a family in their mid career
Indubitably
What is an Investment Opportunity to utilize during your Prime Earning stage
Forex or Crypto
At what age when withdrawing would you be maximizing CPP payment gains
What years are gen z part of
1997-2012
What is the best investment to make in early career
Invest in Mutual Funds or Eth
What does RESP stand for
Registered Education Savings Plan
What is the main investing account that should be used
TFSA
What does a RRIF do to your RRSP funds
Gives you a steady stream of payments instead of lump sum
T/F: should Gen Z focus on developing a strong credit rating
True
For early career is it high, medium or low risk for someone to go over seas or stay in there home town
High Risk
What is a common age when becoming an entrepreneur
mid 40s
What is the annual contribution limit for a TFSA
$6500
What’s a main advantage to contributing to a RPP/IPP instead of a RRSP
Potentially larger contribution room
T/F: Is the current financial climate affecting Gen z Financially
True