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Inscrire votre adresse courriel. There are a number of questions you should be asking yourself about this strategy:. Contact us today to see if withdrawing from your RRSPs' is the best option - give us a call at , or drop by your local branch to discuss the right strategy for you. Search RBC. Personal Banking. Contact Us Location. What is the Home Buyers' Plan? Again, I want to reiterate, I know this is not exactly the same as going into debt — but you are still borrowing money to fund a purchase and failure to repay the borrowed money will cost you.
Lastly, the emotional effects of borrowed money can take a toll on some people and this might not be something you want to deal with. It could be a viable option for you! If you really want my yes or no answer on if you should do this or not, I say no. Noel Moffatt is a former collegiate and semi professional basketball player who now works in Saas based sales. When Noel's not at work or writing in his Financial Geek blog, you can find him at the hockey rink, a golf course or a Crossfit class.
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