Hi,
Just starting this blog to help those that want to succeeed at their financial plans. The economy, markets, and finance are all front page news and leads us from despair to euphoria without truly understanding how it affects us personally. That is what the focus is on. How it affects you and what you need.

Let me know any questions you have and we can start a beneficial discussion in this realm.

As a preliminary discussion point. If you are generating a little extra income - where would you put the surplus?
a) pay off the mortgage
b) pay off outstanding credit card debt
c) invest in an RRSP
d) Put it into a TFSA
e) invest in an RESP for your kids
f) go on a family vacation
g) start an emergency fund

I would say that it depends on your individual situation, and that is why taking direction from an article or a blog is not the best course of action.
If your mortage is at a low rate (which it should be now) and your income is high, probably best to leave the mortgage and place the proceeds in the RRSP. However, if you have a decent amount invested in the RRSP, and your kids are in their early teens, it may be more beneficial to place the money in the RESP. If you have outstanding debt at high interest rates, best to get rid of that as quickly as possible, but if your tax bracket is high, place the money into the RRSP and use your refund to pay off the debts.

Common Sense is what we are after, let me know what you think.