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(Maciej Korzekwa)
(Maciej Korzekwa)

Earlier discussion

Pay down debt or pay into your RRSP? Add to ...

With two weeks till deadline, you might be one of the many people trying to decide whether or not to make a contribution to your RRSP. For many debt-laden Canadians, the decision is anything but simple.

If you are buried under a mountain of debt, paying down your mortgage or clearing your credit card debt might be a better financial option, says chartered accountant David Trahair, the author of Crushing Debt.

Mr. Trahair answered your questions in a live online chat.

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