Difference Between GIC and RRSP
Jan 20, 2024
One of the funniest things that I heard at the bank back in 1998, when I first started was a question posed by a young girl, “What is the difference between a GIC and an RSP?”
I remember this gal, she just started at the bank, barely out of University, and she was so cute.
She mentioned that she was born and raised in the same city as me, and she also attended the University of Alberta. She was so excited to join the bank, because apparently, she did not know where she would work, as her major was in Marketing, not finance.
A genuinely nice colleague of mine was kind enough not to laugh at her, and explain to her, what the difference was.
I will never forget how he explained it, and to this day, I explain it to people who are just like her, who just do not know.
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.
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That girl was me.
Back in 1998, as I was hired by the bank, to provide financial services to Canadian families, I, needed training and MORE education than what my university business degree taught me.
The only reason I even received a Cole’s notes version of what a GIC was and an RRSP, was because I asked.
It was not because the bank taught me.
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And if you are still wondering why the question was funny…
I suggest you reach out to me….
#anewbreedofbankerwillriseup
#youhavenoideawhatimcapableof
#teamrevolutionedmonton
#10000familiesoutofdebt
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