So that is what $50,000 looks like…
Sitting through 3 of my daughters’ graduation ceremonies, I continue to believe that my best investment ever was RESPs and helping them with their education
RESP or Registered Education Savings Plan is an essential program for saving for University and post-secondary school expenses.
I stopped and checked, and I have dedicated a lot of electronic ink on the subject of the Registered Education Savings Plan and specifically my “interactions†with TD and associated Universities over my daughters’ academic careers. While I used the TD Mutual funds, there are many other better ways to do this. For anyone planning on sending their children to a post-secondary school, the RESP is an essential financial tool.
This is free money folks, why you would not want to have it, is beyond me.
Sitting through 3 of my daughters’ graduation ceremonies, I continue to believe that my best investment ever was RESPs and helping them with their education
An excellent comment on yesterday’s post about RESP’s Only Covering 1/2 University Costs, pointed out I did miss an important concept that parents and students should be thinking about if there is going to be… Read More »CO-OP Degrees a Parent Financial Savior
You realize that your RESP is most likely going to barely cover tuition costs for your child’s post-secondary education, the other costs, are paid by?
Over the years there have been many RDSP Changes and tweeks to the system, in the 2012 Federal budgets there were a few changes introduced.
Having trouble navigating RESPs? This Bank Maze account offers advice to make it simple. Learn how to only sign 2 forms (plus 4 signatures) and take the hassle out of RESPs.