Tag Archives: RESP

Saving for Your Child’s Education #EducationSavingsWeek

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Educations Savings Week

Children are expensive little creatures. Saving for your child’s education is not always easy. In this day and age saving for your child’s education is a subject that you should research and understand. By the time our children complete high school, post secondary education fees are going to be considerably higher. There are many ways to invest in your child’s future by saving for your child’s education. Heritage Education Funds will be sharing tips on their blog all week from November 21 – 25 to help you understand your options. In our family, we have a set amount that comes … Continue reading →

Encourage Children to DREAM

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Encourage Children to DREAM

We need to encourage children to DREAM! On my very first day of school, when I was in Kindergarten, I was encouraged to dream. I remember being asked what I wanted to be when I grew up. I was also asked to share my favourite food. I recall randomly throwing out “firefighter” and “oatmeal” as my choices, two completely random things that sat on a piece of paper above my cubby for the entire school year, staring me in the face. I liked oatmeal, but certainly didn’t love it. Perhaps that was what I had for breakfast that morning, I … Continue reading →

Give a Gift that Lasts this Holiday

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RESP

Well over a year ago, a close girlfriend of mine and I had a very open conversation about birthday and holiday gifts. We both agreed that our children do not have a NEED for much, and we are so fortunate for that, however, in our society, we often feel a need to purchase physical gifts for one another. I shared with her what we do with my husband’s side of the family for birthdays and Christmas and we both agreed that it was something we wished more people would be open to thinking about. When her second daughter was born, … Continue reading →

3 Top Tips for Saving for your Child’s Education

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Saving Tips for an RESP

Education is important! Saving for your child’s education is extremely important! After the birth of my daughter, we set up an RESP for her as soon as we could. Once my son was born, we also set up an RESP account for him. We have comfort knowing that if one of our children chooses not to pursue post-secondary education, we can put all the money we’ve saved towards the child who does go. If both don’t go, well, that’s a story for another day. If both don’t go, well, that’s a story for another day. Over the past 10 years, … Continue reading →