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Things to Do Before You Start First Year University
By Payton Schuck Note from Paula – My daughter Payton starts university in September. First Year University! Let me first of all say, we are so proud of Payton and can’t wait for her to start, but also it seems like it was yesterday when I was dropping her off for her first day of kindergarten and here we are almost starting university. She graduated from high school and has been accepted at her top three choices. Two of those are in town and her top choice came through first, so that was exciting to see. Her face lit up that day when she got the first acceptance email and…
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Is Your RESP Protected by Deposit Insurance?
The cost of post-secondary education in Canada continues to climb. Chances are good you already know this. In fact, I know many of you have been saving or putting money away into a Registered Education Savings Plan (RESP) for years. And, you are not alone. Many parents and grandparents are trying to save as much as they can in an RESP so that kids and grandkids can continue their education after high school without the burden of student loans. RESPs are a great savings tool. There are federal government grants that can help top up your funds and that can help you maximize your contributions. But have you ever given…
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Investing in RESPs: Saving for my daughter’s education
Well, she might not have said that, but it makes sense at Christmas time to boost the RESP contributions. How investing in RESPs helped me save for my daughter’s education I am the daughter of a teacher. In our home, education was valued above all as the ticket to a future, the means to become whatever you wanted. Growing up, we didn’t have much money because my Mom was a single parent, but we studied hard and dreamed and knew university was a way forward. Education was a gift that could last a lifetime. My Mom might not have had money, but she had dreams for us. I am a…
