It’s All About Kids

It’s All About Kids

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Anxiety about whether our kids have the best we can give them as they head back to the classroom or away a post-secondary education.

Parental anxiety plays a big part in the annual back-to-school spending extravaganza.

Anxiety about whether our kids have the best we can give them as they head back to the classroom or away from post-secondary education.

Anxiety about whether we’re doing all we can to help our kids succeed.

 

I’ll be glad to offer you some pointers and financially, I do have a thought.

While you’re ticking items off the endless list of things kids need for school these days, make sure that you have a Registered Education Savings Plan (RESP) to which you’re making regular contributions.

Does this really have to be said after all these years that RESPs were turned into must-have savings vehicles through the introduction of the Canada Education Savings Grant? That’s where the Federal Government annually matches your contributions to an RESP with up to $500 in basic grant money per eligible child, with a lifetime cap of $7,200.

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Farah Jahed

Senior Financial Advisor
Insurance & Investment Broker

Chartered Life Underwriter (CLU)

Certified Health Specialist (CHS) 

Member of the Million Dollar Round Table (MDRT)

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