The average Canadian student graduates with a loan of about $25,000 each year. Student loans have drastically increased over the years, with added pressure of rising youth unemployment. That student could be your child. Do you want your child to graduate debt-free? Do you want to give your child the financial independence to make career decisions? Invest in RESP- Registered Education Savings Plan.
RESP is an important tool to invest for your child’s post-secondary education. Parents, grandparents and friends can contribute money anytime to RESP. The contributions are on-tax deductible and Federal Government contributes a certain amount.
No matter what age they are at, your child deserves the best- especially when it comes to post-secondary education.
Don’t wait on this. Talk to one of our advisors.