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Why numbers say you need to start planning for your kids future education now

Why numbers say you need to start planning for your kids future education now
chathamdailynews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chathamdailynews.ca Daily Mail and Mail on Sunday newspapers.

Why numbers say you need to start planning for your kids future education now

Why numbers say you need to start planning for your kids future education now
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Why numbers say you need to start planning for your kids future education now

Why numbers say you need to start planning for your kids future education now
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Parents of Canada: Use the RESP to Set Your Child Up for Success

Image source: Getty Images Parents want the best for their children, with education goals as the top priority. Fortunately, Canadian parents can set up a Registered Education Savings Plan (RESP) for a child’s future success. You need only a birth certificate and a child’s social insurance number to start the ball rolling. If you’re looking after your children’s future welfare, you can open an RESP in most financial institutions. They could be banks, mutual fund companies, and credit unions, among others. You can hold investments such as bonds, mutual funds, GICs, ETFs, and stocks in your RESP. Do it yourself or seek assistance from a financial advisor.

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