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Parents, check your mailbox!

September 2017

Parents, check your mailbox!

This week, the Government of Canada mailed out letters to more than 85,000 families who are eligible for the Canada Learning Bond (CLB) – consisting of a $500 grant at birth and an additional $100 per year until a child turns 15, as long as…

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Parents, Stop Leaving Money On the Table

  Recent survey results from Ipsos and Knowledge First Financial indicate that over half of Canadian parents are leaving money on the table when it comes to saving for their child’s future education costs, and they regret it later. Parents are simply not taking full…

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5 Reasons You Should Save For Your Child’s Education

You know it. The cost of education has increased by more than 100 percent since the 1980s, making it difficult for parents to save enough. Thankfully, the federal and provincial governments across Canada offer Registered Education Savings Plans (RESPs) and grants to help you save…

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3 Reasons You Should Not be Lazy When Saving for Your Child’s RESP

  Like most things in life, good things don’t last forever. This certainly applies to free grants for your child’s Registered Education Savings Plan. Every year you have access to some form of free grant whether through the Federal Government or the province where you…

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3 steps to financial adulthood for students

Your student budget is beyond tight; books, tuition, lab fees, residence, food, cell phone, Internet, beer, parties and travel. But, if you don’t want to live on your parents’ couch when you graduate, you’re going to have to grow up financially.   Use your smart…

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4 Budgeting Hacks for Parents to Afford RESPs

  You’re maxed, right? Between mortgage payments, groceries, gas, haircuts and sports registration fees, it seems next to impossible to scrounge up money for your child’s Registered Education Savings Plan (RESP). A recent survey from Ipsos and Knowledge First Financial revealed that four out of five…

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