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January 28, 2022 - Posted In: Financial Planning, Uncategorized

What is the Canada Child Tax Benefit?

This article is brought to you by Insurance For Children and the creator of Child Plan ™ the fastest growing alternative to the RESP. Child Plan, One Plan For Life.  What if you could receive free money from the Government deposited in your bank account every month until your child turns 18? […]

January 28, 2022 - Posted In: Financial Planning, Uncategorized

How does RESP withdrawal work?

This article is brought to you by Insurance For Children and the creator of Child Plan ™ the fastest growing alternative to the RESP. Child Plan, One Plan For Life.  Have you ever heard of the saying getting into things are easier than getting out of them? Saving for your child’s future […]

January 27, 2022 - Posted In: Financial Planning, Uncategorized

Best Gifts for Grandchildren – Why wait Thirty Years To Give Them Their Gift?

This article is brought to you by Insurance For Children and the creator of Child Plan ™ the fastest growing alternative to the RESP. Child Plan, One Plan For Life.  What financial gifts can grandparents give their grandchildren and when?  Many grandparents have the same question when they learn they will become […]

January 27, 2022 - Posted In: Financial Planning, Uncategorized

RESP Grant: Top 5 RESP Grants Available in Canada

This article is brought to you by insurance for children, Canada’s leader in financial planning for children and the creator of Child Plan ™ the fastest growing alternative to the RESP. Child Plan, One Plan For Life. When people become parents, they dream of plans for their future. Most Canadian parents believe […]

January 27, 2022 - Posted In: Financial Planning, Uncategorized

RESP vs TFSA: Which is Better for Child Savings?

This article is brought to you by insurance for children, Canada’s leader in financial planning for children and the creator of Child Plan ™ the fastest growing alternative to the RESP.  As an adult in Canada, you have a variety of options available to you to save for your future. However, investment […]

January 27, 2022 - Posted In: Financial Planning, Uncategorized

What Is The Maximum RESP Contribution In Canada?

This article is brought to you by insurance for children, Canada’s leader in financial planning for children and the creator of Child Plan ™ the fastest growing alternative to the RESP. Year after year, post-secondary education enrollments are steadily increasing. On top of higher enrollments, costs are going up at the same […]

January 4, 2022 - Posted In: Financial Planning, Uncategorized

Saving Money for Your Children – The Ultimate Guide

With adequate planning, parenting does not have to be an expensive affair. Saving money for children as early as possible eases the financial burden. Some people decide to start saving money for their kids, from the day the kids are born. The most important thing is to put some money aside every […]

January 4, 2022 - Posted In: Financial Planning, Uncategorized

Individual vs Family RESP Plans – Which One is The Best and Is The RESP The Best Option?

When it comes to choosing between individual vs family RESP plans, the main difference is usually the number of kids. An individual RESP is an option for families with one child, while family RESP is for people with multiple kids. However at the time you have your first child, do you know […]

January 4, 2022 - Posted In: Financial Planning, Uncategorized

RESP Tax Deduction in Canada: All You Need To Know

Between 2006 and 2021, the annual  cost of undergraduate tuition in Canada has almost doubled, from $4,400 to $6,693. If you consider this outrageous tuition, food, school supplies, and housing, post-secondary education has become very expensive.  But since your child was only recently born, How much is tuition in 2035? If the […]

January 4, 2022 - Posted In: Financial Planning, Uncategorized

CESG: Everything to Know About a Canada Education Savings Grant

As of 2021, the average tuition cost of universities in Canada is $19,948 per year, including tuition, food, housing, and other expenses in 2018 according to Mcleans article. For that reason, the Canadian government has made a point of encouraging parents to start saving for their child’s post-secondary education as early as […]

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