When should I start saving for my child's education?

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When should I start saving for my child's education?

Rounding it up

  • With school fees and costs of living on the rise, it’s important to start saving early for your child’s postsecondary education.

  • The first step is to open an RESP account, a tax-preferred savings plan designed to help parents save for their kids’ education.

  • Try to make automated monthly payments to your RESP. If you want to take it up a notch, replace non-essential items with RESP contributions — every little bit helps!

4 min read

Brandi Marcene
#RESP#budgeting#saving#parenting

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