#YMCCommunity member, Heather Van Mil thought RESPs would be complicated to purchase and was confused as to what you can use one for. She did her research and learned how easy buying one can actually be and also learned about the non-traditional education options available and how an RESP can be put towards many other things as well.
Before we had our two girls, my hubby and I explored and debated extensively about circumcision, breast vs. bottle feeding, the best day cares and preschools, when to have THAT discussion with our children. Everything is a well thought out, carefully considered choice. However I do seem to have one glaring blind spot.
I reluctantly admit that I am like an ostrich with my head in the sand when it comes to RESPs.
I found myself pregnant with my first child and after months and months of bedrest and illness, I finally found the energy to get dressed and get out of the house to attend a baby show, only to be bombarded by people trying to sell me on a savings plan for my precious baby that didn’t even have a gender or name yet, let alone a financial future. Once I gave them my personal information, they proceeded to call and email me to invite themselves into my home so they could continue with their sales pitch.
Given this experience, I am so glad I found a much better way to buy RESPs!
image credit: www.sarahjanemphotography.com
Time flies by in the blink of an eye. One day you’re worrying about sending your little one to preschool, the next you’re sending them off to college. That’s why it’s important to invest in an RESP now.
Start saving today with a giraffe & friends' no-fee, worry-free and 100% guaranteed RESP. giraffe & friends helps you sleep easy with guaranteed growth, easy-to understand language, and the powerful boost of government grants.
Visit the ‘How To Plan For Your Kid's Future’ page and learn the best ways for parents to save money, when you should start saving, and more.