Have you opened a Registered Education Savings Plan (RESP) for your child? Are you considering opening one? It’s never too early!
Join Heritage Education Funds from November 21-25 during Education Savings Week as they help bring awareness to Canadian families about the importance of education savings. During Education Savings Week, you’ll learn that Heritage RESPs are flexible. You can change your contribution schedule, pause your contribution or modify your unit count at any time.
You’ll also learn how your child may be eligible to receive up to $7,200 of Canada Education Savings Grant (CESG), provided they qualify. Heritage also allows you to transfer contributions from one child to another within the family or even choose another beneficiary if needed.
If you’re interested in learning more about Heritage RESPs be sure to join them during Education Savings Week and on Twitter for their Twitter party on Thursday, Nov. 24 at 8-9pm EST using hashtag #SavingWithHeritage. There will be over $700 in prizes, don’t miss it!
I opened RESPs for both of our boys from very early on, and I’m happy to see their savings grow every month. I like being prepared and knowing that we don’t have to worry about being able to afford to pay for their education in the future.
Disclosure: This is a partnered post with Heritage. A product sample and/or compensation has been received for this review and all opinions and views on this post are 100% my own.
7 Comments on “Learn More About The Importance of Education Savings!”
I’ll be joining the party! Thank you for sharing details.
Always love learning saving tips. Can’t wait to join the twitter party!
Definitely good information to know! I’m very lucky to be a fourth year university student, but many of my friends are unable to go to school due to little to no savings. People don’t realize how early you have to start!
This is so important and really crucial to start early. If you make a small regular contribution, you don’t notice it as much.
yes, it’s extremely important to start early and organize the savings for education. because there can be a lot of situations when you need more money that you’ve thought. for example, tutor or online writer providing academic help
What a post!
As a parent I can not stress enough how important it is to plan for your child education. I attended the heritage education savings week and gained valuable insights into the flexibility of heritage RESPs.
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