We all know that children are expensive, in fact the average post secondary education costs $96,000. What if I told you that the government of Canada gives away free money that can be used towards your child's education? There are a number of benefits associated with opening a RESP, listen to this episode for a brief introduction. Today, I discuss:
- The benefits of a RESP
- How to open a RESP
- How to apply for government grants ($7200+$2000)
- Flexible options associated with a RESP
- Investing within a RESP (this is soo important!)
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