Breakfast Television host receives RESP lesson from CST

Show of hands, who likes talking about their finances at 6:30 in the morning? What if we gave you a double shot of espresso?

BT host Frank Ferragine, and father to a 16 year old, received a quick tutorial (VIEW VIDEO HERE) on all things education savings from CST including:

  • how much he'll have to spend on tuition fees in the future
  • the tax benefits from having an RESP
  • matching government grants and how to maximize the money he'll receive
  • how much he should be saving for his child
  • what happens if his child decides not to go to school

Despite the early financial lesson, I'd say our host looked relatively comfortable and happy.