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Coping with financial health in the middle of a crisis

The COVID-19 pandemic is impacting Canadian households, just like the rest of the world. While we’re all trying to stay healthy and safe, many of us have also been impacted financially. In this new reality, even paying for essentials such as groceries, gas and incidentals has become challenging for some. To help Canadians navigate these uncertain times the federal government has announced an $82 billion relief package to help families.

Putting aside money for your child’s Registered Education Savings Plan (RESP) may actually be easier than you may think. With a well thought out plan, putting a little money aside each month can become a part of your everyday routine. If you have grade school kids, you can even turn saving for an RESP into a family project. It’s a great opportunity to start teaching your kids about the value of money!

Start with a few grown-Up “To Dos”
Wondering where and how to start saving? Follow these simple and easy steps to get started on your saving goals.

Kids Holding Sign

A Registered Education Savings Plan (RESP) is a smart tool for education savings. Yet for many, the details about how an RESP works isn’t quite clear, and that has led to some misinformation about this easy way to save towards post-secondary education. How do you fare on your RESP intel: can you tell fact from fake? Read on and see.

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