Four more summers.
That’s it! Four more summers of having my oldest daughter at home with us. Four more summers until Miss G will be heading off to university. Four more summers until all the saving up for university comes to an end and the savings will actually be used! It is so hard to believe that the little bundle we brought home from the hospital all those years ago will be off on her own… in just four summers.
We as parents have tried really hard to make sure that heading to university will be financially worry free for her. Did we succeed? Well, only time will tell. Would we have done things differently? Probably. There is still time to add to her RESP and there are ways to make sure her savings still grows. Government incentives and Heritage Education’s new egifting program will both help!
See that $25 birthday gift from great aunt Mildred grow!
Accepting contributions from friends and family is now easier with Heritage Education Funds’ new eGifting program. Heritage uses a secure platform (FundRazr, Canada’s leading crowdfunding platform) that allows anyone to make contributions to your child’s RESP. All you need to do as a Heritage RSEP subscriber is to log into your Subscriber portal and sign up for the program. You’ll be directed to a campaign page where you can customize your campaign. A shareable link can be sent to friends and family and they can then digitally send funds to your child’ RESP directly. I love on line banking so this just makes sense to me. I love that I can easily and securely send my God Daughter some money and know it will be invested in her future.
Another way to help grow your RESP for your child.
Free money?! Count me in! The federal government, and some provincial governments too, have many incentives set up for parents saving for their childs’ education. So many parents don’t know about the incentives. Make sure you ask about all the incentives that may be available to you. Don’t miss out on free money.
How many more summers until your kids head off to university?