Why you should invest at least $42 per month in your child’s RESP

Views: 371 Saving for a child’s education is a crucial step in ensuring they have a successful future. However, the rising costs of post-secondary education in Canada can make it challenging for families to save enough money to cover tuition, textbooks, and other related expenses. Therefore it is crucial to maximize the help you can get from the government. In this article, I discuss how investing $42 per month in a Registered Education Savings Plan (RESP) can maximize the government’s Canada Education Savings Grant (CESG) and other grants available, as well as the benefits of saving for a child’s post-secondary …

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