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#Resp Reel by @theinvestingmama - This is my 4-year-old's RESP. I've contributed $2,500 a year since he was born, captured the government grant, and let the money stay invested. The l
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@theinvestingmama
This is my 4-year-old’s RESP. I’ve contributed $2,500 a year since he was born, captured the government grant, and let the money stay invested. The long-term goal is to grow this to $125,000 by the time he’s ready for post-secondary — by starting early and staying consistent. This is why understanding how RESPs actually work matters for Canadian families 🇨🇦 I’ll be sharing more about how RESPs work and how to make the most of them!
#Resp Reel by @wealth.navpreet (verified account) - Parents are saving the SAME $200/month… But one child gets $40,800 and the other gets ~$94,000. 🇨🇦That's the power of the RESP.🇨🇦 ✔ Up to $7,200
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@wealth.navpreet
Parents are saving the SAME $200/month… But one child gets $40,800 and the other gets ~$94,000. 🇨🇦That’s the power of the RESP.🇨🇦 ✔ Up to $7,200 FREE from the government ✔ Tax-sheltered growth ✔ Compounding for 17 years ✔ Bigger education fund, less student debt Most parents have no idea they’re leaving tens of thousands on the table. If you want your child to start life with opportunity instead of debt, RESP is one of the easiest tools to use. ✅DM me “RESP” and I’ll walk you through how to set this up the right way — step by step.✅ No pressure. Just clear guidance. This illustration is for example purposes only. Actual returns will vary based on your investment platform, fund selection, and market performance. #financialliteracy #wealthbuilding #governmentgrants
#Resp Reel by @dabra_paras (verified account) - How the hell do you get your money OUT?!!🇨🇦 With the December deadline coming in close, I wanted to re-share some previously enjoyed RESP content.
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@dabra_paras
How the hell do you get your money OUT?!!🇨🇦 With the December deadline coming in close, I wanted to re-share some previously enjoyed RESP content. Follow @dabra_paras for more 🥂 #FinancialAdvisor #FinancialAdvice #FinancialEducation #FinancialLiteracy #RESP
#Resp Reel by @moirarosefinancials (verified account) - BIG KIDS and The RESP! There are a lot of things that can trip you up when it's time to withdraw the money from your RESP. 90% of the battle is unders
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@moirarosefinancials
BIG KIDS and The RESP! There are a lot of things that can trip you up when it’s time to withdraw the money from your RESP. 90% of the battle is understanding them beforehand so you don’t walk into a mess. Hit my link in the bio to join me for my RESP workshop next Monday!
#Resp Reel by @calmmoneycoach (verified account) - In this video, I walk you through a complete RESP tax planning calculator that shows exactly how $100/month can create a $124,000 lifetime wealth adva
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CA
@calmmoneycoach
In this video, I walk you through a complete RESP tax planning calculator that shows exactly how $100/month can create a $124,000 lifetime wealth advantage for your child. 📊 FREE SPREADSHEET DOWNLOAD: Key metrics from the calculator: • $100/month contribution × 18 years = $21,600 invested • Government CESG grants add $4,320 (free money!) • Tax-free growth adds $26,466 • Total RESP value at age 18: $52,386 • 15-year wealth advantage: $124,409 The calculator includes 6 tabs: 1. Assumptions (customize for your situation) 2. RESP Growth (year-by-year projection) 3. Student Withdrawals (tax advantage analysis) 4. RESP vs Debt comparison (the eye-opener) 5. Capital Gains tracker (bonus tool) 6. Dashboard (one-page summary) 📊 Download the free calculator: calmmoneycoach.kit.com/respcalc #RESP #PersonalFinance #TaxStrategy #WealthBuilding #CanadianMoney #FinancialPlanning #CESG #Education
#Resp Reel by @jacquelinefinancialadvisor - The smartest RESP strategy gives you flexibility, protection, and peace of mind. But most people don't even know it exists. Scholarship plans? They'
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@jacquelinefinancialadvisor
The smartest RESP strategy gives you flexibility, protection, and peace of mind. But most people don’t even know it exists. Scholarship plans? They’re full of restrictions. High fees, strict schedules, and limits on which schools your child can attend. If you want more control, a family RESP lets you pool funds for multiple kids, adjust contributions, and invest on your own terms. And the best part? You can avoid thousands in taxes just by timing your withdrawals right, and making a few smart choices today. I walk through the entire RESP strategy on YouTube video. 🎥 Watch now: DO THIS to Maximize Your RESP and Avoid Costly Tax Traps 🔗 Link in bio #withdrawal #resp #education #market #finance #financialadvisor #financialeducation #financialmanagement #investments #investing #investingadvice #investmenttips #investmentplanning #market #marketvolatility #mississauga #personalfinance #toronto #vlog
#Resp Reel by @traviskoivula (verified account) - 🤔 Why should you(or your kids) set up an RESP (Registered Education Savings Plan) even if you don't plan on contributing? 🇨🇦 The federal governmen
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@traviskoivula
🤔 Why should you(or your kids) set up an RESP (Registered Education Savings Plan) even if you don’t plan on contributing? 🇨🇦 The federal government offers grants for low-income Canadians(defined as under $57,375 per year) for having an RESP. There is a $500 learning bond for opening the RESP, and an additional $100 each year the plan is open (until they turn 15). This could mean up to $2,000 per child in free money. 😃 In BC, all children are eligible for a $1,200 training grant. The catch is that you have to apply (it doesn’t come automatically) between the day they turn 6 and the day before they turn 9. 👵 Grandparents love contributing to RESPs. There is often a sense of wanting to help their grandkids, but they are unsure of how to do so. Let them know you have one set up and that any help would be greatly appreciated. 🎂 Money from birthdays, Christmas, chores, part-time work or returning bottles can all be put into the RESP and receive the standard 20% grant from the government. I advocate not letting a child spend all the money they receive and forcing them to save some of it. #RESP #Education #grandkids #grandchild #university
#Resp Reel by @mkfinancials.ca (verified account) - More details 👇🏼 Most parents open an RESP, contribute regularly, and assume they're doing the right thing. But here's what they don't realize… 💡
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MK
@mkfinancials.ca
More details 👇🏼 Most parents open an RESP, contribute regularly, and assume they’re doing the right thing. But here’s what they don’t realize… 💡 The difference between a 4% return and a 7% return over 18 years is massive. We’re talking tens of thousands of dollars in missed growth — all for the same contribution! I just ran the numbers in this video to show how a well-managed RESP can make a real difference in your child’s education fund. ✅ Same contribution ✅ Same government grant 🚨 Completely different outcome If you’re not sure what your RESP is earning right now — or who’s managing it — it might be time to take a second look. 👀 Ask yourself: ➤ Is my advisor helping me grow this efficiently? ➤ Do I know how much I’ve earned? ➤ Am I settling for less than I could? 📩 Comment “REVIEW” and I’ll take a quick look for you — no pressure, no pitch. Just clarity. These are the small details I take care of when working with families — so your child gets the most, not the government. #parenting #parents #canada🇨🇦
#Resp Reel by @iravneet - Parents, Be Aware of these kind of RESP's. Make sure we get the most out of our hard-earned money. For Free Review - Your RESP's - COMMENT "RESP" #
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@iravneet
Parents, Be Aware of these kind of RESP’s. Make sure we get the most out of our hard-earned money. For Free Review - Your RESP’s - COMMENT “RESP” #awareness #financialfreedom #financialliteracy #RESP #kidsfuture #plan #future #🇨🇦 #free #review
#Resp Reel by @jivenbrar_official - Most parents don't realize this until it's too late. If your child has a valid SIN in Canada, the government can contribute up to $9,200 toward their
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JI
@jivenbrar_official
Most parents don’t realize this until it’s too late. If your child has a valid SIN in Canada, the government can contribute up to $9,200 toward their education through an RESP. Here’s how it works 👇 • CESG → 20% government grant on your contributions • CLB → Additional benefit for eligible low-income families ⚠️ Miss the deadline = lose time + growth RESP is not about investing skills. It’s about not leaving free money behind. 👉 Read this again. Then act. Follow for simple money moves parents can’t afford to ignore. #RESP #CESG #CLB #CanadianParents #ParentMoney
#Resp Reel by @mahmoud_elboghdadi (verified account) - حقيقى كان حيفرق معاي جدا لو عرفت الحاجات دى من بدرى لو انت مهاجر جديد او لسه واصل كندا 🇨🇦 اتأكد انك تعمل ال ٣ حاجات دى أولهم طبعا هو حسابات الاستث
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@mahmoud_elboghdadi
حقيقى كان حيفرق معاي جدا لو عرفت الحاجات دى من بدرى لو انت مهاجر جديد او لسه واصل كندا 🇨🇦 اتأكد انك تعمل ال ٣ حاجات دى أولهم طبعا هو حسابات الاستثمار 1-TFSA 2-FHSA 3-RESP لو معاك عيله وأطفال حتى لو سنهم كبير بردو قدم على ال child benefits واخر حاجه لو عاوز تطور من نفسك او تتعلم حاجه جديده بحيث تفيدك تطور من نفسك ال OSAP هو كنز حقيقى
#Resp Reel by @wallacewang.ca (verified account) - Most parents think opening an RESP is 'enough,' but without an exit strategy, you're just building a tax bill for your kids. #RESP #CRA #taxtips #Cana
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WA
@wallacewang.ca
Most parents think opening an RESP is 'enough,' but without an exit strategy, you're just building a tax bill for your kids. #RESP #CRA #taxtips #CanadaFinance #FinancialFreedom #financialeducation

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