Reading is an activity for which no one is born loving. Even more, some people did not have proper exposure to the reading joys throughout their childhoods. For these lasts, the activity may appear today as tedious or an extra work. Although this perception can be a challenge to ameliorate, it is always possible to …
You’ve probably heard it before: the RESP is an investment that pays off! Why? Because it’s the only financial product eligible for generous education savings grants from the government. In Quebec, children are even entitled to grant money from both the federal and provincial government bodies! Based on your family income, these grants could top …
A number of factors influence school success: effort, parent involvement, healthy living, diet, sleep, etc. That being said, according to the Universitas Barometer, an annual survey of Quebecers’ savings habits, the ability to pay for school-related expenses is one of the most common challenges reported by parents and students when it comes to the pursuit …
Survey Findings Link Education Savings to School Success Read More »
When you think about the holidays, gifts usually spring to mind; and this year, your children’s holiday cards might include a few dollar bills in spending money. Depending on how old they are, their reaction may vary: while the younger ones might not quite grasp the actual worth of these pieces of paper, older kids …
As parents, we always want what’s best for our children. From an early age, we size up their personality and see them paint a self portrait through role-play, whether that of an actor, teacher, doctor, fireman or designer. However, along the road a number of events can create obstacles to their ambitions and dreams, such …
The Cost of Education: A Roadblock to Academic Perseverance? Read More »
According to a survey carried out by education savings expert Universitas Financial, 20% of children aged 6 to 16 years aspire to a job in the field of healthcare and social services when they grow up. Professional occupations (lawyer, teacher, engineer) come second with 13%, while 12% would rather become artists (singer, actor) and another …
It’s common knowledge that the cost of education is constantly on the rise. But what does that represent exactly? Well, while it currently costs approximately $100,000* to complete two years of CEGEP and three years of University in the province of Quebec, projections show that this sum will rise to a little over $138,000* for …
Does Saving in a RESP Really Pay Off? Do the Math and See for Yourself! Read More »
The holiday rush is at our doorstep and time is becoming a precious commodity. To avoid overcrowded malls and get shopping done faster, people are turning to other alternatives, like online shopping or going for gift-cards. The registered education savings plan (RESP) for a child’s future education also makes for a meaningful gift that is …
As parents, we sometimes feel like our kids grew up overnight! If you never got around to setting up that RESP for your child and now realize the probability of a post-secondary education is only a few years away, you may start to ask yourself if you still have time to open an RESP and …
RESPs for Teenagers: The Gold Mine of Unused Grants Read More »
You’ve decided to open a registered education savings plan (RESP) for your child. First off, congratulations! This savings vehicle is specifically designed to accumulate funds for post-secondary education and is the only financial product that allows your beneficiary to receive government grants totalling up to $12,800* per child. But if you want to give your savings an …
The transition from grade school to high school is an important step that brings with it worries and uncertainties in many children. Going from “oldest in the school” to “youngest in the school” can be offsetting and some children are apprehensive in the face of this change. So, how can you prepare them for this, …
5 Tricks to Make the Transition to High School Easier Read More »
Every night it’s the same problem. Is there any way to get your child to do homework without it being overly dramatic? Here are a few efficient tricks that will help reduce the drama! A well deserved break! Upon returning home from school, after a long day of having been sitting and concentrating, it is …