Start Early to Save for Child’s Future

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Start Early to Save for Childs Future
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Higher Cost of Education

• The higher cost of education in Canada is
  causing many bright students to stop pursuing
  higher education. Many young children face this
  problem across the country, where the parents are
  not prepared to afford the higher education that
  costs a fortune. With smart thinking and right
  decisions, parents can prepare themselves for the
  expenditure.

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Financial Programs and Plans

• For a relief, there are many programs and plans
  available to the parents that offer financial
  assistance. Parents need to choose the right plan
  to save meaningful amount for the future
  expenditure. The Registered Education Saving Plan
  is one such plan available to all the parents who
  are the citizens or the legal residents of Canada.

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Registered Education Saving Plan

• RESP, which is approved by the government,
  offers low-risk investment opportunities to its
  subscribers. If you invest with the right service
  provider, your investment earns great returns and
  on the maturity of the plan, you get significant
  amount to afford any education for your children.

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Heritage Education Plans

• The Heritage Education Funds Inc. offers only
  the RESP plans and is one of the oldest
  organizations in the country. So far they have
  helped over 400,000 families to save money for
  the children's higher education. To create a
  Heritage RESP, you need to provide the Social
  Insurance Number and some documents like the
  birth certificate of your children. Different
  plans are available as per your needs. You can
  include multiple children in one active plan.

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Thank You !