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“$1200 RESP BC Grant” - Money Monday with Shawna McCrea of Balance Financial
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“$1200 RESP BC Grant” - Money Monday with Shawna McCrea of Balance Financial
Do you have a child or know someone that has a child between the age of 6 and 9?
Families in British Columbia are encouraged to start planning and saving early for their children’s post-secondary education or training programs. To help, the B.C. Government will contribute $1,200 to eligible children through the B.C. Training and Education Savings Grant (BCTESG).
As you know I am a big fan of RESPs. I have talked to too many people that struggle with paying back their student loans - they often carry them for years.
If your child doesn’t go to school that’s okay you can always get the principle back and you can transfer the market gains to your RSP.
I am also an advocate to borrow only for a home and nothing else.
MY CHALLENGE to you is to let people know of this $1200 RESP BC Grant
Wishing you Financial Health | Know your numbers
First phone consultation is COMPLIMENTARY
#InspiringFinancialHealth #FinancialPlanning #CashWealthRiskLegacy
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