1-Year-Old Girl Creates $30,000 Education Savings Plan
Kids are Getting Smarter all the Time
One-year-old Anna is a smart little girl. She was concerned that her parents wouldn't be able to afford to send her to college or university when the time came, so she did a little research and found a solution. After making some calculations and checking out a few government grants, Anna discovered that her parents could actually save up to $30,000 in an RESP account by the time she graduated high school!
$30,000? Really?!
Since the Federal Government is increasing the Universal Child Care Benefit by $60 a month, Anna figured out that her parents could deposit their newly found $60/month into an RESP savings plan and apply for the appropriate federal and provincial grants through First Foundation Financial. According to her calculations, Anna would have at least $30,000 to put towards her post-secondary education by the time she graduates from high school, a tidy sum for a smart girl with a future in finance.
Don't miss the free money available through the Alberta ACES grant - $500 per child born after 2005 - which ends July 31st, 2015! ACES Grant - Free Money
Now obviously Anna is not real, but First Foundation Financial is, so get in touch with us today – we're here to help you reach your financial goals.
Open an RESP account with First Foundation today and enter to win a $500 bonus deposit!
Born and raised in Alberta, Tyler is married to Tammy and they have two daughters, Megan & Hallie. When you ask him what takes up most of his time... he…