Help your Child Graduate Debt-Free
Did you know the average Canadian university graduate is leaving school with a debt load of almost $27,000? That amount of debt can cause not only financial stress, but it could also delay key milestones for children such as getting married, having children or even buying property. It is easy to see why parents wants to help their children avoid starting their life with loads of debt that could take them years to repay.
Regardless of which way you choose to get started on saving for education, the fi rst and most simple rule is to get started as soon as possible, in order to take maximum advantage of the available education grants and bonds as well as the benefits of compound growth. Talk to us about RESPs and other savings programs to help your children be debt-free when they graduate.