ECD Newsletter
4
In this Issue Raising Financial Literate Children, Starting the Conversation Importance of RESPs Saving for your Child’s Education Save the Date February 1, 2014 Webinar: Importance of RESPs February 15, 2014 Meet and Greet Raising Financial Literate Children, Starting the Conversation Kids are curious. They spend a lot of time just trying to figure out how the world works. If they’re old enough to ask questions about money, then they’re old enough to deserve a good answer. You don’t have to schedule a family conference to have great conversation with your kid about money. The opportunity will present itself countless times in your everyday life. The trick is to recognize those “teachable moments” and to take advantage of them. read more Importance of RESPs February 1 at 11:30am EST/9:30am MST/8:30am PST The webinar will focus on the importance of RESPs and using RESP's as a primary vehicle to save for higher education. read more Saving for your Child’s Education As tuition costs rise, it is imperative to start planning on how to save for your children's education now. It is never too early to start planning and saving for your child’s education. Currently, a post-secondary education in Canada costs approximately $10,000 per year, depending on whether a child lives at home or on campus while attending university. read more
-
Upload
shaheen-hirji -
Category
Documents
-
view
218 -
download
4
Transcript of ECD Newsletter
In this Issue
Raising Financial Literate Children, Starting the Conversation
Importance of RESPs
Saving for your Child’s Education
Save the Date
February 1, 2014 Webinar: Importance of RESPs
February 15, 2014 Meet and Greet
Raising Financial Literate Children, Starting the Conversation Kids are curious. They spend a lot of time just trying to figure out how the world works. If they’re old enough to ask questions about money, then they’re old enough to deserve a good answer. You don’t have to schedule a family conference to have great conversation with your kid about money. The opportunity will present itself countless times in your everyday life. The trick is to recognize those “teachable moments” and to take advantage of them. read more
Importance of RESPs
February 1 at 11:30am EST/9:30am MST/8:30am PST The webinar will focus on the importance of RESPs and using RESP's as a primary vehicle to save for higher education. read more
Saving for your Child’s Education
As tuition costs rise, it is imperative to start planning on how to save for your children's education now. It is never too early to start planning and saving for your child’s education. Currently, a post-secondary education in Canada costs approximately $10,000 per year, depending on whether a child lives at home or on campus while attending university. read more
Raising Financial Literate Children, Starting the Conversation Kids are curious. They spend a lot of time just trying to figure out how the world works. If they’re old enough to ask questions about money, then they’re old enough to deserve a good answer. You don’t have to schedule a family conference to have great conversation with your kid about money. The opportunity will present itself countless times in your everyday life. The trick is to recognize those “teachable moments” and to take advantage of them. Teaching kids about money can be fun for them and for you. Capitalize on this fun factor when you talk to your kid about money – education can have a big element of entertainment at this age. We encourage all parents of young children to use the resources provided to engage their kids in interactive and easy ways to learn the value of money. Check out our website for more information and resources: http://educationboard.ca/ecd/resources/financial-literacy.html
top
Saving for your Child’s Education
As tuition costs rise, it is imperative to start planning on how to save for your children's education now. It is never too early to start planning and saving for your child’s education.
Currently, a post-secondary education in Canada costs approximately $10,000 per year, depending on whether a child lives at home or on campus while attending university. Costs such as tuition, books, transportation fees, living expenses, etc. must all be taken into account when thinking about a university education. The cost of post-secondary education continues to rise and the amount teenagers can earn from summer jobs can only contribute in a small way towards these fees. Learn about the various saving option available including RESP and the Tax Free Savings Account.
Click here for more info (http://educationboard.ca/ecd/resources/saving.html)
top
Importance of RESPs
February 1 at 11:30am EST/9:30am MST/8:30am PST The webinar will focus on the importance of RESPs and using RESP's as a primary vehicle to save for higher education.
Chris Fernandes (link to bio on the website), who is an experienced Financial Advisor at Assante Wealth Management, will also talk about the importance of saving and how compound interest and the rate of inflation would effect your savings and the cost of a university education. Areas of discussion will include: - the importance of starting early - how compound interest and inflation could affect both your savings - the real cost of a post-secondary education - and government programs that can provide FREE MONEY to families setting up an RESP
For more information and to register visit the website: http://educationboard.ca/ecd/calendar/162/112-Webinar-on-Financial-Literacy.html
top
