RESP Explained: Get Free Tuition with Canada’s Education Savings Program | xoreni

Are you concerned about the rising costs of education and wondering how you’re going to pay for it? The RESP or Registered Education Savings Plan is a government-backed program that can help Canadian families save for their children’s post-secondary education expenses.

In this video, I’ll explain how the RESP works, how to open an account and the benefits of contributing to it. I’ll also share some tips on how to maximize your RESP and how you can get the Canadian government to pay up to $7,200 per child towards their education.

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Learn more: https://www.canada.ca/en/services/benefits/education/education-savings/resp.html

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Tags: RESP, Registered Education Savings Plan, Canadian government, education expenses, tuition, education savings program, personal finance, financial advice, money-saving tips, xoreni.

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RESP Explained: Get Free Tuition with Canada’s Education Savings Program | xoreni

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