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The RESP Book - The Simple Guide to Registered Education Savings Plans for Canadians
 
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The RESP Book - The Simple Guide to Registered Education Savings Plans for Canadians [Kindle Edition]

Mike Holman
4.9 out of 5 stars  See all reviews (15 customer reviews)

Print List Price: CDN$ 17.92
Kindle Price: CDN$ 9.99 includes free international wireless delivery via Amazon Whispernet
You Save: CDN$ 7.93 (44%)

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Kindle Edition CDN $9.99  
Paperback CDN $16.36  

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Product Description

Product Description

Set up your child's RESP the quick and easy way with this short, easy to read RESP guide.

Testimonials:

"It’s About Time. Mike Holman of the MoneySmarts blog has filled one of the very few remaining holes in the Canadian personal finance bookshelf with a new book on registered retirement education plans." ~ Rob Carrick, Globe and Mail

"Personal finance writer and author Mike Holman clearly explains all the ins and outs of RESPs in his book." ~ Michael James, Finance blogger

"It’s like a breath of fresh air for information starved people looking for an RESP. It took me about 2 hours to read (I read at the speed of light) and had all the information it took me 6 months to learn. Every single thing you need to know about RESP’s is in there, written in an easy to understand manner, instead of in 9pt type by a lawyer." ~ Rachelle Berube - Real Estate blogger

Topics covered in this book include:

- How to set up an RESP account
- RESP contribution rules with examples
- RESP withdrawal rules and strategies with examples
- How to avoid penalties if child does not attend school
- How to invest inside an RESP

About the Author Mike Holman has worked in the Canadian financial industry for almost two decades.

Mike runs the popular Canadian personal finance website MoneySmartsBlog.com which was nominated by the Globe and Mail as one of the best money blogs in Canada.

About the Author

Mike Holman has worked in the Canadian financial industry for almost two decades.

Mike runs the popular Canadian personal finance website MoneySmartsBlog.com which was nominated by the Globe and Mail as one of the best money blogs in Canada.


Product Details

  • Format: Kindle Edition
  • File Size: 158 KB
  • Print Length: 155 pages
  • Page Numbers Source ISBN: 0986648906
  • Publisher: Money Smarts Publishing; 1 edition (Feb. 2 2012)
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B00757IESG
  • Text-to-Speech: Enabled
  • X-Ray:
  • Average Customer Review: 4.9 out of 5 stars  See all reviews (15 customer reviews)
  • Amazon Bestsellers Rank: #45,414 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

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4.9 out of 5 stars
4.9 out of 5 stars
Most helpful customer reviews
4.0 out of 5 stars Digestible in a four hour plane ride Feb. 19 2014
Format:Paperback
This is about 137 pages, with close to 37 of those pages being blank pages or just chapter headings, and a lot of space wasting throughout. Considering the length of the book, it seems fairly costly.

That said, this book offers tips that could save you thousands of dollars in the long run. Besides covering the basics of why you should (or shouldn't) start an RESP and how to go about opening the account, Holman explains the ins and outs of contributions and grants, and briefly introduces concepts such as the investment time horizon and investor comfort levels. Possibly the best section, Holman also explains how to get the most out of the RESP if the beneficiary does not go to post-secondary.

The book also includes a chapter each for additional programs available to Alberta, Quebec, and low-income families.
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5.0 out of 5 stars Excellent Guide for everything RESP Jan. 26 2014
Format:Paperback|Verified Purchase
If you have RESPs for your family, this book is a must have. It covers everything you need to know. Great section on withdrawing from an RESP that was very useful.
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Format:Paperback|Verified Purchase
This was a very well laid out book and a very easy read.to make it even more useful the author supplied a summary of each chapter.There were very important issues raised that all of us who have these financial instruments need to know and even tho' I had researched the subject I still got valuable info .
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5.0 out of 5 stars Great book! Sept. 7 2013
Format:Paperback|Verified Purchase
Very informative and simple to understand. The author does a great job of make the recommendations easy to follow and understand.
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5.0 out of 5 stars Just buy it!! July 23 2013
Format:Paperback|Verified Purchase
I just finished reading The RESP Book. It takes a complicated matter and simplifies it in a very user-friendly way. I had spent days Googling RESPs and still felt lost. This book clarified everything in 2 hours!!
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5.0 out of 5 stars A must-read for every parent March 24 2013
By Krista
Format:Paperback
This book is an excellent resource for any parent (or any Canadian) opening a RESP for a child or family. Mike does a superb job summarizing the ins & outs of opening, contributing and withdrawing from RESPs, including the tax implications and investment options. I highly recommend this book!
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5.0 out of 5 stars Everything you ever wanted to know about RESP Jan. 3 2013
Format:Paperback|Verified Purchase
If you have kids or plan on having some in the near future I highly recommend you read this book. You will understand exactly how the RESP works and be able to fully take advantage of it. The book is easy to read and understand. The price of the book is worth it for sure.
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5.0 out of 5 stars the resp book Nov. 25 2012
By valx
Format:Paperback|Verified Purchase
if you have kids and if you want to know anything about RESP, you have to have this book. very very informative.
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