The RESP Book: The Simple Guide to Registered Education Savings Plans for Canadians Paperback – Aug. 25 2010
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- ISBN-10 : 0986648906
- Item Weight : 236 g
- ISBN-13 : 978-0986648908
- Paperback : 154 pages
- Publisher : Money Smarts Publishing (Aug. 25 2010)
- Dimensions : 15.24 x 0.91 x 22.86 cm
- Language: : English
- Best Sellers Rank: #128,854 in Books (See Top 100 in Books)
- Customer Reviews:
About the Author
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.
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Edit March 17th: I started reading this book for a second time and picked up a few things I had missed the first time so this book is still very handy and useful. For Example, my older child who was born Apr 2009, I only started contributing in 2010 so I actually have a full year worth that I could invest, if I wanted to maximize the $500 grant I could put in $2500 now (which I intend to do) to get that free $500 money from Government grant. Its really not too complicated to open the account and invest yourself trough your bank (and makes way more sense then investing trough a group because of all the added restrictions). This is one of those books where you need to hold on to for references later. Well worth the price and even though it was printed in 2011, its still relevant as of today.
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If you are planning on starting an RESP I suggest you read this book. Or at a minimum, read the author's website. It will ease any apprehension you may have about investing for your children's education.
PS... this book applies to Canadian residents!!