1. 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

2. 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
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3. 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)
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4. 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
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