Back to School Brand Partnerships Kids Zone Parenting and Family Playing on You Tube

Plan your Child’s Someday Today #RESPwithRBC

Start your RESP with RBC Today!

My son goes back to school after this long weekend. He will be in Grade 1.  

It is incredible to see my baby all grown up! Feels like it was just yesterday I was holding him in my arms for the very first time. Years went by too quick and here we are, my son and I, on his first day in Grade 1.  

He has helped me do all the back to school shopping to prepare for the big day! He keeps talking about meeting up with his friends whom he missed dearly during the summer vacation.  His excitement is truly contagious and we all are quite proud of this great milestone of our life… 

Start your RESP with RBC Today!

I dream about my kids’ future everyday. I know some day, they both will have a life of their own. They will go to university, find a job of their choosing and be successful in whatever they do. As parents, it is our responsibility to make sure our kids have all the resources they need. We strive to make it available to them- be it financial or emotional support.  

                                                                            Image Courtesy: RBC

We have RESP set up on their names and I know that the funds will be available to my children when the time comes. 

What is RESP? 

The Registered Education Savings Plan (RESP) is a tax-sheltered plan that can help you save for a child’s post-secondary education. With the high cost of education, many parents, grandparents and other family and friends are recognizing the need to save well before the expenses become a reality. An RESP combines flexibility, tax-deferred investment growth and direct government assistance to help you reach your education savings goals for your children.

Knowing the importance of RESP, you may wonder how to set up one

An RESP can be set up for any “beneficiary,” including your children, grandchildren, nieces, nephews or family friends. The “subscriber” to the plan is the person who opens the plan and makes contributions to it. The subscriber also designates the beneficiaries who are to use the funds for their post-secondary education.


I personally prefer RBC RESP program and here are the reasons why:

Lots of Investment options 

You can choose to invest your RESP in a basic savings deposit, GIC’s or mutual funds, whichever way you want.


RBC RESP is flexible in the way that if you need to change beneficiaries or your child wants to travel before starting his or her post-secondary education, that’s not a problem. All you need to do is to talk to an RBC advisor. 

RESP Gift Cheques

I LOVE this feature! An RBC RESP Gift Cheque  can be used to invest in a child’s future. RESP Gift Cheques can be deposited into new or existing RBC RESP accounts. It is like giving a gift of knowledge…

[bctt tweet=”Plan your Child’s Someday Today #RESPwithRBC”]


With an RESP-Matic, you contribute to your RESP regularly and automatically. It’s one less thing to worry about for our fast paced life.

Save for a child's education the easy way with an RESP-Matic®

                                                                                                                        Image Courtesy: RBC

As you see, there are many benefits to opening up an RBC RESP account. Make your money work for you by setting up an RESP for your kids. Start with small contributions and increase them in time as your kids grow up. And as I said before, the RBC RESP-Matic will really help your savings add up!A small contribution of only $25/week can add up to $50,911 in 18 years! 

Want to know more about RBC’s RESP? Join us for a Twitter party on September 17th at 9 PM ET. Along with learning more about RBC RESP, you also stand a chance to win one of 6 $150 Visa Giftcards! All you have to do is show up at 9 PM and follow along the hashtag #RESPwithRBC. That’s it! Sweet deal, right? 

Planning your children’s future doesn’t need to be overwhelming. With the right knowledge and access to resources, you can make your child’s “Someday” brighter than ever before. They will thank you for it…someday!


****This post is written in partnership with RBC and Influence Central Canada.All opinions are 100% my own****




Get a FREE Self-Care Planner when you subscribe!

Your email will never be shared!

You have Successfully Subscribed!

You Might Also Like


  • Reply
    All about back to school preparation
    4 September, 2015 at 9:59 pm

    […] a days, web is flooded with back to school posts. Kids will be back to school in about 2 weeks.I can’t believe how fast this summer vacation is going by! Isn’t it […]

  • Reply
    Start Saving for your Kids' future with RESP
    30 September, 2015 at 7:10 am

    […] of weeks ago, I wrote about the importance of setting up RESP early on for kids to make their college, university or trade school a reality. With the rising […]

  • Reply
    Shaping Our Kids’ Future with Ontario Catholic School Teachers - MomLess Mom
    11 November, 2017 at 9:18 am

    […] teaching. They don’t take it lightly to take on the role as a teacher, as they know they help shape tomorrows future in the children that step foot into their classroom. It is their mission to help children grow and […]

  • Reply
    Celebrate Financial Literacy Month with SmartSAVER
    26 March, 2018 at 7:58 pm

    […] for yourself and your family financially is important to you, yes?  Investing in your children’s future is a sacred duty as a Parent. Financial Literacy is a way to gain understanding and skill set to […]

  • Leave a Reply

    CommentLuv badge

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    TwitCount Button
    %d bloggers like this:

    By continuing to use the site, you agree to the use of cookies. more information

    The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.