Ep. 14: How to Help Your Kids Graduate Without Mountains of Debt

Would you like a FREE one-on-one financial health checkup? Visit https://investwithvision.caWant to get on our mailing list to be notified of new episodes? Sign up on our website: https://retireinbc.ca/ In this episode of The Retire in BC Podcast, Ben and Arnold break down Registered Education Savings Plans (RESPs) — how they work, how to maximize government grants, and the biggest mistakes families make when saving for post-secondary.They also share a real family story: how a 50/50 cost-sharing approach taught financial responsibility (and changed the way textbooks were bought).Whether you’re saving for a newborn, a teenager, or future grandkids, this episode shows you:• How to get up to $7,200 per child in government grants• Why starting early makes a massive difference• Individual vs Family RESPs (and which is better)• Catch-up rules and hidden flexibility• Key changes that made RESPs MUCH better after 1998Simple. Practical. Powerful.🎧 Perfect for parents, grandparents, and anyone who wants to help the next generation get a head start. Hosted on Acast. See acast.com/privacy for more information.