What Do You Want to Be When You Grow Up? Saving For Your Children’s Education

When I was a child, I was never quite sure what I wanted to be when I grew up. Or rather, I always knew what I wanted to be, but my decision changed with each passing week. Back then I was sure, beyond a shadow of a doubt, that I could be absolutely anything I wanted to be. There were just so many choices!

Now that I have children of my own, I see that same conviction in them when they talk about the future. My oldest son Zackary, especially, is just like I used to be. In fact, ever since I told him that his Karate sensei was also a police officer, he’s become enraptured by the idea that he could actually have more than one job! When last discussing his future plans, Zackary told me, “When I grow up, I want to be a fireman, a karate master, a race car driver and an inventor.”

Boy in Lego race car

Since I remember being the same way as a child, I know that it may take my son years to decide what he wants to pursue as a career one day. Even near the end of high school, I still hadn’t decided what I wanted to do for a living. While I hope that my son has a little more direction than I did by the time he graduates, I know that in the end, he’ll have to take the time he needs to make his decision. But there is one thing that I can do to help my son prepare for his future career. By starting an RESP early in my son’s life, I’ll be helping to ensure that when Zackary knows what he wants to do for a living and what education he needs to accomplish his goals, he’ll have the money he needs to pursue his dreams.

Of course, when investing in my son’s future, I want to make sure that I’m choosing a company with the experience and knowledge to help me make the most of my money too. Heritage Education Funds has been helping Canadian families manage their RESP funds for almost 50 years now and the expert financial advisors at the company always have the latest information on how you can maximize the savings for your child. From helping you take advantage of government grants such as the Canada Learning Bond and the Canada Education Savings Grant to making wise investment choices about the money for your child’s education, it just makes sense to choose a company that has so much experience with helping children achieve their career goals!

I love listening to my son’s dreams for the future and I know that eventually he’s going to find his true passion in life and make it his career. When that day comes, his RESP is going to be there to help him pay for the education he’ll need, whether he’s decided to study a trade or start medical school. It may seem like there’s plenty of time to plan for your child’s future, especially when they’re so young. But I know that the time will fly by and before I know it, I’ll be watching my son accept his high school diploma. If you have young children, talk to Heritage Education Funds about starting an RESP now. You’ll be glad you did when the time comes for your children to pursue those career goals!

mommy kat and kids rp2

38 thoughts on “What Do You Want to Be When You Grow Up? Saving For Your Children’s Education”

  1. Putting money into a RESP was one of the first thing we did once we got home with the baby. It’s so important to have money saved up for their education!

  2. We set up the education fund to take advantage of the government contribution. Some years it is very difficult to make the payments for our sons but we have managed. Given how high the cost of schooling is now this will not pay for everything but it will certainly help.

  3. I have no children and am beyond childbearing so it’s something I don’t have to worry about this. Sorry to those who do I know it is a hard thing for parents to do

  4. I dont have children myself but I remember when I was young it was up to me to put myself through university. I had to work to pay for university and it was the same for my brother. Well it would have been nice to have had the help from our parents if we wanted something we had to earn the money ourselves. Perhaps that was a good thing in the long run.

  5. I disagree I think children value what they have to work for. That doesn’t mean I won’t help my kids, but neither will I give them all o their education.

  6. My parents never got an RESP for me and my siblings….but I will definitely be getting it for my kids.

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