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Why I don’t recommend RESPs

I don’t recommend RESPs, self-directed or not.

Why?

Well, one reason of many is that when you cash the RESPs to pay for your children’s education, it reduces their eligibility to loans and bursary programs….

Maintain your independence and keep your options open at all times….

For example:

1. Begin contributing to an insurance policy on behalf of your child…

2. Begin contributing to a non registered investment account in your name…

3. “Borrow to invest” – this strategy will give you the biggest “bang for your buck” after “the insurance policy strategy”…

Click Here to download a free report that I authored on RESPs and your alternatives…

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Mark Huber is a certified financial planner, author, speaker, coach and successful online entrepreneur. Marks philosophy: "The best way to predict your future is to create it...." Marks top requested titles: "The 8 Top Simple Ways To Get More Leads & Sales For Your Business On LinkedIn" "How To Blog To Make Money" "How To Get Rid Of Credit Card Debt Fast" "How To Get Rid Of Your Mortgage And Create Wealth - The UnCanadian Way" Marks mission: "To teach, support and empower people as they transform their lives!"

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