RESP Explained Part 1 | Tax Free Investing for Your Child's Education | Canadian Tax Guide Chapter 5 скачать в хорошем качестве

RESP Explained Part 1 | Tax Free Investing for Your Child's Education | Canadian Tax Guide Chapter 5

What is an RESP? How can I afford University for my Child? How Do I Invest in my Child’s Education Fund? How do I get Free Money from Government Education Grants? This is Part 1 of my RESP Explained series where I break down all of the basics of the Registered Education Savings Plan for Canadian parents! In this video, I go over the benefits of an RESP and how you can use tax-sheltered investing and Canada Education Savings Grants to fund your child’s post-secondary education. I’ll provide my strategy to maximize this free money from the government and how to invest in your RESP to make the most of its tax-free growth! QUESTRADE REFERRAL 🇨🇦 Use my referral link to get $50 of COMMISSION-FREE Trade Rebates for the first 30 days!👇 https://www.questrade.com/affiliate-o... You can also manually enter my offer code: CANADIANTSHIRT Best SAVINGS ACCOUNT in 2025 - EQ BANK 🏦 Your emergency fund should be in a High Interest Savings Account and the best one in Canada right now is EQ Bank which offers up to 4% interest with no monthly fees and no minimum balance! Use my referral link below to sign up 👇 https://click.linksynergy.com/fs-bin/... RESP Example Excel Link: 📈 Example I used to illustrate how you can save over $85,000 in your child’s RESP by the time they’re ready for college! https://bit.ly/30oV90w CANADIAN TAX GUIDE: 🇨🇦 Watch my videos to learn the basics of Canadian Taxes and Tax-Sheltered Accounts like the TFSA, RRSP and RESP    • Canadian TAX Guide   BLOSSOM SOCIAL 🌸🇨🇦 Follow me on Blossom to see my Portfolio & Trades for FREE 👇 https://blossomsocialapp.page.link/ca... LOYALTY MEMBERSHIP ✨ Click the JOIN button or the link below to gain access to my exclusive content! 👇    / canadianinatshirt   Thank you guys for supporting my channel, you’re the best! 🙏 SKIP AHEAD ⏩ -Intro: 0:00 -RESP Basics: 1:13 -Benefits: 1:52 -Tax Sheltered: 2:13 -Cost of University: 3:05 -RESP Rules: 3:45 -Government Grants: 5:31 -Unused Grants: 6:21 -Lower Income Programs: 7:33 -Maximize Grant Money: 9:06 -How Much Money to Expect? 11:10 -Steps to Take: 12:31 -TFSA vs RRSP vs RESP: 14:05 -Investing in RESP: 15:06 -US Withholding Tax: 16:27 -Summary: 17:23 WATCH NEXT ▶️ -How Taxes Work in Canada -    • HOW TAXES WORK IN CANADA | REDUCE YOU...   -Best Canadian Stocks During Crash -    • Видео   -How to Buy Stocks on Questrade -    • How to Buy Stocks? QUESTRADE Tutorial...   -What is a DRIP? Compounding Dividends -    • What is a DRIP? Investing with Compou...   -Top 3 Dividend Stocks in Canada -    • TOP 3 BEST DIVIDEND STOCKS IN CANADA ...   -Best Canadian Dividend ETFs -    • BEST CANADIAN ETFs FOR DIVIDENDS | TF...   -TFSA Explained Investing Tax Free -    • TFSA Explained | Investing Tax Free |...   -RRSP Explained Part 1 -    • RRSP Explained Part 1 | Tax Deduction...   -4 Steps to Become Wealthy -    • 4 Steps to Become Wealthy | Long Term...   Be sure to subscribe to my channel for more videos on investing, Canadian taxes, personal finance and money saving strategies. I’ll be posting a video every Thursday =) FOLLOW ME HERE 👋 FACEBOOK:   / canadiantshirt   INSTAGRAM:   / canadiantshirt   TWITTER:   / canadianshirt   FINANCIAL EDUCATION BOOKS 📚 -Wealthy Barber Returns - https://amzn.to/2MJ9cIe -How to Adult Money Canada Version - https://amzn.to/2F717ZT -Beat the Bank: Canadian Guide - https://amzn.to/37uqe54 -101 Tax Secrets for Canadians - https://amzn.to/2RrIuGS -Millionaire Next Door - https://amzn.to/35ap253 -Intelligent Investor - https://amzn.to/3qoI5nV CAMERA GEAR 📸 -4K Camera - https://amzn.to/3aSHWEg -HD Camera - https://amzn.to/3puBZkT -Tripod - https://amzn.to/2Qf2Lid -LED Ring Light - https://amzn.to/2MKLDyC -Microphone - https://amzn.to/3aRdXMN DISCLAIMER: I am NOT your financial advisor! My videos and the topics discussed are my opinions and are presented for entertainment purposes only. This information should not be construed as legal or financial advice. It is always up to YOU to do your own due diligence. It’s YOUR money so make YOUR own decisions! I will NEVER ask you to send me money nor will I ever provide my phone number or personal email address. If you see this, that is a fake account and please report any suspicious activity or scam accounts claiming to be me. DISCLAIMER: Links included in this description may contain affiliate links. I will only ever suggest services or products that I use myself and I personally believe in. If you sign up using my affiliate link, I will receive a small referral bonus at no extra cost to you! Thank you for supporting The Canadian in a T-Shirt! =) #CanadianTaxes #RESP #CanadianFinance #TaxFreeCanada #TaxFreeInvesting #CanadianInvesting #CESG #CanadianTaxGuide #CRA