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  #1  
July 6th, 2006, 07:55 PM
_Brandy_'s Avatar Platinum Supermommy
Join Date: Dec 2004
Location: Fort McMurray, AB, Canada
Posts: 13,240
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Who has RESP accounts set up for their children?
If so, with who?
If not, are you planning to?
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  #2  
July 6th, 2006, 08:03 PM
~*kath*~'s Avatar Platinum Supermommy
Join Date: Jan 2005
Location: Ontario, Canada
Posts: 12,817
I have one set up for Brody,, its through Canadian Scholarship Trust Plan.
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  #3  
July 7th, 2006, 07:25 AM
_Brandy_'s Avatar Platinum Supermommy
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Location: Fort McMurray, AB, Canada
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I have one for each child. Sydney is with Children's Education Funds Inc and the other 3 are with USC, however, I am about to open them one with CEFI (like Sydney), I am just not happy with the service I am getting with USC.
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  #4  
July 12th, 2006, 01:40 PM
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Join Date: Nov 2004
Posts: 8,287
I am going to set one up for Julia, but only because of the $500 involved (as part of part of AB centennial). I don't have them for my other children, we looked into it a few years back and there were just too many strings attached for my liking. We decided to just go with regular savings instead of the RESP.
I am interested to know why you like the CEFI one better than the USC?
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  #5  
July 12th, 2006, 06:18 PM
chlodoll
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We dont plan on getting any RESP's. We have mopney in other savings and investments that will go to schooling later.
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  #6  
July 12th, 2006, 07:12 PM
_Brandy_'s Avatar Platinum Supermommy
Join Date: Dec 2004
Location: Fort McMurray, AB, Canada
Posts: 13,240
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Well, I am now re-thinking again.

I do get RESPs because the gov't will add money to it and if there is free money, my thought always was, "why not?"

I am no longer going to go with any of the "scholorship" companies, I am going to go thru the company that sells me life assurance and does my investments and taxes. I am learning all about the shadier side of the RESP reps.
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