In a few weeks, we’ll have a post on our blog that will tell you all about how you can set up an RESP (Registered Education Savings Plan) for your child but in the meantime, we wanted to tell you about an AMAZING opportunity from Playtex and Babies ‘R’ Us.
Playtex and Babies ‘R’ Us are hosting a Bright Futures Start Early contest in which you can enter to win 1 of 2 $2500 contributions towards an RESP! You can also win 1 of 12 $100 Babies ‘R’ Us gift cards plus a Playtex gift basket! This is HUGE! The contest is currently open and runs through to December 31, 2012.
What’s the Big Deal About Saving for Education Now?
According to this education cost calculator, the cost of education is rising at a rate of approximately 3% per year. You can choose the year your child will start post-secondary education to see just how much you can expect to pay for their education at home and abroad. OVM Erin did this for her daughter Willow and she can expect anywhere from $70,000-110,000 for Willow’s post-secondary education. Not a small chunk of change, that’s for sure.
Saving for education is important to do now so that you set yourself, and your child, up to succeed. By being able to send them to whichever school they choose, to study whichever program they want, the’ll be able to pursue a career without the worry of school costs looming overhead.
OVM Erin set up an RESP for her daughter Willow shortly after Willow was born and by saving just a small amount each month, the RESP portfolio already has thousands of dollars in it. It makes a huge difference to start early.
Get More Support as a Canadian Momma
While the contest is super awesome, there is also another Playtex tool that we wanted to share with you. PlaytexMommyville.ca is an online community that features tools, newsletters and events to help Canadian moms navigate through all of the challenges of early motherhood. We’ve ALL been there and we know what it’s like to have lots of questions but no answers. The site combines expert advice, support and tips for women from the prenatal stage through the first few crucial years of motherhood.
On the site you’ll find a range of tools and downloads, such as a baby tracker to monitor patterns in baby’s daily activities, a baby proofing checklist and an immunization chart. You’ll also find a number of articles on hot topics for moms, coupon offers, and an events listing page to help moms find other women in their community.
Check out the PlaytexMommyville.ca community!
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