Is a “Child Plan” Better Than a TFSA for My Kid’s Savings?
If you’re like most parents I talk to, you’ve probably had “Open a TFSA for the baby” on your to-do list since the day you got home from the hospital. We’ve been told for years that the Tax-Free Savings Account (TFSA) is the ultimate Canadian gold standard for saving money. But there’s a massive catch […]
How can I save money for my child’s future and give them a head start?
Every Canadian parent has the same goal: Give their child every opportunity in life to succeed, regardless of the economic climate. However, in 2025, the challenge for parents has shifted. With the cost of every day living from groceries to housing rising faster than the rate their incomes can keep up, a staggering 84% of […]
What does Chat GPT think of Child Plan™?
A Child Plan™ is a type of life insurance policy that combines life insurance with a savings component to provide both protection and savings for your child’s future needs. Here are some benefits of a Child Plan™: Flexibility A Child Plan™ offers more flexibility than an RESP in terms of how the money can be […]