It starts with a personalized approach to
educating young families about the ben-
efits of saving early with an RESP. Yeto
Balian has worked with Knowledge First
Financial as an independent sales repre-
sentative for over 20 years, and is now a
Branch Director. With two of his own chil-
dren in university, Balian understands the
value of RESPs personally.
“There are three major financial commit-
ments for most Canadians: mortgages,
post—secondary education, and retire-
ment,” says Balian. “Unless you are pre-
pared and start preparing at a young age,
post—secondary education can be a huge
financial burden for the student and the
parent. The times of working part—time
and paying for your education are almost
gone, because education is very expen-
sive—for most families, being able to pay
for the entire cost of post—secondary is
difficult.”
Balian says there are major advantages to
starting an RESP as early as possible. “If
you start saving when your child is born,
you have a longer timeframe to benefit
from government grants and compound
growth.”
Whether you start your child’s RESP when
they are infants or when your child is a lit-
tle older, as RESP specialists, Knowledge
First Financial is committed to helping cus-
tomers maximize their education savings
DECEMBER 2017
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