There is a common saying in the parenting community: “The days are long, but the years are short.” And if you’re expecting a baby, you’re about to find out just how true that is. The early days can feel never-ending, but all of a sudden, your child is starting school. And then, seemingly overnight, you’re taking “flanking the graduate” pictures at your child’s grade 12 graduation.

So, we have a piece of important advice for new parents: Start saving for your little one’s post-secondary education early. That way, you can spend your time soaking up the baby days instead of worrying about the years ahead.

Here are three good reasons to give your child the gift of a post-secondary education and start contributing to an RESP:

It Becomes a Part of Your Household Budget

At Children’s Education Funds Inc. (CEFI), we offer three different RESP options in order to serve all families:

• The Group Option Plan: If you prefer to budget for regular, scheduled contributions, this plan is for you. You’ll be amazed at how quickly your RESP can grow with this consistent, reliable approach.

• The Achievers Plan: Do you prefer to work toward a goal? CEFI can help you to open a plan to meet a savings objective.

• The Self-Initiated Option Plan: If you desire flexibility, you’ll love this option. You can contribute what and when you want to your child’s RESP, giving you full control of your financial commitment.

You Can Take Advantage of Government Grants (and Other Perks!)

No matter what plan option you choose, CEFI will help you to collect all of the government grants for which your child is eligible. You’ll also be able to earn AIR MILES ® Reward Miles with contributions to your CEFI-managed RESPs.

It's Confidence-Boosting

If your child knows early on that you have an RESP in place for them, it helps to reinforce the idea that post-secondary education is a real possibility. We spend a lot of time telling our kids that anything is possible. Now imagine telling them you’ve been saving money to help their dreams come true since they were a baby? As a parent, it doesn’t get much better.

CET plans are sold by prospectus. Please refer the prospectus before making an investment decision.

®Trademarks of AM Royalties Limited Partnership used under license by LoyaltyOne Co. and Children’s Education Funds Inc.