The following advertorial post is sponsored by ATB Financial
Having three kids, I am well aware of how daunting the expense of having a new baby can be. When you add to that the future cost of post secondary education, the pressure is even higher. ATB Financial is coming out with a new program to help relieve a bit of that pressure for new parents.
The Alberta Baby Bundle is an e-mail resource for new Alberta parents which includes discounts, freebies and a $150 RESP booster.
But wait, what is an RESP anyway? Here’s what ATB has to say about them:
It stands for Registered Education Savings Plan. It’s basically a savings plan that makes it easier to save money for a child’s education. Any money you deposit into an RESP grows tax free until it’s withdrawn. When your child starts using the money for school, only the accumulated interest is taxable as income. When you invest in an RESP for your child, that RESP may be eligible for education savings grants. To learn more about RESPs, visit atb.com/resp, call 1-888-330-9713 or stop by any ATB branch.
ATB Financial knows how hard it can be to save for your child’s education. To help you out, if you have a child under 2, ATB will deposit a $150 saving booster into your child’s RESP when you open an ATB RESP. And because of government savings grants, that $150 is more like $180!
As a parent with a growing family, I always appreciate being able to get a deal and the convenience of email newsletters. Through the Alberta Baby Bundle you’ll be able to support Alberta businesses AND save money. Current partnerships include Rocky Mountain Soap, Montana’s, AMA and Goo-Goobaby.com.
You’ll also receive tips on budgeting, saving and smart spending, helping you teach and pass on smart spending and saving habits to your kids.
Sign up and you’ll get instant access to current discounts and savings plus new savings in your email every 4-6 weeks. You can unsubscribe at any time.
The earlier you start saving for your child’s education, the better. If you’re expecting or have a young child, sign up for the Alberta Baby Bundle at atb.com/babybundle and start saving today!