How many parents have a specific post-secondary education savings plan in place?
2023-04-23 05:41:48 By : admin
B) 50%
C) 75%
D) 90%
The answer is B - According to a recent survey, 50% of Canadian parents have a specific savings program in place for their children's post-secondary education. This highlights the importance of planning and saving for the high cost of education, especially considering the rising tuition fees and living expenses. If you are one of the many parents looking for ways to save for your child's future education, there are various methods available, such as RESPs (Registered Education Savings Plans), mutual funds, and high-interest savings accounts. It's never too early or too late to start saving, and every little bit helps in achieving the goal of providing your child with the best possible education.
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