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It requires a lot of financial support these days to keep students out of a lifetime of debt. The RESP is a good savings plan to consider when saving for your child’s future.

The cost of tuition for Canadian has sky rocketed over the past several years. Medicine, dentistry, pharmacy and law have the highest undergraduate tuition fees throughout Canada ranging from $10,000 – $18,000 per year. But masters of business administration programs were the most expensive around $40,000. But luckily the RESP is one saving program that can come close to covering the total costs of tuition. Here are some key points to think about for families seeking advice for education funding:

Platinum Books is proud to support various community endeavours and has been a supporter of Habitat for Humanity Manitoba for almost ten years.

Owner Greg Libbrecht cycles and raises money in the Ride Around the Lake fundraising event. The 2015 Ride Around the Lake will take place from September 10th to 13th. Cyclists will be participating in a 4-day ride along beautiful Lake of the Woods in support of Habitat for Humanity.

Minimum wage is $10.70 per hour. Effective October 1, 2015, minimum wage will increase to $11.00 per hour.

For anyone interested in being a security guard – The Security Guard minimum wage is $10.95 per hour. Effective October 1, 2015, security guard minimum wage will increase to $11.75 per hour.

 

Just a friendly reminder from the team at Platinum Books that your annual installment is due next Wednesday December 31!