**“Disclosure: I am part of the RBC RESP blogger program with Mom Central Canada and I receive special perks as part of my affiliation with this group. The opinions on this blog are my own.”.
With school being on the forefront of our minds, we've also been thinking about the whole topic RESP's for our kids. Yep, those Educational Savings Plans can be pretty important when it comes to the future of their education. When we first began this journey of raising children (8 years ago) we went ahead and set up some RESP's for our oldest children...however, little did we know that the place we set them up was not going to give us what we had thought they would (money for our children to use if they decided to further their education...and if they didn't decide to further their education we didn't want to lose the money either!) So we began to explore new options and different places to set up our RESP. We really liked what we saw at RBC, and have since begun switching all our previously made RESP's over to RBC. For our youngest who is now 2 months old, we are going to start with RBC right off the bat! There are a lot benefits that we found to setting up an RESP with RBC. For example, they are versatile - and can be tailored to fit your particular family and situation. They also have excellent growth potential, are flexible and even have a neat option where other family members can donate to the RESP as a gift to your child with a Gift Cheque!