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Give Your Grads Money Smarts

4. Encourage Them to Start a Saving Account

4. Encourage Them to Start a Saving Account

This applies before, during and after school. If they're working part-time, encourage them to save their money in a Tax-Free Savings Account. The money will accrue, tax-free and can be used for school to minimize their debt-load or can be used to pay down their loans when they graduate.

Give Your Grads Money Smarts

1. Start an RESP2. Apply for Grants and Bursaries3. Encourage a Part-Time Job4. Encourage Them to Start a Saving Account5. Instill Good Habits6. Take Them Shopping4. Encourage Them to Start a Saving Account7. Help Them Pay Off Their Debt

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