Canadian Immigrant Parents: Don’t Miss This Money for Your Child’s Education | RESP Explained Simply
Did you know Canada may give money toward your child’s education? If you’re an immigrant parent in Canada, this episode explains what many families are never told about RESPs, education savings, and protecting your child’s financial future. Take Control of Your Financial Future in Canada - Book a Financial Clarity Call ➡ https://www.astoldbycanadianimmigrant... As immigrant parents in Canada, many of us come focused on survival, immigration paperwork, job stability, and paying the bills — but becoming a parent changes the financial conversation. In this episode of Mom-Versations - As Told by Canadian Immigrants, Kristina speaks with licensed financial professional about RESP accounts, RDSP options, income protection, critical illness protection, and why families should not wait to start planning. This conversation breaks down how the Government of Canada may help with your child’s education, why protection matters just as much as investing, and how immigrant families can make more informed financial decisions in Canada. In this video, you’ll learn: • What an RESP is and how it can help with your child’s education • How Canada Education Savings Grants and Canada Learning Bonds work • Why starting early can make a difference for immigrant parents • What happens if your child does not go to college, university, or apprenticeship school • How RDSPs may support people living with disabilities • Why life insurance and critical illness protection matter for parents • Financial planning offense and defense 🔗 Watch This Next: More Immigration & Motherhood Stories - • MOM-Versations - As Told By Canadian Immig... 📌 Links You Need • Take Control of Your Financial Future in Canada: Book a Financial Clarity Call with Kristina or Adrian - https://www.astoldbycanadianimmigrant... • Momtrepreneur University - https://www.skool.com/momtrepreneurun... • Neo Financial high-interest savings account platform - https://card.neofinancial.com/product... Subscribe to our YouTube Channel: As Told By Canadian Immigrants - / @astoldbycanadianimmigrants 🌍 More immigrant stories & resources: https://www.astoldbycanadianimmigrant... ⏰ In this episode of Mom-Versations, Kristina McPherson sits down with financial professional Adrian Morrison to discuss: 0:00 - Survival to Stability 1:31 - Immigrant Parent Money Questions 2:18 - Important Financial Disclaimer 3:13 - RESP Explained Simply 4:52 - Canadian Government Education Grants 6:40 - Why Start Early 8:11 - What If They Don’t Go to School? 13:20 - Savings vs Investing in Canada 15:42 - How much money do you need to start an RESP? 18:43 - RDSP Basics Explained 21:28 - $90K Disability Support 23:19 - Product vs Plan 24:40 - Protecting Your Future 26:15 - Offense and Defense 30:43 - Critical Illness Protection 35:22 - Insuring Your Child 39:12 - Financial Information Gap 41:20 - Book Your Clarity Call 45:30 - The Risk of Waiting 47:06 - Final Money Talk Recap 📌 Connect with Kristina : INSTAGRAM - / astoldbycanadianimmigrants FACEBOOK - / astoldbycanadianimmigrants BLOG - https://www.astoldbycanadianimmigrant... LINKEDIN - / kristina-mcpherson-pmp%c2%ae-b-arch-60b34a68 ------------------------------------------------------------ Support Us -------- https://www.paypal.me/astoldbyCanadian About: As Told By Canadian Immigrants shares honest conversations about immigration, motherhood, identity, money, family, and building a life in Canada. Through real stories and practical discussions, we help immigrants feel seen, informed, and empowered as they navigate life in a new country. ------------------------------------------------------------- Channel Disclaimer in About Section. DISCLAIMER: This content is for informational and educational purposes only and should not be taken as personal financial, legal, tax, insurance, or investment advice. Always speak with a licensed financial professional who can assess your individual situation before making decisions about any financial product. This video is not sponsored. Some links included may be affiliate or referral links, which means we may receive compensation if you choose to use them, at no additional cost to you. All opinions and experiences shared are intended to support informed decision-making, not replace professional advice. #canadianimmigration #howtomovetocanada #usatocanada #jamaicatocanada #studyincanada #internationalstudent #expressentry #canadapr #canadavisa #kristinamcpherson #permanentresidency #canadiandream #movetocanada #jobsincanada #workincanada #cometocanada #beforeyouarriveincanada #ImmigrantParentsCanada #RESPCanada #FinancialPlanningCanada #CanadianImmigrants #moneytalks

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