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Brandon's Adventures

Thursday, September 18, 2014

Importance of Saving Early for Your Children’s Education #RESPwithRBC

Some time after my son, Brandon, was born, I had already thought about opening and RESP  (Registered Education Savings Plan) account for him. I started later in the 2nd year because the first year was very stressful and was a busy year looking after the little one. My sister works as a financial advisor so I was lucky to have her come over to do the paperwork as well as give me advice and tips about setting up Brandon's RESP. It was very easy and convenient.


What motivated me to start opening and RESP account for my child is when I thought about his future in his education and getting good education is important. Post-secondary tuition can be very costly. I know from my experience. My mom used to work part-time and my dad was retiring. And at the same time, I was looking for part-time work to pay part of my tuition (mom helped out mostly). It wasn't easy.  I wanted to attend art school, but tuition was so much more than the regular colleges. I just couldn't afford it. I wish my parents had and RESP for me back then.


Saving for a child's education is easier if you start early and contribute regularly ($25 a week can add up to $50,911** in 18 years). You can receive free money from the government! The Canada Education Savings Grant will match up to 20% on the first $2,500 contributed annually. That could mean up to an additional $500 a year in your RESP, up to a lifetime maximum of $7,200!

With advice from RBC Royal Bank, it's easy to start. No need to be overwhelmed. You have the flexibility to use the RESP for university, college, apprenticeship, non-credit courses etc., and if your child doesn't use the funds, you can use your contributions and earnings to fund your RRSP! There are many ways to save for a child's education: birthday or Christmas gifts from relatives and friends or a weekly contribution that fits your budget, maybe $25/week with an RESP-Matic. I think it's awesome that family members can donate money to the kids.


Did you graduate with student debt? By utilizing an RESP you can help your kids graduate debt-free! You can find more great tips on saving for your child’s education here: http://www.rbcroyalbank.com/resp/ and http://www.rbc.com/education

Why invest in a child’s education? Of all the factors that could influence your child’s future employment, earning power and career satisfaction, a post-secondary education is probably the most significant.


{ GIVEAWAY }

RBC Royal Bank is currently running a contest called "Grow an RESP with RBC" through their Facebook Page. Canadians can win money towards their Registered Education Savings Plan and help their child achieve their dreams. Contest ends October 4, 2014.


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.


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Friday, September 12, 2014

VTech Innotab 3 Plus Blogger Opportunity


 Blogger Opp: VTech Innotab 3 Plus Giveaway Event


Attention bloggers:  This is a free/paid blogger event hosted by Golden State Mom. Link is free when you post about the giveaway on your blog and a thank-you for participating in the event.

PARTICIPATION DETAILS

* Prize: VTech Innotab 3 Plus

* Event dates: September 29 - October 13, 2014

* Eligibility: Contest is open to US

* FREE link on entry form (Pinterest, Facebook or Twitter) with announcement post

* Optional additional links are $5 each

* Agree to post the giveaway HTML on the date the event begins and promote at least 3x a week

* Please feel free to mention Jennie Yuen from "Brandon's Adventures" Blog referred you! Thanks much!




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Neoniks: Mystie the Fox book and Fabled Magic World Encyclopedia {App Review}

Neoniks are magical people who live on Cake Island. When they turn seven, their parents cast the Winged Spell on them and then the little ones learn to sprout wings on their backs whenever they need them.At first, Neonik kids are not very good at magic and can only make very simple wings, but the adults can grow really magnificent wings that sparkle with neon lights.

Neoniks: Mystie the Fox book and Fabled Magic World Encyclopedia reading for elementary school kids by Pavel Mamaev

Developer Pavel Mamaev has recently just released a new FREE app for your iPhone and iPad! In the app, there's an interactive map of the magical world, an encyclopedia of enchanted creatures that live there, and a 184-page beuatifully illustrated chapter book "Neoniks and Mystie the Fox."

A 10-year-old Jay secretly brings a tiny talking fox Mystie to school to show to his friends. The substitute teacher who wears a fur coat with a lion head on its collar follows the instructions of his eerie neckpiece and kidnaps Mystie. Jay and his sister Phoebe embark on a quest to get the little fox back, while learning important lessons on true friendship, creativity, and thinking outside the box.


If you have an elementary school age child, this app is definitely for you! The Neoniks App is available to download for FREE at https://itunes.apple.com/us/app/free-neoniks-mystie-fox-book/id899196882?mt=8

It is quite a fun educational app!


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Sunday, September 7, 2014

Friends of Ferrari Grand Prix Formula 1 Race Event


On Sunday, September 7th, Brandon attended the Grand Prix Formula 1 Friends of Ferrari Race event at the parking lot in front of the Italian Cultural Centre. We were excited that he got picked and it was his first time racing others. The day before the actual race, the kids had a chance to test drive and had the uniform fitting. Only boys and girls ages 3 to 5 years old are eligible to drive in the races. The purpose of this event is to raise money for a variety of charitable organizations.

We also wished get-well to Michael Schumacher (7 times Formula 1 World Champion), who sustained serious injury while skiing.
Here are photos from the event:








Special thanks to Volunteers, Organizers, and Sponsors in making this event successful!


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Thursday, September 4, 2014

Big Event Fundraising: $250 Target Back to School Giveaway


Big Event Fundraising designs programs that help schools across the country raise money. They are hosting a ‘Back to School’ giveaway, which will end on September 16th, 2014. The prize is a $250 Target gift card!


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