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The RESP Book - The Simple Guide to Registered Education Savings Plans for Canadians [Kindle Edition]

Mike Holman
5.0 out of 5 stars  See all reviews (3 customer reviews)

Print List Price: $14.50
Kindle Price: $9.99
You Save: $4.51 (31%)

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Book Description

Set up your child's RESP the quick and easy way with this short, easy to read RESP guide.


"It’s About Time. Mike Holman of the MoneySmarts blog has filled one of the very few remaining holes in the Canadian personal finance bookshelf with a new book on registered retirement education plans." ~ Rob Carrick, Globe and Mail

"Personal finance writer and author Mike Holman clearly explains all the ins and outs of RESPs in his book." ~ Michael James, Finance blogger

"It’s like a breath of fresh air for information starved people looking for an RESP. It took me about 2 hours to read (I read at the speed of light) and had all the information it took me 6 months to learn. Every single thing you need to know about RESP’s is in there, written in an easy to understand manner, instead of in 9pt type by a lawyer." ~ Rachelle Berube - Real Estate blogger

Topics covered in this book include:

- How to set up an RESP account
- RESP contribution rules with examples
- RESP withdrawal rules and strategies with examples
- How to avoid penalties if child does not attend school
- How to invest inside an RESP

About the Author Mike Holman has worked in the Canadian financial industry for almost two decades.

Mike runs the popular Canadian personal finance website which was nominated by the Globe and Mail as one of the best money blogs in Canada.

Product Details

  • File Size: 158 KB
  • Print Length: 155 pages
  • Page Numbers Source ISBN: 0986648906
  • Publisher: Money Smarts Publishing; 1 edition (February 2, 2012)
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B00757IESG
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Enabled
  • Lending: Enabled
  • Amazon Best Sellers Rank: #1,060,336 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Most Helpful Customer Reviews
5.0 out of 5 stars Information is bang on! March 27, 2012
By Rob G
Format:Paperback|Verified Purchase
The book is filled with great information and is a must have for expecting parents. I personally enjoyed the fact that the author provides examples throughout the book. Therefore, clarifying any questions I might of had. I'm an avid reader of personal finance books, mainly dividend growth investing, and was glad to see the books clear and concise writing. A lot of the time, terms are technical and specific to the industry, but this one on the other hand explains everything fairly clearly.

If you are planning on starting an RESP I suggest you read this book. Or at a minimum, read the author's website. It will ease any apprehension you may have about investing for your children's education.

PS... this book applies to Canadian residents!!

Take care,
Rob G
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5.0 out of 5 stars Top-notch resource! October 2, 2012
By Mark
Format:Paperback|Verified Purchase
Finally, this is one financial planning book with a great return on investment. We all know we need to save more to finance our kids' post secondary education. RESPs are a tricky little resource to understand, and it's worth spending the time to learn how they work. But not everyone gives a balanced perspective, and Holman does a great job. It's a quick read, and you can skip some of the chapters that don't apply to you. But worth the cost of admission; I bought the book last year, put the book aside and then this year read again the chapter on withdrawals -- and successfully got my first withdrawal this month.
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5.0 out of 5 stars RESP Book review March 17, 2012
Format:Kindle Edition|Verified Purchase
This book is written in very clear and concise language easily understood by everyone from those who know very little about RESPs to those who have done their homework/research. I found it covered all the important RESP topics, used examples to enhance understanding and even provided some invaluable tips! The tips alone will save me 10 times the cost of the book never mind the peace of mind that comes from understanding this topic well and ensuring you take full advantage of the government grants available to your children. A very satisfying purchase with out a doubt!
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