High Tuition? Confront RESP Limits

One of the main things that really I wanted to share with the listeners as it relates to the situation on building the fund or money towards maybe the primary usage is for education. And I just want to maybe digress a little bit back on my experience. I've taught at a post secondary institution in Canada, in Toronto specifically, for over 10 years. I found myself in a very interesting situation when I was doing it myself personally, which was my family was a low income household. We didn't have enough saved or built up in what most people actually saw had an resp for their post secondary education. And when they were building it for that post secondary education, the amount that would get billed wasn't generally enough, especially with the program that we were enrolled in. It was in what's called a flat unregulated fee. So the tuition fee was quite high.