Andrew Lo
CEO,
Embark
Helping you get the most out of your education savings.
Navigating parenthood has become more complicated than ever between constantly juggling multiple responsibilities, economic uncertainty and increased cost of living. In fact, according to recent data from Embark, 54 per cent of Canadians claimed they were off-track when it comes to saving in general in 2024, and nearly 1-in-2 (49%) say they were off-track saving for their child’s education.
That’s why the company makes it easy and empowers families to stay on top of their child’s education savings without adding stress to their already busy lives. Families can open a new Embark RESP in as little as eight minutes online. The platform will then help you create a tailored plan based on your unique financial situation, forecast future education costs, let you choose what to cover and calculate the monthly savings targeted to reach your goal. When it’s time to use the funds, parents can request withdrawals in just two minutes and track their status in real-time, similar to tracking a package.
No more “someday,” start saving now
It can be tempting to push savings goals to “someday,” but children grow fast. Time flies, and the earlier you start saving for your goals, the more you benefit. Saving even $5 per week could add up to a full term of tuition!
Learn more at embark.ca/landing/resp-offer.
