I'm doing a little bit, for right now. I use UPromise (http://upromise.com). I have it set as a college fund for my niece right now, but once I have a munchkin of my own, I'll switch it over, since my sister and brother-in-law have other plans for financing her education.
We have a Registered Education Savings Plan through Canadian Scholarship Trust Foundation. Everything we put into it up to $4000 a year is matched by the government, so having it as a registered plan literally doubles our savings. It has downsides, though. If she chooses not to go back to any kind of post-secondary program after the first year, we'll lose the rest of the money or have to roll it over to someone else.
We've also go a whole-life plan going for her, which we're hoping might be enough when she's twenty-five or so to provide most of the down payment on a house or some such.
(no subject)
Date: 2005-08-24 09:07 am (UTC)I'm doing a little bit, for right now. I use UPromise (http://upromise.com). I have it set as a college fund for my niece right now, but once I have a munchkin of my own, I'll switch it over, since my sister and brother-in-law have other plans for financing her education.
(no subject)
Date: 2005-08-24 10:59 am (UTC)We've also go a whole-life plan going for her, which we're hoping might be enough when she's twenty-five or so to provide most of the down payment on a house or some such.
(no subject)
Date: 2005-08-24 11:04 am (UTC)