A decision that we make at a specific moment can have positive consequences in the long term. This is the case with the Registered Education Savings Plan (RESP). For you, future parents or parents of young children, to avoid adding to your sleep debt, we thought we'd explain why RESPs are really worthwhile!

What we see is that both types of accounts often end up serving the same purpose. One is more accessible than the other. If you're an impulsive buyer, you'll thank yourself later for taking the time to create a savings account! But beware, each type of account comes with its own benefits and limitations. Learn about them from the experts at Pierre Dauth Financial Services.