Purchase the car seat, ready the nursery, and stock up on the baby essentials. These three aspects of preparing for baby are usually completed before the baby is born–but what about the things that parents should think about after baby’s arrival?
For something like education savings, starting as early as possible will provide the maximum benefits. ATB Financial has just released the details of a brand new program, the ATB Baby Bundle, that will not only help to boost your education savings but will also help to save you money when you’re shopping for those essentials.
Available for parents with children two and under, the ATB Baby bundle will provide parents with a $150 savings booster when automatic recurring payments are set-up through an account. In addition to boosting the savings, parents can also enjoy discounts at places like Rocky Mountain Soap Co.
Are you wondering whether it’s worth finding the wiggle room in your budget to save for future education? Here’s something to think about:
The average post-secondary tuition in Alberta for an undergraduate degree in 2015 was $5,730 (Statistics Canada). While tuitions costs will vary depending on a student’s area of study, according to the University of Alberta, the cost of living estimate for one year of school is between $15,060 and $18,060 (University of Alberta, Cost of Living Estimate).
How do you sign up for the ATB Baby Bundle?
First, visit www.atb.com/baby bundle to fill out the simple form. Once the form is complete, parents can begin their journey of education savings. Parents can sign up, and get instant access to current details and savings. Parents will also receive new savings delivered by email every 4-6 weeks.
Not only will you receive valuable coupons and offers, but also savings tips that you can apply to real life—and as a new parent these savings tips are even more essential when one income has been cut in half.
It’s easy to sign up and take advantage of the $150 savings booster (which is closer to $180 when you factor in the government’s RESP grants). Add it to your ‘after the baby is born’ list or cross it off of your ‘family financial planning’ list and register for the ATB Baby Booster.
This post has been brought to you by a collaboration between Raising Edmonton and ATB Financial.
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