October 2, 2014

National Family Week! Day Five - Financial Stability

Written by Mount Pleasant Family Centre Society

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NFW2014 VerticalIt costs a lot of money to support a family and everyone needs as much help as they can get. Today we have a bit of information about Education & Training Savings Plans as well as the Humanomics Youth Savings Account.

Families in British Columbia are encouraged to start planning and saving early for their children’s post-secondary education or training program. To help, the B.C. Government will contribute a grant of $1,200 to eligible children through the BCTES grant. You can find out more details about the grant here and you can watch a short informative video here.

The Humanomics Youth Savings Account offer is available for a limited time at participating Humanomics credit unions. These accounts are for 11 or 12 year olds. They must open the account in their own name, with a deposit of $25, or a recurring monthly deposit of $10 for three months. On the account's first year anniversary, there's a bonus of 20%*. By the third year, there's a bonus of 5%*. That’s up to $125 for free. You can find out more information on the Humanomics website (they also have a short informative video, too).

 

Photo Credit: Canadian Son via Compfight

Mount Pleasant Family Centre Society

We are a non-profit society offering a range of resources and services for parents, caregivers and their young children, pre-birth to 6 years. A Home Away From Home, Mount Pleasant Family Centre is a place for families with young children to drop in, make new friends, learn new skills and receive support in times of need.

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Website: www.mpfamilycentre.ca

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Mount Pleasant Family Centre invites families with children 0 to 6 years old to become a member. Members are entitled to free drop-in programming, a supervised playroom, a comfortable space for adults to talk and meet other parents and caregivers, and much more.

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