RESP vs. Infinite Banking Policy | The Difference Is Mind-Blowing!

RESP vs. Infinite Banking Policy | The Difference Is Mind-Blowing!

If you have children, you need to check this episode out! Darren and Christina break down the difference between using an RESP (registered education saving plan) and an infinite banking policy on a child. The results are incredibly impactful and if you were thinking an RESP is the right choice before this episode, your mind may very well be changed by the end of it! Tune in now.

Show notes:

00:00 - Introduction

1:50 - What can you use an RESP for?

5:05 - How does an RESP work?

8:05 - What happens ifyour child (the beneficiary) doesn't attend a higher education institution?

13:50 - Risk/tolerance of putting RESP in stock market

18:15 - Example of an RESP policy in action

20:15 - Infinite banking policy on child in action

29:40 - What an infinite banking child policy can do in comparison to an RESP

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

Avsnitt(252)

The Hidden Pattern Behind Every Entrepreneur Who Scales Impact ft. Giovanni Marsico

The Hidden Pattern Behind Every Entrepreneur Who Scales Impact ft. Giovanni Marsico

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us On today's episode, we're back with our entrepreneurial spotlight series and joining Darren is Giovanni Marsico, founder of Arc...

8 Jan 39min

2026 Market Predictions: A Realistic Outlook for Canadian Investors

2026 Market Predictions: A Realistic Outlook for Canadian Investors

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us What actually happened with our 2025 predictions — and what does 2026 really look like for Canadians? In our annual predictions...

5 Jan 24min

How to Actually Hit Your Goals in 2026 (The EXACT System We Use)

How to Actually Hit Your Goals in 2026 (The EXACT System We Use)

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us Big goals don't create results — consistent execution does. In our annual goal setting episode, Darren and Christina share how ...

29 Dec 202530min

The Decision That Could Make or Break Your Infinite Banking Strategy!

The Decision That Could Make or Break Your Infinite Banking Strategy!

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us Most people don't realize that choosing the wrong dividend option can completely undermine a whole life insurance strategy. On ...

22 Dec 202522min

Stop Letting the CRA Eat Your Profits | The Corporate Cash Traps Crushing Business Owners

Stop Letting the CRA Eat Your Profits | The Corporate Cash Traps Crushing Business Owners

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us   You worked hard. You took the risk. You built the business. So why does it feel like the CRA is the biggest partner you never i...

15 Dec 202527min

Millionaire Mindset: How the Rich Operate DIFFERENTLY | The Rockefeller Method | Part 9

Millionaire Mindset: How the Rich Operate DIFFERENTLY | The Rockefeller Method | Part 9

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us   In Part 9 of The Rockefeller Method series, Darren and Christina break down the most overlooked part of wealth building: your t...

8 Dec 202533min

The Simple Six: The 6 Numbers That Make or Break Your Business ft. Chris Cooper

The Simple Six: The 6 Numbers That Make or Break Your Business ft. Chris Cooper

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us   Most entrepreneurs think they need more clients. Chris Cooper says they actually need better math. In December's edition of our...

4 Dec 202537min

Is Canada Still a Good Place to Invest? Pipelines, Real Estate, Bitcoin & More

Is Canada Still a Good Place to Invest? Pipelines, Real Estate, Bitcoin & More

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us Can you believe it's already December! What a year we've had and Darren and Christina are back for the last monthly update of 2...

1 Dec 202534min

Populärt inom Business & ekonomi

framgangspodden
varvet
rss-jossan-nina
svd-tech-brief
rss-svart-marknad
rss-borsens-finest
badfluence
uppgang-och-fall
avanzapodden
bathina-en-podcast
fill-or-kill
rss-dagen-med-di
rss-inga-dumma-fragor-om-pengar
rikatillsammans-om-privatekonomi-rikedom-i-livet
lastbilspodden
rss-kort-lang-analyspodden-fran-di
borsmorgon
tabberaset
bilar-med-sladd
24fragor