Chris, 33 years old and Marina Michael, 31 years old are a happily married couple and living in Ottawa, Ontario. Chris is a manager at Canadian Tire earning $ 78,000 gross and Marina works for the federal government earning $ 67,000 gross annually. They have two children; a son Andreas, 3 years old and a daughter Sophia who is currently 8 months old. Chris and Marina would like to save money for their children's post-secondary education. They believe, generally speaking, educated people with a post-secondary degree do better in life that those without one. However, they are very concerned with the rising tuition and education costs in Ontario. They estimate the total cost of post-secondary education is $ 12,000 per year ... or $ 48,000 for a 4-year program at a College or University. While inflation for goods and services hovers around 4 %, the cost of education seems to be increasing at a higher rate of about 8 %. They heard from friends that they should consider setting up an RESP account to help them save for their children education. They were told that the government subsidized this program with thousands of dollars in grants. They would like to