I can gift
increased by20% at deposit
increased by5% yearly
over 14 years
Surprise a parent with gifts towards education savings
Sign up to kick off the gifts and share with more loved ones! 🥰
Get started by making a gift that will last a lifetime...
Get everyone in on the big surprise for your loved one.
When the time's right, we make the announcement together!
We'll make sure your gifts go into an education savings account (RESP).
With luvmunny 💝, you can give them something they definitely need!
Your gift is sustainable, thoughtful, and different.
Your gift is used for education savings
We don't release the gifts until we know the education savings account that they're destined for. No matter what financial institution they use.
Your gift is worth 20% more
Any gift made with luvmunny is worth 20% more thanks to matching grants from the federal government. Give $50 to give $60 or $100 to give $120!
Your gift appreciates for years
Instead of depreciating to the point of becoming waste, your gift will appreciate until your loved one uses it for their higher education.
Unlock the power of generosity
It's plenty easy to get all the family and friends in on the surprise. And, oh does that surprise get big.
An RESP is a government-sponsored investment account that has grants and tax advantages when it's used to save for higher education.
By the time they go to school, most students can withdraw the money tax-free to use for tuition and living expenses.
Grants from the government
The federal government matches between 20% and 40% of contributions to an RESP. Some provinces match too!
Freedom after graduation
Having an RESP maximizes a student's likelihood of graduating without crippling student debt.