Education Savings: Start Early
A new baby in the family brings many hopes, dreams and expectations. This can often include thoughts about how their lives can be better than that of their parents. And that often includes hopes about careers and the education that goes with them. It is also the time to start planning how to finance the […]
Financial Advice for New and Expecting Parents
Whether you’re expecting a child, planning to have one soon or have just become a new parent, you’re about to embark on one of the most rewarding journeys that life has to offer. It’s also one of the most expensive: an average of $12,500 per year until age 18.1. That’s $225,000 per child, and it […]
The Many Benefits of RESPs
As busy parents, just meeting your family’s needs each day can eclipse thoughts of the future. Add to that juggling act the cost of running a home, daycare, mortgage and car payments, and it’s easy to see how setting funds aside for a child’s future education can become something you’ll “do later” when you have […]
Financial Strategies for the ‘University Years’
Many parents wrestle with the dilemma of how much financial support to provide their children attending post-secondary programs. The costs today are much greater than what the parents paid for similar schooling some thirty or more years ago. Tuition costs alone have risen at least tenfold since the 1970’s for a basic humanities degree, […]