I was reading the other day that the current cost of raising a child from birth to 17 is about $325,000. And yet, after all that we still want to gift them our wealth?!?! We must be crazy! But having had a child in the last year, I get it. There’s nothing a parent wouldn’t…
Over the last few weeks, we’ve taken a look at some of the advantages and disadvantages of helping your child pay for their university education. I’ve received a lot of inquiries as to what the right balance is in regards to being supportive or not, so I figured I would share with you my thoughts…
Last week we reviewed some of the benefits of helping your child pay for their education, but today well examine some of the disadvantages of paying for their school. Or should we call it their party fund? Your Financial Position In much the same way airlines tell you to put on your oxygen mask before…
The cost of education is continually rising with an average tuition increase of 3.1% across Canadian universities for the 2017-2018 academic year. So should you be helping your child pay for their university education? In this three-part series, we’ll take a look at some of the advantages, disadvantages, and my recommendations when it comes to…