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Banks won’t tell you about Participating Whole Life Insurance plans as an alternative to RESP for your child’s education and future. For over a century, banks were viewed by Canadian families as trusted community partners who provided advice to help manage their financial lives. You walked into your branch, spoke with your […]

This is a continuing blog in the series Millennial Parents’ Guide to Financial Planning for Children. My father always told me: “If you’re going to spend your time thinking, you might as well spend it thinking big.” While I am President of insuranceforchildren, I still advise and manage investments of two-dozen successful […]

Millennials Parents’ Guide to Financial Planning for Children By Michael Lampel It’s Christmas Day 2016. The stockings are resting against the fireplace hearth, filled to the brim with toys and treats. I patiently watch as my four-year-old baby girl rips open the shiny red paper concealing the latest toy all kids are […]

In Our Continuing Series Of Millennial Parents’ Guide to Financial Planning For Children By Michael Lampel I recently went to an open house with my wife to look at what $1 million would buy today. What I saw made me seriously concerned about our daughter’s future. A four-bedroom house with two bathrooms […]

When I went to university, the cost for four years of tuition totaled $20,000. And that’s not including books, rent or other living expenses. Like most of my friends, I relied on student loans and odd jobs to get through university. My husband, on the other hand, was fortunate. His parents managed […]

Millennial Parents Guide To Financial Planning For Children My family loves going to the cottage every summer. My siblings and I grew up jumping off the dock, fishing with my dad, and celebrating our lives together by the lake. Of course, we were never comfortable asking our parents what happens to the […]

Millennial Parents’ Guide To Financial Planning For Children By Michael Lampel As a parent of three, I understand there is nothing we won’t sacrifice for our children’s future — including sleep, health, financial future, and yes, even retirement. When I had my first child the last thing I was thinking about was […]

Millennial Parent’s Guide to Financial Planning As a parent, I would do anything for my children. I make sacrifices every day. I sacrifice my eight hours of sleep each night (really though, does such a thing even exist anymore?). I sacrifice the hobbies I used to love. I sacrifice my privacy and […]

Millennial Parents Guide To Financial Planning For Children How much different would your life be if you were able to live free of debt? For millennial and gen-x parents, debt was almost a given when we were growing up. Our parents were unable to predict the rise in tuition costs; therefore student […]

You just started your career, you’re starting a family and it’s that time of year when the only thing less fun is root canal. Let me help you figure this out. They say in life there is only two things guaranteed. Death and Taxes. Every time you get paid your lending the […]