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This article is brought to you by insurance for children, Canada’s leader in financial planning for children and the creator of Child Plan ™ the fastest growing alternative to the RESP. Year after year, post-secondary education enrollments are steadily increasing. On top of higher enrollments, costs are going up at the same time. Have you…

With adequate planning, parenting does not have to be an expensive affair. Saving money for children as early as possible eases the financial burden. Some people decide to start saving money for their kids, from the day the kids are born. The most important thing is to put some money aside every week or month…

When it comes to choosing between individual vs family RESP plans, the main difference is usually the number of kids. An individual RESP is an option for families with one child, while family RESP is for people with multiple kids. However at the time you have your first child, do you know if and when…

Between 2006 and 2021, the annual  cost of undergraduate tuition in Canada has almost doubled, from $4,400 to $6,693. If you consider this outrageous tuition, food, school supplies, and housing, post-secondary education has become very expensive.  But since your child was only recently born, How much is tuition in 2035? If the cost of a…

As of 2021, the average tuition cost of universities in Canada is $19,948 per year, including tuition, food, housing, and other expenses in 2018 according to Mcleans article. For that reason, the Canadian government has made a point of encouraging parents to start saving for their child’s post-secondary education as early as possible. The Canadian…

The average cost of raising a child in Canada for an average family in Canada is now a staggering $12,000 per year. Since this is just an approximate number, the cost will depend on many factors including your lifestyle, where you choose to live and where you choose to educate them, public or private. By…

Young parents today have it rough. From the mind-blowing unemployment rate, huge student loans they are still paying off years after they graduate, and the highest cost of living to date, it’s no wonder they are having a hard time not only making ends meet but saving for their future and their children’s futures. But…

Not all parents are the same. Life would be pretty boring if they were right? However, all parents do have one thing in common. Want to guess what that is? They love their children unconditionally and want them to have a better life than they did. Just like parents – not all children are the…