There’s no way around it – kids are expensive! Fortunately, there are resources for cash strapped parents. Check out this list of government programs, along with the investments to make now to get your kids started on the right financial foot.
Worried about your child’s education? In the past 20 years, more and more young Canadians are choosing to attend university, but the cost of post-secondary education has risen substantially. If and when your child chooses to go to university, how will you be able to afford it? You can start putting money aside for your child’s post-secondary education with the help of a Registered Education Savings Plan (RESP).