The Cost Of Raising A Child

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New Baby and How Life Changes

FP | August 12, 2010

I hosted a baby shower lately and as we talked about the excitement of having a baby, I mentioned to the “mom to be” friend how the arival of a baby changes everything, including your financial lifestyle and spending habits too. Whatever you considered a “normal” life before now is over. Of course, reading books [...]

Category: RESP, Raising Children | No Comments »
Tags: Financial Plan, Term Life Insurance, The cost of raising a child

Help Your Kids Become A Million Dollar Richer!!!

FP | March 24, 2009

Did you know the average cost to raise a child to age 18 is about $163,000 according to Vanier Institute of the Family viewed April 21,2005. The truth is most of us don’t think about the cost when we decide to expend our family with children. Children are the most expensive but rewarding additions to [...]

Category: Financial Budget, Financial Knowledge, RESP, Raising Children | 6 Comments »
Tags: Canadian Government, Children, Debt, GESG, RESP, Term Life Insurance, The cost of raising a child, university fee, Will