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Advent Financial Calendar: Box 9

Advent Financial Calendar Box Day 9

Today’s box contains a scroll of some sort. You unravel it and see that it is a Diploma with your child’s name on it.

Time to start thinking about your child’s higher Education now, when the task is not as daunting. Suppose you haven’t created an RESP in no time like the present, and best done before the end of the year, to maximize your grant possibilities. Talk to your bank or financial planner about what needs to be set up, but Education is the best gift you can give your child, and making sure they can go to University (if they wish) is something to start thinking about right now. An RESP can also be used for colleges, some apprenticeships and other post-secondary programs.

Read my postings about the high cost of University Education if you think this won’t be a significant expense.

I must admit this is a selfish gift for me.

Grad Photo
That is What $50K Looks Like, and it’s beautiful.

Personal Finance Advent Calendar

Feel Free to Comment

  1. I always enjoy reading about the finances from our brothers to the north. I just wish our government would get back on track like yours has, with a balanced budget and little to no debt. Those were the days for us.

  2. As David Schweickart said, “Capitalism cannot be a full-employment economy, except in the very short term.”

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