In some parts of Canada, school is already “back in,” but we have another week in Ottawa until school is back in session. I am enjoying some time off, but for those who may not be up to date with my comprehensive library of posts, here are some good ones for your back-to-school planning this week.
When my kids were going to High School, I was never thrilled with all the hidden costs. Little did I know how that was nothing compared to higher education:
I Thought Public School was Free?
I was running low on ideas and asked my wife for a topic for todayâ€™s blog and she came up with the cost of our â€œfreeâ€ education system. She had been out shopping for back to school supplies (a HUGE industry in itself) and was telling me about all the â€œbargainsâ€ she was going to have to find to pay for all the unwritten educational expenses.
(click here for the many hidden costs in your Public Education)
September is a financial mayhem month for those with kids going to school. I am sure September will not be like this one year, and I may even miss it, but not this year.
Wake Me Up When September Ends
Not just a very good song by Green Day, but also an anthem in my personal financial life. September seems to create a â€œperfect stormâ€ of debt load that appears every year and I think I can give you the list of the things that are the causes:
(to see the list of mayhem click here to read the whole article)
For University Students going back to school:
Advice is Best Served with Water
It is the magical Back to School season so many of my compatriots in the Personal Finance Blog world have taken it upon themselves to pass on sage advice to the future leaders of our world. The advice given is very good and I wish someone had told me some of this advice before I started off at University, but then again, I most likely wouldnâ€™t have listened (after all I was much smarter back then).
For more exciting ideas about back to school and RESPs, remember to read my entire RESP Page, which outlines the fun and games I have had set up, putting money into and then attempting to extricate money from an RESP.