At back to school time it is important to teach your kids to be frugal as well. It is a learning moment for both your and your child.
Do you give your kids allowances? Is it an automated process? It isn’t hard to set up.
The RESP, Registered Education Savings Plan, is free money for parents who think their kids will go into post-secondary training programs. They don’t have to go to University.
Do I have advice for new grads ? I have a lot of advice for them, but will they actually listen to this advice is my question.
If you are going back to school remember to keep your receipts for moving expenses if you have moved more than 40 KMs to go to school.