Canada has an excellent registered education savings program that you can use to tax defer any contributions to your kids education fund, as well as a Canada Education Savings Grant that basically gives you extra money for contributing. And it can be transferred between children so if your oldest kid decides to travel the world instead of becoming a doctor, you can still pay for his education.How are you saving/paying for your children's college education?
(people without plans/kids can just reply "Grue," your existence will be validated)
ThisCanada has an excellent registered education savings program that you can use to tax defer any contributions to your kids education fund, as well as a Canada Education Savings Grant that basically gives you extra money for contributing. And it can be transferred between children so if your oldest kid decides to travel the world instead of becoming a doctor, you can still pay for his education.
It doesn't hurt to save now especially if it is a 20 year bond or some other plan. If the kid doesn't need that money because of scholarship or military GI bill, then the kids will have a good starting nest egg for something else. It is a win-win for the kid.Wait until your kid's 15 and starts asking about it then tell him you just assumed he was going to join the military and that you won't be helping.
>=(
It doesn't hurt to save now especially if it is a 20 year bond or some other plan. If the kid doesn't need that money because of scholarship or military GI bill, then the kids will have a good starting nest egg for something else. It is a win-win for the kid.[/QUOTE]Wait until your kid's 15 and starts asking about it then tell him you just assumed he was going to join the military and that you won't be helping.
>=(
It doesn't hurt to save now especially if it is a 20 year bond or some other plan. If the kid doesn't need that money because of scholarship or military GI bill, then the kids will have a good starting nest egg for something else. It is a win-win for the kid.[/QUOTE]Wait until your kid's 15 and starts asking about it then tell him you just assumed he was going to join the military and that you won't be helping.
>=(
My parents just flat out told me they didn't have any money saved for me to go to college, let alone the university I wanted to attend. Couldn't get financial aid because they made too much. I wasn't allowed to talk to my grandparents about helping me out either. That's why I'm saving money for my kids. Even if they don't go to college it'll be something.Wait until your kid's 15 and starts asking about it then tell him you just assumed he was going to join the military and that you won't be helping.
>=(
Grue.
My parents made their own my through college, I'm making my own way through college. I absolutely hate the assumption that you can't put yourself through school. Biggest offenders of this? The Universities themselves.
Grue.
My parents made their own my through college, I'm making my own way through college. I absolutely hate the assumption that you can't put yourself through school. Biggest offenders of this? The Universities themselves.
Yeah, but I don't want my kids going to community college lol.One of my friends in a nearby city gets free tuition for his children at the university where he teaches. Does your professorship grant you similar options Chaz?
Grue.
My parents made their own my through college, I'm making my own way through college. I absolutely hate the assumption that you can't put yourself through school. Biggest offenders of this? The Universities themselves.
Grue.
My parents made their own my through college, I'm making my own way through college. I absolutely hate the assumption that you can't put yourself through school. Biggest offenders of this? The Universities themselves.