Kids - A thread for bragging, venting and, advice.

[OldTimeHockey]

Is $21.25K per year enough for school? Probably not, according to Macleans the average annual cost of post-secondary in Canada is currently $19.5K per year. At 2.5% inflation over 11 years when my oldest is 18 that $19.5K inflates to $25K.

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My daughter just finished her 4th year of university. With Books, Tuition and whatever else the university came up with to pass down to the students, She averaged around $9000 a year.

Like Nik said, things get expensive when you move out of town and have to pay rent or stay at the dorm. My middle daughter is due to start in 2019. We'll see how much that changes as it looks like she'll be heading out of town.

Thanks for posting that.  My oldest son is about 4 years away.  Post secondary scares me more than retirement at this point.  Need to get the three of them through and have them become productive members of society.  Seemed so far away 13 years ago.  .

It certainly does seem like the impossible but with some careful planning and saving, it's not too bad.

 

[OldTimeHockey]

Is $21.25K per year enough for school? Probably not, according to Macleans the average annual cost of post-secondary in Canada is currently $19.5K per year. At 2.5% inflation over 11 years when my oldest is 18 that $19.5K inflates to $25K.

\

My daughter just finished her 4th year of university. With Books, Tuition and whatever else the university came up with to pass down to the students, She averaged around $9000 a year.

Like Nik said, things get expensive when you move out of town and have to pay rent or stay at the dorm. My middle daughter is due to start in 2019. We'll see how much that changes as it looks like she'll be heading out of town.

Thanks for posting that.  My oldest son is about 4 years away.  Post secondary scares me more than retirement at this point.  Need to get the three of them through and have them become productive members of society.  Seemed so far away 13 years ago.  .

It certainly does seem like the impossible but with some careful planning and saving, it's not too bad.

Our two daughters(3rd isn't old enough yet) both started working at 15. We allowed them to contribute to their university funds. We viewed it as a perfect way to show them that when you save for the things you want, they become attainable.

So at this point, half of each of their pay cheques go into a savings account. On top of that, we put in a set amount monthly into each of their RESP's. We also allowed each of them to use that savings account to purchase their first car(which we paid half for).

Although many have different methods of raising their children, and it's not something that people should really impose on others, we personally felt it was important for them to contribute.

 

[Bullfrog]

I wish I could save into an RESP and/or an RRSP. Just not possible at this time.

I'm hoping my kid becomes a successful YouTuber or professional athlete.

 

[OldTimeHockey]

I wish I could save into an RESP and/or an RRSP. Just not possible at this time.

I'm hoping my kid becomes a successful YouTuber or professional athlete.

My youngest has no interest in school and also hopes she becomes a professional athlete.  ;D

 

[Frank E]

I wish I could save into an RESP and/or an RRSP. Just not possible at this time.

I'm hoping my kid becomes a successful YouTuber or professional athlete.

Don't wait until you're my age, make it a priority.  I'm playing catch up...should have really started years ago.

 

[Arn]

Leafs Nation is one member stronger this evening as our little fella finally decided to arrive 6 days behind schedule. Absolutely delighted, exhausted and emotional. And I think his mum is a bit tired too!

 

[Frank E]

Leafs Nation is one member stronger this evening as our little fella finally decided to arrive 6 days behind schedule. Absolutely delighted, exhausted and emotional. And I think his mum is a bit tired too!

Congrats man!  Bye bye money!

 

[WhatIfGodWasALeaf]

Congrats Arn!

 

[OldTimeHockey]

Congratulations!

 

[ZBBM]

Well done. Now you'll have another reason to be up in the middle of the night besides watching the Leafs play.

Give little Wendel a hug from all of us.

 

[hockeyfan1]

Any chance he'll be a Leaf one day? 

Congratulations to you and the Mrs. 

 

[Zee]

Leafs Nation is one member stronger this evening as our little fella finally decided to arrive 6 days behind schedule. Absolutely delighted, exhausted and emotional. And I think his mum is a bit tired too!

Congrats Arn!  Remember to indoctrinate him in all things Leafs so even if he isn't drafted by Toronto he'll eventually pull a Tavares cause he loves the Leafs so much.

 

[herman]

Did you name him John Tavares?

 

[Zee]

Traveling around with the family. We're in New Brunswick, drove all the way here. Going out to PEI, lots of moose crossing signs out this way.

 

[Arn]

Did you name him John Tavares?

Close... Joshua  ;D

Thanks all. It's been a whirlwind week and it's funny how you already can't recall what life was like before he came along

 

[herman]

Did you name him John Tavares?

Close... Joshua  ;D

Thanks all. It's been a whirlwind week and it's funny how you already can't recall what life was like before he came along

Isn?t sleep deprivation, intermittent loud noises, and getting doused with fluids all part of the advanced interrogation playbook?

 

[rdowdall]

Did you name him John Tavares?

Close... Joshua  ;D

Thanks all. It's been a whirlwind week and it's funny how you already can't recall what life was like before he came along

The best advice I can give you on parenting is to not take any advice on parenting.  Do what works best for you and yours.

 

[Bill_Berg]

Did you name him John Tavares?

Close... Joshua  ;D

Thanks all. It's been a whirlwind week and it's funny how you already can't recall what life was like before he came along

The best advice I can give you on parenting is to not take any advice on parenting.  Do what works best for you and yours.

And it's okay to get mad and frustrated. Also crying is fine. And the fetal position from time to time.

 

[Bates]

Just remember that only one parent should meltdown at a time,  the other then needs to be the voice of reason. Positions will be switched regularly until ... well forever!!

 

[Zee]

At Peggy's Cove, NS