By starting a savings plan early, parents can reduce the burden of debt to pay for higher education
Despite concerns, only 35% take advantage of special education savings vehicles
Although the vast majority of Canadian parents save for their children’s education, many are concerned about how their kids’ educational costs will affect their own finances
Advisors should help clients discuss the importance of money management with their children
But students are thinking ahead and trying to save enough to be able to cover their academic expenses
Here are some ways to help your clients and their children save and budget for post-secondary education
Advisors have an opportunity to help clients fund a child’s post-secondary education
September is a good time to check in with your clients
Advisors can provide valuable counter-balance when boomerang children lean on aging parents
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