First you were putting on their diapers. Then you walked them to their kindergarten classroom. You helped them with their math homework. You listened to their loud music through the walls. Are you ready for what comes next?
Post-secondary education tuition can cost over $6,000 per year.1 If you have multiple children, you are looking at a lot of money if you are planning on helping them out. How can you make this process easier?
Running a single-person household has a unique set of challenges. Not only is there the emotional pain of separation, a new host of financial problems can arise.
Many people will offer you advice on which investments to buy. But there's more to your financial life than your RRSP. Estate taxes, income taxes and education funds for your children are just some of the other complex aspects of your total financial picture.
Personal financial planning focuses on you as an individual – bringing together all the financial and psychological factors that have an impact on your life.