Past Event! Note: this event has already taken place.
Financial Skills: Children and Your Money
February 26, 2019 at 11:30 AM to 1:30 PM
|Location:||482 MacOdrum Library|
You have probably heard that raising a child from birth to adulthood can cost a few hundred thousand dollars. Given the rising cost of education, what are some places where you can cut back without depriving yourself or your children? How much financial assistance does the government provide while you’re on parental leave and while you have a minor under your care? What is the difference between individual, family, and group RESPs? How can you improve children’s financial literacy early on and help them establish good money habits? This workshop will tackle these and other related topics based on some of the latest available data from development psychology, behavioural economics, and finance.
- Learn how to estimate the Provincial Parental Insurance Plan and the Canada Child Benefit payments you will be eligible for.
- Know the difference between individual, family, and group RESPs.
- How can you help improve your children’s financial literacy early on?
- Learn how to spend less on your children without depriving them of important developmental stimuli.