It’s called generation gap for a reason. Today’s teenagers are the richest, most networked generation in history and, as every parent knows, they love to spend money. Their spending is a way to assert their independence, to socialize and to establish their identity – behaviours that are embraced and encouraged by advertisers of everything from […]
When your kids are young, it seems like post-secondary education is in the far-away future. But college and university are more important then ever, if we want our children to be successful. And yet the cost of a post- secondary education keeps growing. In 2013/2014, the average annual undergraduate university tuition in Canada for a […]
Invest in your child’s future A post-secondary education can be expensive. To manage these costs successfully, you need an effective, flexible savings plan. An effective way to save for your child’s post-secondary education is with a CIBC Registered Education Savings Plan (RESP). How much can I invest? The lifetime RESP contribution limit is $50,000 per […]