When our child first became a part of our life, we felt nothing but a strong need to protect said child and made a promise to ourselves to do whatever we can in order to keep our child happy. So, we start out by getting them toys, the best clothes and whatever comforts we are able to provide them, and usually even sacrificing our own happiness for the sake of theirs. Another important aspect of parenthood is to make sure that we are always thinking ahead and planning for our children. This includes finding the best school, the best summer camps and the best co-curricular activities for our child and so on.
One more thing we need to consider and think about beforehand is whether or not we want to save up for a college education. College educations are really expensive, and it can take years of saving in order to have enough money to afford a college education, and you might wonder if a college education is really worth it, but the truth is that a college education is really important.
There is a lot of competition in practical world now, and hundreds of people are competing for a few job openings everywhere, and you want to make sure that your child is able to stand out enough to get good job opportunities, and a college degree does just that. So, a college degree is more likely to improve your quality of life, especially when you first enter the job market. So, while college education is expensive, it is not entirely out of your hands. Companies like Knowledge First Financial are present to provide you an RESP for your child, allowing you to be able to save money form early on, so as time goes on, you can accumulated enough money to be able to afford a college education for your child.Read More