Month: September 2021
35. Planning for Your Children’s Post-Secondary Education? Don’t Wait to Start Saving

35. Planning for Your Children’s Post-Secondary Education? Don’t Wait to Start Saving

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We all know that time flies, especially when your kids are growing up.

That’s why looking at college costs, which can be significant, is better done sooner rather than later.

In this episode, Kris Dureau discusses everything around the Registered Education Savings Plan (RESP) and ways parents can use them to save for their child’s post-secondary education. Kris examines the basics of the plan, the tax savings, and even the options for parents who open an RESP account but their child decides not to attend school.

Kris discusses:

  • Types of RESP accounts
  • The tax benefits that come from having an RESP
  • Reasons why you must pay attention to RESP-related risks
  • Three options for parents who opened an RESP account but their child decides not to attend school
  • And more!

Connect with Kris Dureau:

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34. Parents As Roommates? 5 Things To Consider Before They Move In With You

34. Parents As Roommates? 5 Things To Consider Before They Move In With You

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Are you thinking about inviting your aging parents to move in, but you’re not sure if it’s the right decision?

In this episode, Kris Dureau shares five things to consider before your parents become your roommates. He points out factors that, all too often, adult children aren’t aware of before making this big decision. The best part is that this advice applies to a variety of health situations and family types.

Kris discusses:

  • The first thing to consider before inviting your parents to move in
  • Why and how to incorporate health and money into the planning process 
  • Pros and cons of having parents live with you (and other options)
  • The benefits of having a family meeting before making this decision
  • And more!

Resources:

Connect with Kris Dureau:

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | TuneIn | RSS | More

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