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Calculate the Cost of Your Childs Post-Secondary Education Sooner than Later
The high cost of post-secondary education is something I know too well.
Education has been important to me since I was a young child and being the first of my family to graduate from University was a dream I longed to fulfill. And, I LOVED University. It made me happy, it made me excited about learning, reading and writing. I loved my Undergraduate degree so much that I applied for a Master’s Degree and completed my Bachelor of Education. All three degrees were amazing. They expanded my mind, changed the way I looked at the world and gave the skills for a success career. BUT, they were EXPENSIVE. I worked two jobs through University and still ended up with $70,000 in student loans.
Yes, you read right, $70 000.
An insurmountable amount of money, and a debt I have been paying off since the minute I graduated and I can tell you that 12 years later I am STILL paying.
When I got pregnant I promised myself that things would be different for my boys, that they would not be saddled with the debt I did. Plus, with twins I knew that if I didn’t start saving now I wouldn’t have enough money later. I began saving that first year.
When I got pregnant I promised myself that things would be different for my boys, that they would not be saddled with the debt I did. Plus, with twins I knew that if I didn’t start saving now I wouldn’t have enough money later. I began saving that first year.
Want to calculate what your child(ren)’s education will cost? Use Heritage Education Funds’ Calculator to Calculate the Cost of Your Child’s Post-Secondary Education to see what the estimated cost is to help you to plan for their post-secondary education
Want to get started? Heritage Education Funds sets out the lessons you need to understand your RESP and get you started with a Heritage Rep to save for your child(ren).
The cost of higher education is sky rocketing and you really do have to begin to save for your childs education almost as soon as they are born!
Michele recently posted..Book Review-The Devil’s Violin-Art Johnson
Got to start planning it as soon as they’re born, want to make sure you’re prepared.
I have a masters (also in education) and 50,000 in debt that is SO literally overwhelming to me. . . it is really difficult and daunting. Congrats on your degree and being the first!
Jen Temcio @dapperhouse recently posted..How to Cook Perfect Spaghetti Squash in 15 minutes or less every time in the microwave
Fantastic information on helping to plan for our kids’ higher education.
Platter Talk recently posted..Blueberry Crumb Bars
That is good information to know. I am just starting to think about preschool.
Michelle F. recently posted..Move & Groove Toddler Game by ThinkFun, Inc
Good information! I will have to think about all of this for my two girls!
Debra recently posted..Kabobs and Snacks
I will have mine paid off this year, but I only have a bachelor of science. It is insightful especially since I have two little kids that I hope will go to college one day!
Heather recently posted..Get Pinned! #Pinterest Blog Series
It kills me to think about how much it will cost our kids to go to college. It is expensive enough for us to go! But it is important to remember and think about it and start saving.
I so need to do this, with 5 children we really have not contributed much to a college fund, we have a plan but really haven’t put it into play yet.
Mama to 5 BLessings recently posted..Maleficent Was Magnificent!
We have family members that are going through this debt right now.. i really do not see any way around it unfortunately.
It’s absolutely terrifying! My son is about to start paying his student loans and I’m so worried for him. His aren’t quite that high, but even so, it’s going to be so hard for him to survive.
Liz Mays recently posted..Making a Vacation Perfect for YOU #AlamoDriveHappy
This is totally a fact, my auntie in united states told us that secondary education and college there is very luxurious. As what you have told in this blog, I could barely say all of them are true. I love schooling and for me its one of the best stages of life.
Kenneth Agudo recently posted..What Makes One Direction So Popular?
Student debt accumulates so quickly. I’ve got a mountain of it about to come due myself. School has been awesome though, for sure!