Episode 32- Education, Inflation, and RESPs

The Small Change Big Gains Podcast · Oct 3, 2023 · 18m

As October rolls over, many parents have most likely just paid their children’s college education bills (looking at you Sean). And while inflation is the hot topic spoken about in nearly every grocery store, café, and news-channel- (I recently was sitting with a friend at a café and heard a couple on their first date talking about how the rising cost of groceries made them re-think their dating habits!!) - an interesting fact is that the rising cost of education has drastically outpaced that of inflation and wage-growth.

For example, if you became a parent to a new-born recently, the cost of…