WealthBeing

Ep. 29 – Get an A+ in affordable education, with Dan Adair


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When it comes to putting a child through school, the first lesson is really for parents – and grandparents! From kindergarten through post-secondary years, you’ll be presented with dozens of optionsto meet basic needs and provide enriched experiences - most which have a price tag attached. This week, Derrick and Travisasked Island Savings Branch Manager, Dan Adair,back to the show as they examine which factors will help you make affordable education decisions.  

1:15 Money Problem: One forward-thinking student and her grandparent couldn’t see how to make her dream of becoming a nurse a financial reality. 

3:50 Expert Examination:Travis, Derrick and Dan Adair dig into the costs of schooling and provide strategies to manage the expenses: 

  • Private school, homeschooling, extra-curricular experiences, etc… What expenses to prepare for from kindergarten through grade 12. 
  • Tuition, housing, fun and more! What post-secondary studycould cost. 
  • Simple strategies to cut-back on education costs. 
  • How to make, find, and borrow money to afford your education. 

29:38–Weekly Financial Fix:There may be money waiting for your child to claim! Travis assigns some homeworkthat you’ll actually want to do! 

 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrickyour question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode. 

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WealthBeingBy Island Savings - Valley First - Envision Financial - Enderby & District Financial | Divisions of First West Credit Union