Join us this week as we discuss the high cost of college with noted personal finance expert Rob Carrick. We talk about how much the average university education costs, and discuss just how much parents should pay (or not pay) for their child's college diploma.

Show notes: http://moneymastermindshow.com/episode5/

Key Takeaways From This Episode:

With rising school costs, is it essential that parents help their children pay for their post-secondary schooling?

If parents want to financially help their kids, what is an appropriate or ideal amount of help?

Should putting money away for your child's education take priority over saving for your retirement?

Is it realistic to assume young adults can still work their way through college or university?

Is it right attach "strings" or expectations to financial help?

Why communication about financial realities between parent and child is so important.

Items/Services Mentioned In This Show:

How Not To Move Back In With Your Parents: The Young Person's Guide To Financial Empowerment by Rob Carrick

Panelists:

For a quick bio of each of our show participants, head on over to our panelists page. http://moneymastermindshow.com/panelists/

Special Guest: Rob Carrick | RobCarrick.com

Glen Craig | FreeFromBroke.com

Kyle Prevost | YoungandThrifty.ca

Miranda Marquit | PlantingMoneySeeds.com

Peter Anderson | BibleMoneyMatters.com

Tom Drake | CanadianFinanceBlog.com

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