How should parents financially plan for raising kids? - BNN Bloomberg

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Parents at all income levels should understand their cash flow when financially planning for their kids, according to a personal finance expert.

. That number increases by 29 per cent if parents continue to support their child financially through postsecondary education until the age of 22, Statistics Canada said.

“We, of course, have fixed expenses that we have no control over, but we obviously have discretionary expenses,” Seberras said in a Thursday television interview.

 

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