When my second daughter was born, I knew that with two girls my life would be filled with pink tutus and ballet shoes for years to come and I was thrilled. Seven (almost 8) years later, we have two dancers and plenty of dance costumes and shoes strewn around the house.
And I love it. I love seeing the girls dance on stage and I even have become a Dance Mom (but not the crazy kind… YET).
I’m also a drama mom, a basketball mom, a piano and singing lesson mom and a hockey mom. Our evenings and weekends are filled with activities that our girls enjoy. So while our schedule is full, our bank account is not – extra curricular activities are expensive!
So is an education. I often wonder if we’re doing the right thing by spending a lot of money now to give the girls the experiences that they are getting through these activities while sacrificing their future education savings account. Average university tuition fees increased by 3.3 per cent to $5,772 a year for an undergraduate degree in 2013, and could be as much as $9,000 a year by 2026 (based on a 4 per cent year over year rate increase). Yikes!
She wants to be a hockey player when she grows up. She told me last week that when she “gets retired from hockey” she wants to then be a coach. I hope she reaches those goals but in the meantime, I’m going to do what I can to make sure that she has access to any educational opportunities that will help her and her sister fulfill their dreams. So we have been tucking away a bit of money here and there in RESPs. We’re lucky that the girls’ grandparents are also investing in their future education.
I’ll be working with our local hockey association to participate in the Beyond the Blueline program. I hope you will do the same in your community so that parents can continue to save for their children’s’ education AND kids get to participate in sports and activities they love.
Sorry, I have to run. It’s a busy night here with hockey, basketball AND dance… on the road again!
“Disclosure: I am part of the C.S.T. Consultants Inc. – Beyond the blue line blogger program with Mom Central Canada and I receive special perks as part of my affiliation with this group. The opinions on this blog are my own.”