In this recent article in the Globe and Mail:  Should young Canadians with home ownership dreams keep dreaming? It discusses that the average home in Canada will be $553,000 in 2020, and saving 5% down could be a tall test…I don’t disagree.

I really enjoy the part about budgeting.  But this might not be enough.

I think as parents, we can really set up our kids to win.  Whether it is helping pay for school, or a down payment on a home…we have the means to help them, if we start early in their lives.  Whether it is a RESP or some sort of savings…we can really help them.

What are your thoughts?  I know I have a financial planner, who’s knows it is one of my goals to assist my children this way and has made a perfect plan to achieve this.