Plan ahead for educational costs

18 October 2006

Contributing early and often can lessen the costs of schooling

Globe and Mail, Tony Martin

Although he’s only eight years old, Alexei Muzyka is already sitting on a nest egg.

No, he isn’t precocious enough to understand the benefits of investing early to enjoy the benefits of long-term compounding. But that’s not to say the Saskatoon youngster won’t come into some financial smarts before his peers do. His parents will likely offer home-schooling lessons in the subject of personal finance.

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