Tuesday, November 26, 2013

Canadian parents willing to go into debt to put children in hockey: Are you? (with poll)

From The Calgary Herald:

"A Leger survey commissioned by CST Consultants, an RESP provider, showed that 61 per cent of Canadians say they, or someone they know, have borrowed money or used their retirement savings to put a child through hockey or other extracurricular activities.
The survey said average household spends $1,500 on hockey-related expenses – less than the typical Canadian household invests in
savings ($1,455 per year). Fewer than half of Canadian households have a Registered Education Savings Plan or RESP (45 per cent)."

Read the article from The Calgary Herald here.

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