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P Tackling expensive post-secondary education funding Dollars & Sense Peter Watson Guest Contributor 13 | Thursday, August 29, 2013 | OAKVILLE BEAVER | www.insideHALTON.com arenting young children is becoming increasingly more dif cult. Along with providing homework help, you also have to plan how to possibly pay for that expensive post-secondary education. This is the time of year when children begin their annual pilgrimage to the land without parental intervention called university. This is good for the children but nancially dif cult for parents. Parenting takes time ­ and then suddenly that time has passed. You help and nurture so they will blossom and mature. When they eventually do, you cannot believe it happened so quickly. If you think university might be expensive, try leaving the payment for university to the year your child actually enrols. Some families may have two or three children in university at the same time. This is a good time of year to do the arithmetic of assisting your children with postsecondary education. For starters, community college is less expensive. If your child goes to Sheridan College, the annual tuition is less than that for university. Transportation away from Oakville is eliminated if your child lives at home. In a previous column on this subject, we suggested each year away at university could cost $25,000. The total cost is $100,000 for most degrees taking four years to complete. Add in ation of three per cent per year and 18 years from now, your baby will be ready for university at the in ated cost of close to $175,000. Enrolment for three children would cost more than $500,000. Maybe you have children who want two degrees? These add up to some big numbers. Family planning has suddenly taken on a new dimension. see Planning on p.18 Crown jewels at auCtion PUBLIC AUCTION BULLETIN Has the Queen fallen on hard times? Is she liquidating? Too many diamonds; too much gold around the palace? Time to cash in? Not quite. The jewels for sale at auction belong to the crown technically, but they are not exactly from the Queen's vault. As a matter of fact they are more likely to come from an entirely different kind of character. Generally they have been seized by the government from a tax defaulter, from a criminal apprehended for dodgy fraudulent investment schemes, or even from a collection previously belonging to a wealthy contraband dealer. the items are offered at a live public auction, bidders can get them for less than the wholesale price. Seizures have been increasing in the last few years and fewer bidders are attending government auctions, so the deals can be quite excellent; especially with Asset Auctions, Canada's leading government jewellery auctioneer. Anyone interested in beautiful jewellery at amazing prices should plan to attend and take note of the special live public government auction information below. GOVERNMENT AUCTION ANNOUNCEMENT We're celebrating Gerber®'s 85th birthday ­ and we want you to be there! Join us on Facebook and get a coupon for $1 off any Gerber® product.* Visit Facebook.com/GerberCanada to get your coupon! * While quantities last. Valid only in Canada. Store coupon. Not valid with any other offer. Limit (1) coupon per customer. Expiry date: December 31, 2013. Coupon void if altered, transferred, copied or reproduced without the consent of Nestlé Canada Inc. Have questions? Feel free to reach us at 1 800 387 4636 Monday to Friday between 9 a.m to 6 p.m. ET. 25 Sheppard Ave. West, North York, ON M2N 6S8. All trademarks are owned by SOCIÉTÉ DES PRODUITS NESTLÉ S.A., VEVEY, SWITZERLAND; or are used with permission. is a division of ASSET AUCTIONS In other cases Rolex watches, Cartier diamonds, and beautiful rubies and emeralds are seized by police authori- Glen Abbey Golf Club, 1333 Dorval Drive ties or customs officials. Expensive cars are repossessed Oakville, Ontario. by finance companies and put on the auction block. It may be sad for the characters who have lost these items but it Sunday, September 8th, 2:00 PM (Viewing 1:00 PM) can be really good news for you and me. www.assetauctions.ca Authorities are usually interested only in recovering a certain minimum amount of funds in these cases, so when Your next Monday morning story starts this Saturday. For great stories to tell next Monday, go cycling, kayaking, horseback riding or hiking this weekend in Central Counties. Pursue your passion for adventure just a stone's throw away. Oh, and please share your stories with us when you return. Visit centralcounties.ca & plan your weekend today!