Beyond The Blueline – Hockey vs Education

 How Do You Save For Post Secondary Education?

Education is very important to me and when I was expecting my first child, my hubby and I felt that we should make sure that there was money put aside for our children’s post secondary education.  At that time it seemed like years away.  Skip ahead and three boys later, what we had put away was a nice cushion for each son.  We did this through saving the monthly baby bonus and I had a the opportunity at work to have an optional payroll deduction taken bi-weekly that went to a savings account.  I wasn’t at all worried about their education because the money was being stockpiled and they were a long way from the college years, then came hockey!


Beyond the blueline


A Recent Survey Done By  Canadian Scholarship Trust (CST) Shows That:

-  89% of parents surveyed believe it is important for parents in Canada to help their child pay for their post-secondary education

-  3 out of 5 Canadian parents, that’s 61%,  say they, or someone they know, have borrowed money or used their retirement savings to put a child through hockey or other extracurricular activities

-  36% believe paying for extracurricular activities, such as hockey, is more important before saving for post-secondary education


About CST

The Canadian Scholarship Trust Foundation is a non-profit organization that has been helping families save for post-secondary education for over fifty years. As a wholly-owned subsidiary of the Foundation, C.S.T. Consultants Inc. (CST) is the distributor and manager of the Canadian Scholarship Trust Plans. Focused exclusively on growing and protecting its planholders’ savings, CST currently manages $3.8 billion in assets for over 280,000 Canadian families. CST boasts a sales force of 640 located across the country. The Canadian Scholarship Trust Foundation offers its own awards for academic achievement and community engagement to those students in their Group Plans who are pursuing graduate studies. For more information about RESPs at CST go to or follow us on twitter @cstconsultants and like us on Facebook.


Putting Hockey Before Education

Keeping my kids active and healthy has always been a big deal to me.  I wanted my boys to have every opportunity to engage in whatever extracurricular sports they could.  This included hockey, basketball, curling, soccer and baseball and that’s not to mention the school sports teams they were apart of.  My boys were very athletic and were involved in it all, but hockey was their true passion.  I always supported their desires and dreams but I wasn’t prepared for how costly having one boy in hockey could be, let alone three.  I have to say that having three boys did work to my advantage at times, because, they could pass down their skates and equipment but the initial cost was staggering.  Sometimes one boy grew quicker and I would have to gear him up from head to toe again.  Paying for registration fees, tournaments, equipment, travelling and meals quickly ate up a months pay to start the season off and continued to throughout the winter.  On occasion I did dip into the education fund and that left me short of funds for schooling.  I really wish I had looked beyond the blueline and known more about the Canadian Scholarship Trust Foundation and RESPs at that time.   Of course, I managed by using my credit line but planning ahead a little more would have been a better option.


Beyond the blueline


How To Save For Post Secondary Education

I have the opportunity now to save for my youngest child’s education and I will definitely do it different this time!  Although, she is involved in extracurricular activities like gymnastics, the cost is nowhere as high as hockey.  I will not be putting her extracurricular activities before her education.  I have learned the hard way and this time the money will be put away for RESPs.  Before I know it, she will be going to college and I want the money to be there.  She wants to be a doctor when she grows up (yesterday she wanted to be a fireman), who knows what she will be but I will support her and her dreams by making sure she gets the education she needs.  I will not encourage multiple activities that ding my pocket book but I will allow her the one activity that she loves.  There are many things I can find to keep her active without compromising her education fund. 


The Canadian Scholarship Trust Plan Initiative

CST loves hockey but they also believe in the importance of saving for post-secondary education. They are launching a new community education initiative where inviting hockey communities – teams or associations – to tell them what they’re doing for their community and to encourage the educational success amongst their players. By sharing your story, you will get the chance to compete for $10,000 to go towards your program and help alleviate the cost of hockey for parents. You can learn more about this initiative at


Twitter Chat hosted by CST

If you’d like to learn more and have a chance to win some great prizes, there will be a Twitter Chat hosted by Canadian Scholarship Trust plan on December 17th at 9pm EST where they will be discussing the cost of hockey vs. education and RESPs.

Come join @CSTConsultants, @beyondtheblueline and @THNKenCampbell on December 17th at 9pm EST where they will be discussing the cost of hockey vs. Education and RESPs.   Follow hashtag #hockeyvseducation – we’ll also be giving away 5 – $50 VISA gift cards

Have you thought of saving for your kids post secondary education?  What measure have you taken?

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.


10 Comments on Beyond The Blueline – Hockey vs Education

  1. Lynn Mathieu
    December 14, 2013 at 9:10 pm (1 year ago)

    Well,I live in Quebec,so it is very inexpensive here and we also have a savings for both our boys too.

    • Dawn Trudeau
      December 14, 2013 at 9:55 pm (1 year ago)

      That’s great Lynn! You are definitely one of the wise parents to have put money away for education.

  2. Elizabeth Matthiesen
    December 23, 2013 at 11:00 am (1 year ago)

    I had 3 of my 7 children in hockey (20 yrs ago!) when we moved to MB, they loved it and we continued on moving to Germany. I am shocked at how expensive it is these days. A grandson has just started training, loves every minute of it but the cost is staggering. I don’t see how people can afford these prices if they have more children and don’t have cash to spare. Since the cost of living is so high these days it really does mean sacrifices, do we eat or play hockey, do you go to Uni or play hockey. Uni is also very expensive these days. 5 of my children went to Uni, I am sure that today none of this would have been possible for my children and that is a crying out shame.

    • Dawn Trudeau
      December 23, 2013 at 7:35 pm (1 year ago)

      It sure has become expensive and I believe that’s why many parents can’t afford it or they go ahead and pay for hockey and let saving for education slid thinking it’s in a distance.

  3. Erin W
    December 28, 2013 at 1:31 pm (1 year ago)

    My daughter is still a toddler, so organized sports are a few years off, but I have already started thinking about how we will be paying for whatever she chooses to do. We are already saving for her education, but I think I need to start saving for her extracurriculars too!

    • Dawn Trudeau
      December 29, 2013 at 12:18 pm (1 year ago)

      That’s probably a very good idea Erin. Time does fly and before you know it your toddler is in college.

  4. Melanie Cram
    January 9, 2014 at 9:59 am (1 year ago)

    Such an inspiring article :)


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