At some point during your children’s schooling years, you’ll need to discuss the prospect of post-secondary education. Many teens will want to pursue education beyond high school, whether it’s at a college or university, a community college, a trade school, or a specialized institution. When they do, you’ll want them to be as prepared as possible for the next step. While it’s up to your children to decide what their futures will look like, you can help set them up for success in the following ways:Â
Discuss Finances
As much as you might want to shield your children from discussions around finances, it’s important for them to understand that college can be expensive. That’s why discussing money early on can be essential.Â
You can let them know about any savings programs you’ve started for them, such as CST Spark RESP plans, which are ETF-based mutual funds, and the ways they can save for themselves. Don’t be afraid to discuss the ins and outs of tuition fees and student loans and offer budgeting advice. The more they know, the easier it can be for them to make wise financial decisions as they get older.Â
Develop Their Life Skills
You may take care of your children’s laundry, cooking, basic cleaning, and errands now, but they’ll need to do those things for themselves when they head off to college. As a result, it makes sense to have them develop these crucial life skills before they leave home.
Teach them how to cook simple meals, wash their own clothes, make appointments on their own, and perform all the chores they need to live comfortably and cleanly, such as vacuuming, cleaning bathrooms and kitchens, and disinfecting surfaces.Â

Build Good Academic Habits
Good study habits in secondary school can carry through to post-secondary education and may even help make learning new subjects less overwhelming. With that in mind, help your teens develop a consistent study routine that includes note-taking and test-prep strategies. If you believe they are struggling in this area, consider hiring a tutor.Â
Encourage Exploring Interests
From a young age, many children and teens know that they’ll pursue a university or college education. However, that doesn’t mean they yet know what for. That’s why encouraging them to explore their interests is so important. They can find out what they like and what excites them, which could help them choose the right educational path for them. As a parent, your encouragement can take the form of supporting their extracurricular activities, such as sports, arts, and clubs, and encouraging volunteering or part-time jobs.Â
Research Colleges Together
Change can be scary. For many teens, the thought of leaving home and going off to college is exciting but daunting. Help them prepare by researching colleges together. Compare different types of schooling, such as small colleges versus large universities, and visit campuses where possible.Â
You should also ask your teen about the environment they prefer, such as far away, close to home, rural, or urban. When they make their decision, they know that they’ve made it themselves, but with your support and encouragement.Â
Preparing your children for college isn’t about taking over the process to improve their chances of making all the right decisions. It’s about providing encouragement and support as you teach them what it takes for them to thrive on their own. Teach them about money, life skills, and robust academic habits, and they can have the fundamentals of success as they start their educational journey. Â