Categories: Kids and Money

4 Ways Parents Can Ensure Their Children Leapfrog Their Negative Financial Habits

Posted on: January 19, 2022

By Sheila Walkington, CFP® Co-founder and CFO Money Coaches Canada Money lessons start at home. Children and lots of young adults learn by watching and imitating their grownups. Just like teenage driving lessons, it’s all too easy to absorb mom … Continue reading →

Posted in Financial Literacy, Kids and Money


Should You Help Your Kids Buy a Home? 3 Questions You Need to Ask Yourself Before You Ante Up

Posted on: February 19, 2020

By Karin Mizgala, co-founder and CEO Money Coaches Canada     Buying a home, especially for first time buyers, has  become increasingly challenging over the last decades. In 1985, according to the Toronto Estate Board, the average home in the city … Continue reading →

Posted in Kids and Money, Money Coaching, Retirement savings, Will & Estate Planning


Give The Gift of Financial Independence this Holiday Season

Posted on: November 22, 2017

By Noel D’Souza, P.Eng, CFP® The holidays are a time of giving, but many Canadians are tired of spending money on “stuff” that is soon forgotten by kids and adults alike. As a result, there is growing interest in gifts that … Continue reading →

Posted in Investing, Kids and Money, Money Coaching


Financial Literacy Starts at Home

Posted on: September 13, 2017

By Sheila Walkington, Co-Founder and CFO Money Coaches Canada When it comes to topics of money and Canadians, Money   Coaches Canada has a great vantage point. Through our interactions with clients, our involvement with the media, our  frequent blog posts … Continue reading →

Posted in Kids and Money, Money Coaching, Relationship to money


Allowance: Tips on Giving Children Allowance

Posted on: July 6, 2017

You are standing in the check out line at the grocery store dreading the nagging you are sure to get from the kids about buying another pack of gum. All the stuff at the check out line is a total … Continue reading →

Posted in Kids and Money


A Powerful Framework to Teach Kids about Money

Posted on: October 5, 2016

By Kathryn Mandelcorn, FMA How we feel about money, and how we manage it, has a lot to do with what our parents did or did not do. We carry our money beliefs, positive and negative, from our childhood straight into … Continue reading →

Posted in Kids and Money, Relationship to money


6 Proven Ways to Teach Kids about Money

Posted on: June 30, 2016

Where did you learn about money? From school, from your parents, from a life of hard knocks?! Well, you as a parent are the most influential teacher your child will ever have, and specifically the mom when it comes to … Continue reading →

Posted in Budgeting and Cash Flow, Kids and Money, Relationship to money


What Are You Teaching Your Kids About Money?

Posted on: May 14, 2016

By Karin Mizgala, BA Psyc, MBA, CFP® “I wish I had learned more about money as a kid.” This is one of the most frequent comments I hear from clients. With financial literacy initiatives being instituted to teach kids about … Continue reading →

Posted in Kids and Money, Relationship to money


Have you had the talk?

Posted on: April 8, 2015

By Karen Richardson, FPSC Level 1™ Kids are surrounded by sexy advertising everyday. And although you think you are being discreet, they see all the plastic cards in your wallet; credit cards, debit cards, even loyalty cards. You know it’s just … Continue reading →

Posted in Kids and Money, Money Coaching


Ask a Money Coach: What’s the best way to save for my children’s education?

Posted on: August 20, 2014

What’s the best way to save for my children’s education? I’ve seen brochures on Group Education Savings plan in my doctor’s office – are these a good idea? Answered by Sabine Lay, money coach Education is one of the biggest expenses … Continue reading →

Posted in Ask Your Money Coach, Kids and Money