Categories: Kids and Money
4 Ways Parents Can Ensure Their Children Leapfrog Their Negative Financial Habits
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
Should You Help Your Kids Buy a Home? 3 Questions You Need to Ask Yourself Before You Ante Up
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
Give The Gift of Financial Independence this Holiday Season
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
Financial Literacy Starts at Home
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
Allowance: Tips on Giving Children Allowance
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
A Powerful Framework to Teach Kids about Money
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
6 Proven Ways to Teach Kids about Money
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
What Are You Teaching Your Kids About Money?
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
Have you had the talk?
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
Ask a Money Coach: What’s the best way to save for my children’s education?
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