Top 10 Ways to Teach Your Child About Investing
7 min read
Investing $8/day into the S&P 500 for the next 18 years for your child, assuming an average annual return of 7%, your investment could grow to over $100,000.
1 - 24 of 982 posts
Charitable Impact Launches Charitable Allowance to Help Kids Learn Generosity
4 min read
A fun digital tool empowering parents to teach kids the joy of charitable giving and smart money habits. Charitable Impact, Canada's most accessible donor-advised fund platform, has launched Charitable Allowance, a new tool that helps youth learn about giving back while building financial literacy. Designed to help make it easier for parents to raise socially…
6 Ways to Beat the Holiday Blues: Single Parent Edition
6 min read
Do you remember how delightful Christmas was when you were little? If the countdown to Christmas is stressing you out, it just means you’ve grown up! Read these tips to reclaim the magic of the holiday season. Holiday Planning Like a Pro There’s a plethora of preparation involved for Christmas when you’re the only one…
Achieve Higher Relationship Satisfaction through These 6 Financial Planning Tips
5 min read
Financial stress is the main source of conflict among couples. Arguments over who makes more and who spends more gets even more complicated when you add in the challenges of raising children. Effective financial planning is a vital tool for fostering higher relationship satisfaction and avoiding the inevitable stresses. Read here about was financial planning…
Overwhelmed and receiving little support? Have you considered applying for
5 min read
As parents, it is our innate nature to do all we can to support and nurture our children’s development. There are so many stresses, hurdles, and concerns. Parents with children with disabilities or medical conditions have overwhelming pressure both emotionally and financially as they struggle to find support and put in place early interventions. Getting access to testing,…
Money Talks: The Beginner’s Guide To Investing For Kids
5 min read
Financial literacy is an essential skill that helps children develop money management skills, promotes financial independence, and enables them to make informed financial decisions. It is important for children to learn about Financial concepts and principles at an early age to set them up for financial success as adults. The lack of financial education is…
Teaching kids healthy financial habits
4 min read
A good lesson for children to learn early on is the power of saving. That $20 bill Grandma gave them can supplement their allowance, allowing for a bigger purchase in the future if they save it now. To help demonstrate the benefit of saving, brainstorm some ideas with your child about what they might want…
Top 5 money books for your kids
4 min read
You can kickstart financial literacy at home with books designed for every age to teach your kids the ins and outs of money management.
Good Reasons To Take Out a Personal Loan
4 min read
Here are some things to consider when getting a loan.
Mydoh helps children manage their finances
6 min read
If you’re looking for a helpful app to get started check out Mydoh, powered by RBC. It is a helpful tool to educate and show your children the comings and goings of their money while learning how to make smart money choices. It’s a money management app and Smart Cash Card (which includes a digital…
Alexa, How Do I Teach Mini Millennials About Money?
3 min read
silent alarm of a much-needed diaper change. While you and your other half grapple with who’s taking the night shift and who gets some extra shuteye, a conversation about money will feel like your last priority.
8 Financial Resolutions for Parents (and Those Who Want to
6 min read
Providing for a family is stressful. Minimizing debt, creating a budget and saving for post-secondary education ASAP are strategies that can help.
How to Instill a Positive Attitude Towards Money in Your
3 min read
Financial psychologist Bradley Klontz and his partner Sonya Britt believe the answer to that question is as complicated as we are. They say that the way we respond to money and the world around us is shaped by the generational forces of our family, culture, and socioeconomic backgrounds.
Disability Tax Credit Advice for Parents with Children with Learning
7 min read
Do you have a child with a learning disability or ADD/ADHD? Is it putting an enormous financial burden on you? If yes, then this article is a must-read, because there is hope and relief for you in the form of the Disability Tax Credit! For over 30 years, the Disability Tax Credit has helped disabled…
Are you ready for post-secondary schooling costs?
3 min read
The thought of post-secondary education can be terrifying for parents. The idea of their children leaving the nest and becoming adults, coupled with the fear of the, potentially, enormous education bill makes any parent concerned. As we all know, the cost of post-secondary education increases annually. If your child is currently five, the cost of…
Post-Secondary Education Cost Gives 73% of Canadian Parents “Sticker Shock”
3 min read
Parents Don’t Know the Full Costs of Post-Secondary and Don’t Have a Written Plan - Says Ipsos and Knowledge First Financial Recent findings from an Education Savings Week Ipsos1 Survey commissioned by Knowledge First Financial found that Canadian parents do not know the full cost of a post-secondary education. Two-thirds of parents of children aged 12 and…
Kids are getting the money tools, but not learning how
4 min read
Kids are starting on the money track sooner than their parents did, but it’s not helping them to manage money on their own any sooner, says a new CIBC poll. The poll, which surveyed Canadian parents with children aged 24 or under, found that on average, kids are opening bank accounts, receiving allowances, managing their…
Tax time benefits for parents!
4 min read
The ‘job’ of being a parent comes with many benefits. From re-experiencing the world through the curious eyes of your little one, to always having an excuse if you want to skip a night out with friends (sorry, staying in—couldn’t find a babysitter!), you see the positive aspects of parenting. However, most parents will also…
