Financial Post

The Kids Are Not All Right

…whose responsibility is it to educate today’s youth in responsible financial planning? Arguably, parents are having a tough enough time managing their own finances and may lack the skills to educate their kids.

ING

Are Canadian parents good financial role models? 25% grade themselves a ‘C’

Parents usually know best, but when it comes to setting a good financial example for their kids, a quarter of Canadian parents give themselves a ‘C’. A new survey from ING DIRECT revealed that while 92% of Canadian parents believe they should be responsible for teaching their kids about money, 61% feel they could be doing more to educate their kids about the basics of saving and spending.