Financial Literacy Month is Here!

Financial Literacy Month is Here!

Did you that November is Financial Literacy Month in Canada? The Canadian Task Force on financial literacy defined it as: “having the knowledge, skills and confidence to make responsible financial decisions at every life stage”. But what...
Allowance doesn’t have to be a chore!

Allowance doesn’t have to be a chore!

A question I get at nearly every speaking engagement and media interview is about allowance, and whether or not it should be tied to chores. There is no right or wrong answer: some parents want their kids to earn their allowance by doing chores around the house,...
Why isn’t financial literacy taught in school? 

Why isn’t financial literacy taught in school? 

“Why isn’t financial literacy taught in school?”That is the number one question I get from parents. And they’re usually shocked when I tell them that financial literacy is being taught in school!After two years of pandemic disruptions, kids are back in the...
Booksmart

Booksmart

For many of us, summer is a time for reading: on vacation, at the pool or beach, or on a park bench. I gravitate toward nonfiction and historical fiction. My son Justin is a voracious reader and has been challenging me to read other genres. So this...
Sorry, Cash Only!

Sorry, Cash Only!

When it comes to everyday transactions, there’s been a long-running decline in cash use and a broad shift to e-commerce and virtual payments, accelerated by the pandemic, for the following reasons: Cash is inconvenient. Unless you’re paid in cash, you...
Buy Now, “Pain” Later

Buy Now, “Pain” Later

Hi there,Have you noticed how many stores and online shopping sites now offer the option of paying by installments? Have your kids asked to use these services?Called “buy now pay later (BNPL)” services (or point-of-sale loans) these services have earned...