Proud to be a woman

March 8, 2014 by Leave a comment

Not too long ago I remember thinking that we, women inconvenienced ourselves by asking for equality with men. I was a sleep deprived mother of two young children trying to juggle high profile career, motherhood, marriage, and other commitments. I envied women from the past, thinking that they had it ...

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Recipe for raising a financially-literate kid

March 5, 2014 by Leave a comment

 

Do you want to raise a financially savvy kid?

If yes, you should read my recipe that I wrote for Kids in the Capital - parents & kids website:

Recipe for raising a financially-literate kid

Preparation time:  20 years

Ingredients:

  • At least one child (more if you ...
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Teaching delayed gratification and saving

February 25, 2014 by Leave a comment

I just read an article by Tamar Satov  for CPA magazine Financial Decisions Matter. She is considering giving her eight year old son an allowance raise, but wondering if that will lead to him spend more rather than save. She shares that her son has learned a lot ...

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Get your tax return done for FREE

February 13, 2014 by Leave a comment

Every February and March the Chartered Professional Accountants of Ontario run a tax clinic community program. Their volunteers provide assistance in preparing income tax returns, free of charge. This service does not include tax advice.

In order to take advantage of this free service, you have to meet specific criteria. ...

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Published in Free Stuff, money, Save Money, Tax

How to Explain Foreign Currency to Kids

December 30, 2013 by Leave a comment

Over the holidays we had very dear family friends visit us from abroad.  They gave our kids money instead of gifts.  Our children were so excited and didn’t realize that they got Euros instead of Canadian dollar bills. All they talked about was the toys they will buy.

I thought ...

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Prepaid Credit Cards for Kids & Teens – Yey or Ney? (Part 2 of 2)

December 18, 2013 by Leave a comment

To read the first part of this post, please click here.

Disadvantages:

• Prepaid credit cards cannot be registered for regular or recurring payments like your mobile phone or cable bill. • A car ...

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Prepaid Credit Cards for Kids & Teens – Yey or Ney? (Part 1 of 2)

December 17, 2013 by Leave a comment

In light of upcoming holidays a dear family member asked me if I thought it would be a good idea that she gifts my children prepaid credit cards such as MasterCard, Visa, etc. She explained that she wanted to gift them something that will teach them about financial literacy.

I ...

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Letter to Santa can provide financial lessons

December 11, 2013 by Leave a comment

Who would think that kids can learn financial lessons by writing a letter to Santa? These lessons are fun and interactive. Here is what you need to do.

Provide your kids with lots of flyers. The really good ones are from Toys R Us, Mastermind Toys or Wal-Mart. Talk to ...

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A Letter To My Parents From My Tween Self

November 23, 2013 by 2 comments

Have you ever wondered what to talk to you tweens about when it comes to money? What is it that they want to know? Well, wonder no more! You can find out what tweens want to learn about personal finance from my letter that I wrote for Tweenhood online magazine.

...

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The Importance of Financial Literacy

November 15, 2013 by Leave a comment

We all know that being money smart is important life skill. Some of us have developed it on our way to adulthood and some of us haven’t.  Those who haven’t, are going through a nightmare of trying to make ends meet, dodging bill collectors phone calls and having sleepless nights.  ...

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