Money

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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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 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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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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Mommy, Please Buy Me This!

November 14, 2013 by Leave a comment

It is important to teach our children to understand and objectively evaluate commercials and advertisements.  We need to explain that the goal of commercials/ads is to trigger our emotions, which in turn will impact our wants, and prompt us to buy items that we may not necessarily need. It is ...

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Win an iPod touch, iPad or 13″ MacBook Pro – Contest

November 4, 2013 by Leave a comment

November is financial literacy month in Canada, and in order to promote youth financial literacy, Financial Consumer Agency of Canada is running a contest. By submitting a short video between 30 seconds and 2 minutes, you can win an iPod touch, iPad or a 13’’ MacBook Pro. You have to ...

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Five Financial Concepts That Will Spook Your Kids

October 23, 2013 by Leave a comment

I am very happy to announce that my Halloween themed article on children and financial literacy was posted on the City Parent Magazine Website.

I believe that you will really enjoy this article. Here is the link:

http://cityparent.com/posts/1091-five-financial-concepts-that-will-spook-your-kids

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You Can Have Anything, Just Not Everything

October 14, 2013 by Leave a comment

My son was having his immunization shot and I promised that if he was brave, I was going to take him to Toys R Us and buy him one toy. He was very courageous, so went to the store. My daughter was happily tagging along knowing that she will score ...

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How Does Giving Relate to Financial Literacy?

October 3, 2013 by Leave a comment

Ok, so maybe I blog too much about donating and giving, and you may wonder what does giving have to do with financial literacy. Well, giving is part of being financially literate.  In order to give without being told to do so, we have to feel thankful for what we ...

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