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May 17, 2013
- Masters of Money
Freaked out About Your Child’s Tuition Expenses?
Back-to-school expenses, such as books, pencils, and calculators, are a small fraction of what post-secondary education will cost. According to TD Bank, a small child today will be faced with approximately $80,000 in post-secondary education expenses in the future. MORE
Tagged Children, education, Planning, Tuition
May 15, 2013
- Masters of Money
6 Money Lessons I Learned From Downton Abbey
These days Sunday night is the pinnacle of my weekend thanks to Downton Abbey. And while I must admit that Seasons 2 and 3 have paled in comparison to the excellent first season, I am still addicted to the luxurious goings-on of the insanely wealthy Crawley family and their bevy of staff downstairs. MORE
Tagged expenses, investment, Money
May 10, 2013
- Masters of Money
Raising Financially Literate Children
From a very early age, my parents talked to my siblings and I about money. We helped my mother count money at the grocery store, my father took us to the bank machine and we were only given allowances if we showed my parents a “budget,” which included giving, saving and spending. MORE
Tagged budget, Children, Finances, Interest, Money
May 9, 2013
- Money 2.0
Should advisers have a legal duty to act in your best interest?
Do you believe that your financial adviser has a legal duty to put your interests first? If you do, you’re not alone. In 2012, an IEF study found that 70 per cent of investors believe that their financial adviser has a legal duty to put the client’s best interests ahead of their own personal interests. But in Canada, that’s not necessarily true. MORE
Tagged Advisors, finance, Investments
May 8, 2013
- Masters of Money
Stop Financially Bubble Wrapping Your Kids!
The guy who baby proofed our house is getting rich on parents like us – we paid him a bundle to install custom gates and to walk us through all the terrible things our house could do to our baby son (who knew a drawer could do such harm!). MORE
Tagged Children, Finances, spending
