GetSmarterAboutMoney.ca

Freaked out About Your Child’s Tuition Expenses?

Lesley Scorgie — Fri, 17 May 2013 13:09:17 +0000

Tags: Children, education, Planning, Tuition

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

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6 Money Lessons I Learned From Downton Abbey

Caroline Cakebread — Wed, 15 May 2013 13:30:00 +0000

Categories: Masters of Money

Tags: expenses, investment, Money

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

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Raising Financially Literate Children

Lesley Scorgie — Fri, 10 May 2013 12:57:30 +0000

Categories: Masters of Money

Tags: budget, Children, Finances, Interest, Money

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

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Should advisers have a legal duty to act in your best interest?

GetSmarterAboutMoney — Thu, 09 May 2013 19:31:10 +0000

Categories: Money 2.0

Tags: Advisors, finance, Investments

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

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Stop Financially Bubble Wrapping Your Kids!

Caroline Cakebread — Wed, 08 May 2013 13:00:27 +0000

Categories: Masters of Money

Tags: Children, Finances, spending

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

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5 Lies We Tell Ourselves about Money

Caroline Cakebread — Mon, 06 May 2013 13:00:34 +0000

Categories: Masters of Money

Tags: Finances, Money, Saving

There are some things that can’t be blamed on other people: bad manners, bad fashion choices, and worst of all, total cluelessness when it comes to money. While bad manners and bad outfits can be fixed with relative ease, poor money skills can trip you up for life. ► MORE

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Bills and Babies

Lesley Scorgie — Fri, 03 May 2013 20:12:41 +0000

Categories: Masters of Money

Tags: budget, Children, education, Finances

Does it feel like it might be time to start your family? There are many things you can do to financially prepare for your little bundle of joy. ► MORE

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A United Money Front

Robin Taub — Fri, 03 May 2013 19:22:26 +0000

Categories: Masters of Money

Tags: Children, Finances, goals, Money

Most parents feel it’s their responsibility to teach their children about money. You do it for your kids – so they will have the knowledge, skills and confidence to make responsible financial decisions throughout their lives. ► MORE

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Teaching Kids about Credit History and Good Debt vs. Bad Debt

Robin Taub — Mon, 29 Apr 2013 21:46:37 +0000

Categories: Masters of Money

Tags: Children, credit, Debt, education

In my last blog post, we reviewed the essential information your kids need to know about credit and how to use credit cards responsibly. We also noted that one of the benefits for teens and young adults of using a credit card is that it allows them to build a credit history. ► MORE

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Financial Stress 2013 Part 5: How to Cope

Alison Griffiths — Fri, 26 Apr 2013 15:11:55 +0000

Categories: Masters of Money

Tags: canadians, Children, Finances, Stress

For many Canadian families financial stress is a daily reality brought on by too much month left at the end of the money. They scramble and try to cope – robbing Peter, paying Paul and praying for something to break the cycle. ► MORE

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