Please review our code of conduct.
About IEFInvestor Education Fund (IEF) is funded by the Ontario Securities Commission to develop and promote tools and resources that help people make smarter financial decisions. GetSmarterAboutMoney.ca is IEF’s public educational website.
Find us on FacebookGet smarter while you get social. Invite your friends to financial freedom.
Tag Archives: Kids
When your kids are young, you are often with them when they are out in the world. You have a lot of influence over their spending and they place the most confidence in what you say. So take advantage of those teachable moments at the grocery store, the mall or the restaurant, to let them pay a grocery bill in cash, deposit a cheque into the automated teller machine (ATM) or punch the buttons on a debit purchase. MORE
How can you encourage your kids to be good savers? It starts with being a good financial role model and adopting healthy financial habits. One of the best habits you can adopt and model for your kids is to “pay yourself first”. Make savings a priority by paying yourself before paying a cent to anyone else. MORE
At every stage of your kids’ lives, when they earn money, they will be faced with 4 choices: save, spend, donate or invest. How they earn money and the way in which they implement these decisions will evolve as they grow from young kids, to pre-teens to teenagers to young adults. In this second post, I wanted to share my basic philosophy for raising money-smart kids. MORE
As a parent, you are a role model for your kids – probably their most important role model. Your kids are watching and learning from you. They see how you treat and relate to others. They observe how you balance work and family life. And they are aware of both your good and your bad habits when it comes to managing money. MORE