Money 101

Gone are the days of glass jars that helped kids visualize spending and saving. To help them track every digital dollar, introduce tweens and…

What is a bank statement? Understanding how to read this useful snapshot of your bank account can help tweens and teens build financial literacy…

It’s time for your teen to open a bank account—but should they choose a chequing account or a savings account? It all comes down…

Think your teens might want to go robo with their future investments? Here’s what they need to know.

How do you explain the purpose of a Registered Retirement Savings Plan account in simple terms to kids and teens? Find out in this…

When it comes to investing money, can your teen accept a lot of risk or just a little? Their answer could impact the investment…

Are you ready for your first credit card? Here’s everything you need to know to take this financial step forward.

Nobody wants to think about emergencies, much less plan for them. But if your teen builds an emergency fund, they’ll have financial peace of…

Parents know a good credit score relies on paying off debt—but do your kids? Here’s what teens need to know about credit reports.

If you're borrowing or investing your money, it's important to understand how interest works. These simple strategies will help you educate your kids and…

Interest may seem like an abstract concept, but learning what it is and how it operates is a fundamental step toward financial literacy for…

There’s a lot to think about when considering home ownership, especially when it comes to a mortgage. Here’s how to get your kids and…

A debt consolidation loan may help your kid out of a financial jam down the line, but not all loans offer safe harbour from…

Help your kid learn to manage debt—and eventually get out of it—with these clever strategies.

As your teen decides where they’ll be living next, they also need to research tenant insurance costs. Here’s how to teach them about protecting…

Isn’t life insurance for old people? Not in the least. We break down the ins and outs of life insurance, so you can show…

When you explain the ins and outs of insurance to tweens and teens early on, they won’t be so overwhelmed when wading through policies,…

Here’s why teaching your teens about tax write-offs and tax credits could help them hold on to the money they’re entitled to and save…

When hefty, finance-laden income tax terms are explained, it makes filing a tax return a whole lot easier. Plus, understanding these tax definitions can…

We’ve crunched the complications out of Canadian taxes to help you explain income taxes to kids and teens.