BMO Financial Literacy Poll: 96 Per Cent of Canadians Believe Teaching Kids About Money Matters is Key to a Healthier Economy

BMO Financial Literacy Poll: 96 Per Cent of Canadians Believe Teaching Kids About Money Matters is Key to a Healthier Economy – Virtually all Canadians agree it is important to develop good financial habits at a young age – The vast majority feel more should be done to teach kids about finances in school – […]

Canadians aim to pay mortgages sooner

Canadian homebuyers are showing “a high level of financial literacy,” according to a new Canada Mortgage and Housing Corp. survey that found both high levels of research and a determination to pay off mortgages quickly. The survey, released Wednesday, said 75 per cent of respondents felt it “very important” to pay off their mortgages as soon […]

Looking for the perfect allowance system

Lately, I find myself in frequent conversations about the merits of allowances. It’s a hot topic considering all the attention paid of late to financial literacy. Just last night, I was engaged in a debate with my son about why he can’t have more allowance. It seems his Lego fund is not growing as quickly […]