Just before the end of the Christmas holidays, Paul got a chance to talk to Mike Smyth, guest host of the Simi Sara show on CKNW, about using the New Year to boost our efforts to teach our children great financial skills. To hear this six-minute segment, you have three choices! Not sure which you … [Read the Rest …]
Here’s a brief excerpt from Chapter One (The Allowance Contract) of Book One (Allowances, Dollars and Sense, 2011 edition) by Paul W. Lermitte: In most cases, parents answer their questions about allowance by drawing on their own experiences. They say: “When I was her age, I got 25 cents a week for allowance, and it was … [Read the Rest …]
You let go when you taught them to ride a bike. Why are money issues harder?