Dollars & Sense Blog

CANADIAN LIVING: 10 Tips for Stress-Free Money Management

Ten Tips for Stress-Free Money Management, written by Mary Teresa Bitti for Canadian Living Magazine, is full of great tips about how to work — as a couple — towards financial freedom. Paul W. Lermitte is quoted here, adding some of his advice to help you out. After all, how better to teach our children…

Continue Reading

VANCOUVER SUN: Allowance teaches child about money

On December 27, 2011, this article written by Paul, “Allowance teaches child what money is about!” was printed in full in the Vancouver Sun. In it, he argues why allowances and chores should not be tied together, explaining that allowance is a tool for teaching a child about money the same way a book is…

Continue Reading

PROVINCE: Teaching kids financial skills will shape their success as adults

This article was originally published in The Province on October 29, 2011. Teaching kids financial skills will shape their success as adults.

Continue Reading

The Allowances, Dollars and Sense System

The Making Allowances System Helping you avoid these dangers and realize these opportunities and benefits is the purpose behind the Making Allowances System. It provides the principles, structure, and tools you need to teach your kids about money. The system is presented step-by-step as a series of distinct concepts (one per chapter) to help support…

Continue Reading

CBC Doc Zone: Boomerang Generation

On November 10 and 11, 2011, the CBC Doc Zone aired a documentary on the so-called “Boomerang Generation.” Paul Lermitte and his family were one of the families featured in the piece, chosen because Paul and his wife, Jan, have had a longstanding expectation that their three sons would not live with them past the…

Continue Reading

The Universal Principles

In each chapter of all of my books, I provide several key principles to help you teach and implement each concept. These sub-principles are based on a number of universal principles that you should understand right from the start. These principles are as follows: Talk about it Maintaining an ongoing dialogue with your kids is…

Continue Reading

Financial Information Online

Here is a list of a number of useful websites with information and activities that teach good financial principles. Most of these sites have materials, including articles, worksheets, games, and more, for all ages, so we’ve grouped them all together instead of splitting them out into different age categories as we did with books. [table…

Continue Reading

Humanitarian Organizations

Paul says in his book, “For charitable giving especially when disaster strikes, the following organizations have a strong track record for their aid efforts in North America and overseas. Their websites feature up-to-date information on areas of the world where help is needed.” The names of the organizations in the table below are clickable/tap-able so…

Continue Reading

Books for Adults

Here are some books that Paul recommends for adults who want to explore the topic of financial literacy further. These titles are written for parents, with tips and advice on how to teach their children this important life skill. We have provided you with direct links to these titles in the Amazon store online. [table…

Continue Reading

Books for Teens

Sometimes it feels like we just can’t possibly learn everything there is to know about a topic. Sometimes the books that are written are too easy to be interesting, or too hard to understand. Teenagers probably experience this frustration more than just about anyone. Paul has especially chosen this list of books he recommends for…

Continue Reading