Dollars & Sense Blog
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 ReadingOn 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 ReadingOn 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 ReadingThe 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 ReadingThis article was originally published in The Province on October 29, 2011. Teaching kids financial skills will shape their success as adults.
Continue ReadingIn 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 ReadingPaul 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 ReadingHere 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 ReadingIn preparing his own books, Paul has done a lot of reading of what others have to say! Here are some of his favourites, books he recommends that are written especially for children (mostly those under age 12) who want to learn more about saving and growing their piggy bank, or whose parents want…
Continue ReadingSometimes 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…
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