Take the Financial Fitness Challenge

I received an email from a lady offering the following information. What a great incentive for young minds and wonderful resource for parents and teachers: I am contacting you on behalf of the Canadian Securities Administrators (CSA). This February, the CSA is once again launching their annual Financial Fitness Challenge (www.financialfitnesschallenge.ca) which is an educational program designed to urge young Canadians to improve their financial literacy while vying for a chance to win one of 13 scholarship prizes worth $750.

Should I Stay Home Or Go Back to Work?: 4 Things to Consider

Should I Stay Home Or Go Back to Work?:  4 Things to Consider As a parent, one of the most challenging decisions I have had to make, so far, is whether to stay home or with my children or to return to work. I hate to think that I won't be with my kids for that 10 or so hours a day, but at the same time, would love the extra income to provide for them. We have had poor experiences in the past with home daycares that have left a bad taste in our mouths, but that is not to say that there aren't awesome providers out there. What to do? 4 things to consider: Your Financial Situation Although staying at home is possible even on a modest budget, you’ll need to do a careful overview of your family’s finances before deciding to leave your job. While scaling back on a few things may be relatively easy for some, it can be difficult for others. Plot out your family’s spending and factor in your bills and debt payments. Then plan how you would adjust these payments on a single income. Is it feasible? Here is a handy little tool that I came across to see if it is feasible for me to stay home without the income: The "Stay At Home Calculator".

Dude- Where’s My Money? A look at Consumer Spending…

Are you interested in cutting back during these economic times, but don't know where to start? HubPages.com has some answers: Since we are certainly facing rough economic times all of us are trying to figure out new ways to cut out expenses ...

A Cool Place For Kids To Learn About Money- MinyanLand

I came across this sight after reading a little about it in Parenting Magazine. It links back to what I have said before..... MinyanLand is a fun, safe virtual community designed to engage kids and families in games ...

Teaching Children About Wealth

I have mentioned this before in Teaching Your Children About Money, but it needs repeating due to its importance at this time! Check out the neat lesson plans linked below. Teaching your children about wealth By Eric Tyson Forbes (Forbes.com) Given the current state of financial markets and the economy, many parents will soon need to explain to their kids why they can no longer afford to buy expensive videogame systems or send them to trendy summer camps next year. The housing market crashed, banks went under and now the government is here to save the day. Think the problems have passed? Think again. Eric Tyson, author of Let's Get Real About Money! Profit from the Habits of the Best Personal Finance Managers (FT Press), says now is the perfect time to teach your kids valuable lessons about money.