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Children

Raising Financially Literate Teens

As parents, it’s our job to launch our kids successfully into adulthood, and few things could be more important than teaching them how to manage their money well. Doing so should be simple enough, but unfortunately it isn’t. Sure, the school system offers a few basic courses in money management, but times have changed.

Today, "tweens" and teens can have more disposable income than any other age group and they are constantly being coaxed to spend it in a thousand different ways. As parents, teaching our children how to save, invest and spend their money wisely are important lessons that will last them a lifetime.

But as we all know, children learn by example.

So chances are they will approach spending and saving the same way their parents did. You can be sure that how we spend, enjoy or worry about our money will be passed on to our children — either with good results or bad.

Click here to view Report: Raising Financially Literate Teens

Contact our office for more information about how to help your children learn good savings habits.

This publication and website are intended for Ontario residents only and the information contained is subject to change without notice. Mutual Funds are offered and regulated through Global Maxfin Investments Inc. (GMII). Insurance products (including Segregated Funds) and Income Tax Planning is provided under the name of Ausim Mobeen. GMII does not supervise these activities and will not be accountable, responsible or liable for such activities. This publication contains opinions of the writer and may not reflect opinions of GMII. The information contained herein was obtained from sources believed to reliable, but no representation, or warranty, express or implied, is made by the writer or GMII or any other person as to its accuracy, completeness or correctness. This publication is not an offer to sell or a solicitation of an offer to buy any of the securities. The securities discussed in this publication may not be eligible for sale in some jurisdictions. If you are not a Canadian resident, this report should not have been delivered to you. This publication is not meant to provide legal or account advice. As each situation is different you should consult your own professional advisors for advice based on your specific circumstances.