On Wednesday, April 16 the Canadian Foundation for Economic Education (CFEE) is having their second annual Talk With Our Kids About Money Day – a program for families, students and teachers to help young Canadians learn more about money and personal finances.
Assiniboine Credit Union is teaming up with The Manitoba Securities Commission to promote Make it Count — a parent’s guide to youth money management. The program teaches parents how to become a ‘money mentor’ by incorporating money management lessons into daily routines.
Financial literacy is essential and the earlier we start conversations with our children about responsible money management, the more equipped they will be to make life’s important financial decisions.
Money management lessons will help your child:
- be independent and self sufficient.
- make informed decisions and choices.
- use good judgement and look at consumption in a realistic way.
- acquire the skills and knowledge to be financially secure.
On April 16, visitors at any Assiniboine Credit Union branch in Manitoba can pick up a copy of The Manitoba Securities Commission’s Make it Count: A Parent’s Guide to Youth Money Management, as well as several helpful discussion starters that family members can use to get the conversation rolling. Parents are also invited to share their story about successful money discussions at www.msced.ca, and can enter to win an iPod touch® and Assiniboine Credit Union prize pack.
Check out how I’m going to prepare to talk to my kids about money in my article 6 Steps to Become A Money Mentor for Your Kids.