How To Teach Your Kids About Money Part 2: Ages 5-7

How To Teach Your Kids About Money Part 2: Ages 5-7

Last week's post was all about laying the foundation for finance with your 0-4 year old. This week we are turning our attention to how we can teach our 5-7 years olds how to be money wizards! Ages 5-7 Years Here's where the real fun begins! This is an age where your child's development and [...]

How To Teach Your Kids About Money Part 1: Ages 0-4

How To Teach Your Kids About Money Part 1: Ages 0-4

The vast majority of kids finance materials out there address how to teach your teens or tweens about money. The odd piece might address how to teach your 8-10 year old. Here at Freedom 101 we strongly believe in starting much, much earlier - because finance isn't just about money, it's about developing strong life [...]

4 Words I (Try) Never Say To My Kids

4 Words I (Try) Never Say To My Kids

Happy Monday everyone! To start off the week I want to tell you about a great Canadian FI podcast that's recently kicked off, FI Garage. Hosted by the witty FI Mechanic, Accountant and the Economist, it's a not only a great resource, but also super entertaining! Now that's a winning combo. AND, it just so [...]

The Essential Family Finance Learning Tool (And So Much More)

The Essential Family Finance Learning Tool (And So Much More)

Last week we talked about how great parents allow their kids to fail......intentionally. This week, I want to tell you about the perfect family finance learning tool that will give your kids the IDEAL environment to make mistakes, learn how to adjust and develop their ability to bounce back along with so, so much more! [...]

Why Great Parents…..Let Their Kids Fail

Why Great Parents…..Let Their Kids Fail

After spending the last 5 weeks talking all about Early Retirement - I'm dying to get back into talking about kids financial literacy, and more ways for us parents to give our kids the tools they'll need to lead a financially secure and fulfilling life. This week we're going to delve into the topic of [...]

Why You Shouldn’t Buy Your Kid(s) A Cell Phone

Why You Shouldn’t Buy Your Kid(s) A Cell Phone

I feel like this post could morph into a full blown book - there's just so many areas to delve into on this topic, but I'll do my best to boil down the salient points into a reasonable read time! If it wasn't clear by the title, I fall firmly under the camp that under [...]

RESP’s: The Ground Rules

RESP’s: The Ground Rules

Though one might think a government introduced education savings tool would be structured to be simple to understand, Canadian Registered Educations Savings Plans (RESP's) are instead one of the most complex tax advantaged accounts in Canada. God forbid the Canada Revenue Agency (CRA) make saving for your kids education straightforward! Annnnnnnyhoo. Irrespective of my views [...]

A Parents Finance Manifesto

A Parents Finance Manifesto

As we prepare to ring in the New Year, many people are still contemplating what, if any, resolutions to make moving forward. Often our New Year's resolutions focus inward, directed towards some form of self-improvement or lifestyle betterment. These resolutions can be extremely positive and impactful, but what about thinking just a little bit broader [...]

PowerPlay Program Review

PowerPlay Program Review

It's no secret that financial based curriculum in the public school system has historically been next to non-existent, but I recently had the pleasure of experiencing a brand new financial literacy program being implemented in some of our local schools. Our oldest son came home incredibly excited and announced that his class would be participating [...]

Why “Follow Your Passion” is Horrible Advice

Why “Follow Your Passion” is Horrible Advice

We all want to impart the best advice possible to our children, because we all want our children to lead successful, happy and contented lives. We want better for them in every way. It's human nature. But this desire for the best for our children can sometimes manifest itself in new age parenting tactics and [...]