Online Course Teaches Kids to Manage Money
Summary
For short-term goals, [ARTHUR] has several notional "accounts" set up, one for each goal, having calculated the amount he needs to put away each month to accumulate the necessary funds for each. At this time, Arthur has only one medium-term goal, a new bicycle.
As Ainsley Cunningham of the Manitoba Securities Commission said it so eloquently this week, "We don't wait till the kids are 16 to teach them about seatbelt safety. Why wait to teach them about money?"For the month of February, we have some special help, courtesy of the Canadian Securities Administrators and The Manitoba Securities Commission. The Financial Fitness Challenge is a great online learning tool and contest open to 15- to 21-year olds. Prizes include $750 scholarships for students and gift certificates for teachers. With an athletic theme, the Challenge website is a fun way to learn valuable saving and investing concepts. It features inspiration, the Challenge test itself, Slapshot Shopping, interactive spreadsheet forms for teen budgeting and a Teacher's Resource Centre, with a comprehensive collection of learning and teaching aids.See the full content of this document
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Online Course Teaches Kids to Manage Money
Dollars and Sense / David Christianson
ARTHUR is a good money manager. He faithfully puts 10 per cent of his net income away into savings for long-term goals. He also immediately puts away 10 per cent into a fun...See the full content of this document
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