Financial Life Skills for Parents and Children (2010)

This fact-sheet offers tips to help parents teach their children money-management skills. The underlying principle is the need for both adults and children to balance income and expenses.

Tips include using a shopping list to reduce impulse purchases; tracking expenses to figure out where the money goes; and splitting income or allowance into categories of spending, giving, short-term saving, and investing.

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Added: 
2012-01-24
APA citation
ABC Life Literacy Canada. Financial Life Skills for Parents and Children 2010. Web. 18 Sep. 2020 <http://en.copian.ca/library/learning/abc_llc/financial_literacy/life_skills/life_skills.pdf>
ABC Life Literacy Canada (2010). Financial Life Skills for Parents and Children. Retrieved September 18, 2020, from http://en.copian.ca/library/learning/abc_llc/financial_literacy/life_skills/life_skills.pdf
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