Today is Talk to your Kids about Money Day.
The Financial and Consumer Services Commission is encouraging parents, and teachers to help children build responsible financial habits that will last a lifetime.
A survey by the Program for International Student Assessments, found 83 per cent of New Brunswick 15-year-olds had a baseline level of financial literacy while only 16 per cent demonstrated advanced levels of financial literacy.
The Commission found that many parents and caregivers have indicated they do not know how to start the money talk.
The commission has free resources on its website to help parents, caregivers, teachers and community leaders start these money conversations. For example, its youth money management program Make It Count! is a free program that provides hands-on activities, practical tips and lesson plans for both parents and teachers.
Other resources available on the website include:
Incorporating Money into your Classroom (eBook) – A book full of classroom activity ideas to help teachers start the conversation on money with their students of all grades.
Smart Tips eBook – A book of financial tips submitted by New Brunswickers for the next generation.
Financial Life Stages – A guide for parents that describes what money knowledge children should have at different milestones.
