It’s that time of year again. Children are back in school getting a valuable education from their teachers. But there’s one subject they may better learn from their parents – financial literacy.
In this issue of Well-Advised, we look at a variety of ways you can help children learn about managing money. You’ll find teaching moments for younger children and university students on Page 2.
While it is the start of the year for school children, it’s getting closer to year-end for the rest of us. An article on Page 4 outlines financial to-dos and strategies that must be completed by December 31.
As for the remaining articles, you could call this the “decisions issue.” On Page 1, we examine the empty nest or retirement decision of whether you should downsize or stay in your home.
On Page 4, we discuss the decision of whom to name as beneficiary for your Registered Retirement Savings Plan (RRSP) or Registered Retirement Income Fund (RRIF). And on Page 3, a variety of life situations present financial decisions that are challenging to make – ones that call for guidance.
We hope you and your family enjoy the fall. Please contact us whenever you need information or advice involving your investment program or financial plans.
Click here to access the newsletter >>Assante Well-Advised Fall 2019
Ted, Eric, Rob and Chris
Thomson Financial Partners
P.S. Have a child old enough for a credit card? See the sidebar on Page 2 that offers guidelines for new credit card users to follow – and dangers to avoid.