Financial Literacy: Money Matters

money matters: In its latest financial literacy study, BMO Financial Group found that while the majority of Canadians believe teaching children about money matters is important and is a key to a healthier economy, very few actually spend much time discussing money management with them. , according to Winnipeg Free Press. Yet, only 18 per cent of Canadian parents spend a lot of time with their children discussing money and financial matters. Special - The report card on how well Canadians are doing educating their children about money and finances has some good and some not-so-good grades. Canadians almost universally recognize the importance of developing good financial habits early in life. In fact, 99 per cent in the survey agree about the importance financial literacy can play in bringing about national prosperity. (www.immigrantscanada.com). As reported in the news.