Financial Literacy: For Kids, Adding Dollars and Sense

On the eve of the Canadian Foundation for Economic Education (CFEE) initiative called Talk With Our Kids About Money Day, they and 29 other teams from Hilltop and from Burlington’s St. Gabriel Catholic Elementary School gathered at the competition to share projects about the value of money. It comes at a crucial juncture for financial literacy among young Canadians. Those graduating soon will enter a world with historic household debt ratios, ever-rising tuition costs, and, especially in the case of Toronto-area students such as these, unprecedented entry costs for home ownership.   Terri Williams, vice-president of corporate social responsibility at the Bank of Nova Scotia, the Money Fair’s host and sponsor, said after speaking to numerous student groups on Tuesday that early financial education can save a lot of regret down the line. “So many times you hear from adults, ‘Man, I wish I had known this before,’” she said.   Click here to continue reading on theglobeandmail.com