When high schoolers are asked where they've learned about money, most say "at home." How good are the lessons at your house? To help kids learn to handle money, parents have to set a good example and make use of appropriate transactions to explain their behaviour. From paying bills to using credit cards - the day is filled with opportunities for parents to initiate conversations about managing fi...

Preparing your income tax may not be as simple as ABC, but understanding the fundamental principles is not as difficult as you might think. Let's get down to basics and clear up a few misconceptions: * Many people focus on their income tax only in April. However, tax planning is a year-round process. Although April is the deadline for filing individual tax returns, it is too late by then t...

Anyone who has tackled financial economics in college will certainly recall professors filling blackboards with algebraic symbols that purported to explain precisely how financial markets work: the capital asset pricing model, the efficient-market hypothesis - brilliant Nobel Prize-caliber material. That information had one flaw. While the models explained things generally, they assumed that p...