Author Archives: Jim Yih

Teaching kids to save with a piggy bank

There are lots of different strategies to teach kids to save money but the classic icon for saving money is the pink piggy bank. I started to teach my kids about money and saving at the age of 2.  Every child got a piggy bank and $3.41 which is a Twoonie, Loonie, quarter, dime, nickelContinue Reading

Are You a Financially Intelligent Parent?

Teaching kids about money is a topic that is near and dear to my heart as a father of 4 young boys.  A while back I got to reading a book, The Financially Intelligent Parent: 8 Steps To Raising Successful, Generous, Responsible Children by Eileen and Jon Gallo.  It was published in 2005 but theContinue Reading

Retirement income options for a DC Pension Plan?

Recently I wrote about theoretical retirement income options from a Defined Benefit Pension and a Defined contribution Pension. Related articles:  Defined Contribution Pension Options at retirement   and  Defined Benefit pension options at retirement This week, I would like to look at this from a more practical perspective via a case study of Paula. Paula hasContinue Reading