Archive for the 'Special Commentaries' Category

APR 6 2020 – KID’S FINANCIAL EDUCATION PROGRAM AGES 13-17 TOPIC 7

Please find the material below for the seventh topic in our financial education program for children ages 13-17:

For Parents: 13-17 Topic 7 (Ready to Earn Some Money)

Resources For Students:

  1. WorkBC Article ‘Ready to Work? Landing Your First Part-Time Job’: View on Website
  2. BizKids Episode ‘Building and Growing a Business’: View on Website
  3. Entrepreneur Article ‘Meet the New Bosses: How These Entrepreneurs Under 20 Are Changing Industries’: View on Website
  4. ita Youth ‘Find Your Trade – What Are You Made of?’: View on Website
  5. U.S. Bureau of Labor Statistics ‘Periodic Table of STEM Occupations’: View on Website

 

MAR 30 2020 – KID’S FINANCIAL EDUCATION PROGRAM AGES 9-12 TOPIC 7

Please find the material below for the seventh topic in our financial education program for children ages 9-12:

For Parents: 9-12 Topic 7 (Borrowing Can Be Bothersome)

Resources For Kids:

  1. Warren Buffett’s Secret Millionaires Club Webisode ‘The Trouble with Credit Cards’: View on YouTube
  2. Bank of America Video ‘Preparing Your Child to Make Borrowing Decisions’: View on Website

 

MAR 20 2020 – RRIF & LIF Withdrawal Limits Reduced

As you may have seen, Finance Minister Bill Morneau announced on Wednesday that, as part of the immediate economic stimulus package, RRIF and LIF payments can be decreased by up to 25% if you so choose.

View Article: https://www.bnnbloomberg.ca/feds-lower-rrif-withdrawal-requirement-as-part-of-household-support-measures-1.1408320

MAR 18 2020 – KID’S FINANCIAL EDUCATION PROGRAM POST-SECONDARY TOPIC 7

Please find the material below for the seventh topic in our financial education program for post-secondary students:

For Parents: Post-Secondary Topic 7 (Big Choices, Big Impact)

Resources For Students:

 

  1. Government of Canada – Explore Labour Market Information: View Website
  2. Government of Canada – Education Planning and Student Aid: View Website

 

 

MAR 16 2020 – Blackburn Davis Financial Open Remotely

As you are aware, on March 11, 2020 the World Health Organization declared the coronavirus outbreak a global pandemic. Yesterday, AB health officials closed all schools and daycares in our province. This is a challenging time but we are all willing to do our part to stop the spread. We are prepared in our office and in partnership with your Portfolio Manager, to remain available and continue operating business as usual. Technology allows us to work remotely, and effective immediately this is how our office will be working until further notice. If you have a meeting scheduled with one of the advisors on the team, we will be contacting you directly to complete any scheduled meetings by phone and screen sharing.

As the situation continues to evolve, we wanted to share with you our preparedness efforts to ensure the health and safety of our staff, as well as our continued service to our clients.

For some time now, we’ve had the capacity to work remotely. Our technology team has set each member of our team up with fully secure workstations and network environment. Additionally, we are:

• Utilizing a secure VPN (Virtual Personal Network) to access our internal systems. This is a safe way for our office to communicate while offsite.
• Arranging for all phone calls to our office to be directed to the personal cell phones of our staff. Should you wish to contact your advisor or an admin team member, we will be available directly by phone using the same office line you’re used to reaching us at.
• Continuing to schedule our regular reviews with clients. We are offering both phone and video meeting options to clients.
• In contact with your Portfolio Manager regularly. We have assessed their preparedness and are entirely assured that they are completely prepared to run their offices remotely as well

We will continue to monitor and evaluate the situation and follow guidance from government health authorities. We are confident in the actions we are taking to safeguard our employees, our clients, and our community.

Our office is fully available remotely and will continue to provide you with ongoing service. We encourage you to reach out if you have any questions or concerns.

MAR 5 2020 – KID’S FINANCIAL EDUCATION PROGRAM AGES 13-17 TOPIC 6

Please find the material below for the sixth topic in our financial education program for children ages 13-17:

For Parents: 13-17 Topic 6 (Credit)

Resources For Kids:

  1. OSC Article ‘How Credit Cards Work’: View on Website
  2. Infographic ‘Keep Paying the Minimum, and Here’s How Many Years and Dollars You’ll Spend Before Your Card is Paid Off’: View on Web

 

FEB 25 2020 – KID’S FINANCIAL EDUCATION PROGRAM AGES 9-12 TOPIC 6

Please find the material below for the sixth topic in our financial education program for children ages 9-12:

For Parents: 9-12 Topic 6 (The Magic of Compound Interest)

Resources for Kids:

  1. Investor.gov ‘Compound Interest Calculator’: View on Website
  2. Investopedia Video ‘Compound Interest Explained’: View on YouTube
  3. Let’s Talk Money Video ‘The Magic Penny’: View on YouTube

 

FEB 13 2020 – KID’S FINANCIAL EDUCATION PROGRAM POST-SECONDARY TOPIC 6

Please find the material below for the sixth topic in our financial education program for post-secondary students:

For Parents: Post-Secondary Topic 6 (Credit Rating 101)

Resources for Students:

  1. DebtCanada article ‘Credit Rating 101’: View on Web

 

FEB 5 2020 – KID’S FINANCIAL EDUCATION PROGRAM AGES 13-17 TOPIC 5

Please find the material below for the fifth topic in our financial education program for children ages 13-17:

For Parents: 13-17 Topic 5 (Compound Interest)

Resources For Kids:

1. Let’s Talk Money Video ‘Would You Take 1 Million Dollars now or 1 Coin Multiplied Every Day in 30 Days’: View on YouTube

2. St. Louis Fed Open Vault Blog Article ‘How Does Compound Interest Work?: View on Website

3. OSC Article ‘Growing your Savings with Compound Interest: View on Website

4. OSC Compound Interest Calculator: View on Website

5. Kelley Keehn Infographic ‘What can $10 a day do to Change your Financial Life?’: View on Web

 

JAN 30 2020 – KID’S FINANCIAL EDUCATION PROGRAM AGES 9-12 TOPIC 5

Please find the material below for the fifth topic in our financial education program for children ages 9-12:

For Parents: 9-12 Topic 5 (All About Priorities)

Resources for Kids:

  1. The Wela Way Blog Article ’10 Ways to Help Your Teen Spend Money Wisely: View on Web
  2. TheMint.org ‘What Kind of Spender are you?’ Quiz: View on Website
  3. TheMint.org Article ‘How to Shop Smart’: View on Website
  4. Warren Buffett’s Secret Millionaires Club Webisode ‘The Big Trade-off’: View on YouTube
  5. USML ‘Will Saves for the Stars’ Game: View on Web