Stages of life and family finances

Whether you’re setting up your toddler with their first piggy bank or sending a teenager off to post-secondary life, we’re here to answer any questions you may have. Our tips and tools will help guide conversations with your kids about money to give them a smart start and build their financial confidence through every stage of life. Plus, we’ll make sure your finances stay balanced along the way.

A father reviewing information with his daughter and giving her a high-five.

Preschool or kindergarten

Teaching the value of money and savings

It’s never too early to teach your pre-schooler about the value of money and how to start saving in a piggy bank. 

A father and mother playing a game with their daughter at the table.

Grade school

Helping children understand needs versus wants

Help your grade-schooler make smart purchasing decisions by explaining the differences between needs and wants.

A smiling mother and daughter looking at a laptop.

Middle school

Guide your children to establish financial goals

Since your young teenager has their own modest income, now’s a great time to teach them how to set and achieve short-and long-term goals.

Students in class with their laptops.

High school

The importance of a good budget

Now that your high-schooler has a part-time job, it’s a great time to teach them how informed and responsible decisions are key to managing a budget.

A mother hugging her daughter on graduation day.

Post-secondary education

Cementing the debt, savings and investing relationship

With post-secondary education comes a lot of added financial responsibility. Now’s the time to teach your young adult about the relationship between debt, saving and investing.

Play our short videos

Video: CIBC Talks – Helping children build their financial confidence. 4:31.

Video: CIBC Talks – Helping children build financial confidence (4:31)

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Video: How to Talk to Your Teens About Money. 2:58.

Video: How to Talk to Your Teens About Money (2:58)

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Video: Scott and Kids on… Money. 0:54.

Video: Scott and Kids on… Money (0:54)

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Video: Scott on… Raising Successful Kids. 1:17.

Video: Scott on… Raising Successful Kids (1:17)

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