The Pros and Cons of Homeschooling In Canada Part 2 of 2

  What is Homeschooling? Homeschooling is the form of education where the parents teach their children outside of the conventional classroom setting. For those of us in the trenches, we slog through the day-to-day challenges of teaching our kids at home – both the good and the hard – in order to offer the best education that we can. It’s not for everyone. We fully appreciate that. Today, I’m going to share with you a few of the pros and cons of being a homeschooling family, from our side of the fence. Pros You can tailor-make your curriculum to suit your child‘s interests, needs, abilities, skills, and learning style. You can personalize your curriculum to cover topics that are important to you, such as faith, life skills, culture, languages, etc. You can be flexible in your scheduling – so you can take days off, go on holidays when everyone else is in school, do “school” all morning and take afternoons off, don’t fall behind if your family is sick, have a birthday party in the middle of the day, spend days with Dad, etc. You get to be the major influence on your children‘s lives, instead of a group of peers and adults whose values […]

A Personal Story:Chores and Money Lessons Growing Up

Teaching children about money is one of the most important things a parent can do for their child. It has the potential to set them up for the rest of their lives as financially responsible adults, or if it is neglected, adults who just don’t understand why they can never get ahead financially. My parents taught me about money through household chores and this is how it unfolded. Parents, Chores and Money I didn’t realize it when I was younger, but my parents started teaching me about the value of money from a young age. It wasn’t your typical classroom style teaching experience where the teacher comes in and says – “Now Glen, you’re going to sit here and learn about the value of money. Pay close attention, because there will be an exam at the end of the week!”. No, it was a gradual learning exercise that started when I was a young boy. Each week my parents set out standard chores that I was expected to complete. Things like: Making my bed every day Doing the dishes and clearing the table after meals Getting the mail Taking the bins to the curb My remuneration for completing these chores was $5 a week allowance. […]

Bullying To Homeschooling Our Two Kids On One Income- 1 of 2 Part Series

My name is Nicole and I live in Calgary, Alberta and have homeschooled my two boys, ages 14 and 10, for 2 years now. Homeschooling was our oldest child’s idea due to bullying and other peer issues at his elementary school. They were in the public system before that and it was a huge nightmare for us. Homeschooling has been a huge blessing and stress relief for our entire family.   Why We Chose To Homeschool and  the process   Our oldest was dealing with major bullying issues in elementary school and it actually landed him in hospital for a week. During this time he had talked about homeschooling but didn’t think we would be able to do it because my husband and I worked full-time. We explained to him that if he thought it would help him and relieve some stresses, we would look into it. It must have been meant to be because of the way things lined up. He had mentioned this on a Thursday. The following Wednesday we went to an Open House for the Centre for learning at Home. The next day we went to an Open House at CHER where we can buy all of […]

Making Money on Parental Leave In Canada

  Can I make money while on Parental and Maternity leave? This is a frequent question my Canadian Budget Binder fans want to know. So, I went to Mom Expert Sarah Deveau, Author of Money Smart Mom to share the inside scoop for our fellow Canadians wanting to learn about making some extra money while they are off work caring for their new bundle(s) of joy.   Parental Leave Earnings   Here’s what Sarah has to say…. If you’ve just had a baby and are living on the reduced income of employment insurance maternity or parental leave payments, you might be wondering how to bring in extra income. If you earn income while on the maternity leave portion of the benefit (the first 15 weeks), your earnings will be deducted dollar for dollar from your benefits. If you work while you’re receiving the parental leave benefit, after the first 15 weeks, in the past you’ve been allowed to earn $75 per week or 40% of your weekly benefits, whichever is higher. Any income earned above that amount will be deducted dollar for dollar from your benefits. However, due to the new Working While on Claim (WWC) pilot project, once you have served the waiting period, if your earnings are equal […]

4 Ways To Lower Your Family’s Back To School Budget

  By: Anna Is what to buy for Back To School on your mind? Yes it’s that time again when the beautiful and blissfully relaxing summer comes to an end. The leaves start to change colour and you know it’s time for your children (or you if you’re an adult learner!) to go back to school, but at what cost? For many children, back to school usually means that they get a new outfit, new backpack, new pencil-case, new stationary, or *gasp* even a new electronic gadget!  The back to school budget can easily be busted with the rising cost of goods and inflation, and how these days, high school children want the best of everything. In fact, this year in 2012, 63% of parents plan to spend an average of $500 (Source) for the back to school budget for their children, this number is more inflated than last year likely because of the same parents polled, 40% plan to buy gadgets and electronics for their kids this year. Back to school can be a great opportunity to engage your child and teach your children about money. Here are some ways in which you can lower your family’s back to school budget […]

Why I’m A Stay At Home Parent And Our Budget Compromises

PARENTING MEANS MAKING DECISIONS THAT ARE FINANCIALLY AND EMOTIONALLY FITTING FOR THE ENTIRE FAMILY   Deciding to be a stay at home parent was very nerve-wracking process for my husband I but happy we took steps to understand it. Don’t for a second think that you are alone when trying to figure out if being a single-income family is right for you. There is no definite right or wrong answer but a couple of things you need to consider.   Lifestyle choice   Having a parent stay home full-time with the new little bundle(s) of joy is a lifestyle choice, some parents are quite happy putting their kids in daycare/in the care of family for work hours as soon as their parental leave is expired and that’s fine. Initially when I found out I was pregnant the first idea that we agreed on was that we wanted me to be a stay at home mom until our little guy was old enough to be in school part-time. And after throwing around various numbers, costs and logistics of getting to and from work/daycare, we discovered that financially it would work for us.   Money, money and more money!   Most of us are really not […]

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