On April 20th, more than 4,000 schools and 600,000 students in Canada will take part in the nationwide Talk With Our Kids About Money Day (TWOKAM) program.
TWOKAM is an initiative of the Canadian Foundation for Economic Education (CFEE), a CYFI Network Partner, and the BMO Financial Group, one of the largest banks in the country. The program was launched in 2013 in Toronto and Montreal area schools but has since expanded to include each Canadian province. In addition to ‘money talks’ in classrooms and homes across Canada, Money Fairs and other special events will be taking place in Quebec, British Colombia and New Brunswick. Parents and teachers can visit the TWOKAM Website for free access to easy to follow activity guides and lesson plans aligned to provincial curriculum.
TWOKAM is an important event that encourages parents, teachers and students to speak openly about issues related to earning, spending saving and budgeting money. Such events break down barriers preventing conversation on subjects related to income and personal finance that can often be taboo in society. When young people are exposed to financial, social and entrepreneurship education, and have positive mentors to whom they can turn for financial advice, they become more financially capable and responsible economic citizens.
CYFI fully supports this initiative to increase intergenerational dialogue on financial issues and is pleased to see that such activities are increasing across Canada.