|The Brighter Life weekly roundup of recommended reads about money, health, family, working life and retirement:|
It’s not your job to make March break entertaining
If you dread the inevitable chorus of, “Mom, I’m bored!” as March break approaches, you may be looking for ideas. But instead of the usual advice that requires you to be a combination cruise director, shepherd and conflict mediator, Wonder Moms shares six suggestions from parenting writer Ann Douglas based on the radical notion of letting your children amuse themselves.
It’s not your job to be a “full-time, live-in entertainment director,” says Douglas. A certain amount of boredom is in fact a good thing, she adds. By not swooping in to organize the next activity, you are letting your kids learn how to make their own fun. This isn’t hands-off parenting, however. Despite recommending activities with the minimum of mom-involvement, Douglas also stresses the importance of one-on-one time with your child.
March break tips from Ann Douglas
The psychological principle that makes us overspend
Compared to a $50 version, a $300 purse may sound too expensive. But compared to a $500 model, that same purse suddenly looks affordable. That’s the “perceptual contrast principle,” outlined in Modest Money. How do we avoid this spending trap? By buying big-ticket items last, and by setting a budget and sticking to it.
Study on why you will overspend this season
The antidote to bullying is … love
February 27 was Anti-Bullying Day, and Loulou’s Views weighed in with a post about the vital role of parents not only in comforting and supporting their children when they are bullied, but in preventing their children from bullying other kids. In the absence of easy solutions, Loulou concludes, “We can only do our best, and remind our children every day that we love them.”
Shower them with love
Get out there and code
What do Bill Clinton, Mark Zuckerberg and will.i.am have in common? They’re among the high-profile supporters of code.org, a campaign to promote computer programming education. Says Google executive chair Eric Schmidt: “For most people on Earth, the digital revolution hasn’t even started yet. Within the next 10 years, all that will change. Let’s get the whole world coding!”
Everyone should have the opportunity to learn to code
RRSP vs. TFSA: It all comes down to what you do with your tax refund
There’s no shortage of comparisons between registered retirement savings plans (RRSPs) and tax-free savings accounts (TFSAs), says My Own Advisor. But what makes the ultimate difference is how smart you are about handling the tax refund you get from each.
Managing the refund well is the linchpin in the RRSP vs. TFSA debate
Post of the week
|Are you paying more tax than you need to?
If you’re not claiming all the tax credits and deductions you’re entitled to, you may be paying more to the government than necessary.
Tweet of the week
|Are you on track to meet your financial and retirement planning goals?|
|Having a plan to protect your family and build your savings now can help ensure you will have enough money to last through retirement, so you can live your retirement your way. Learn about Money for Life.™|
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