Why Do Governments Collect Taxes?

Let’s bring your attention to some of the things that you enjoy for free in your country. Your Neighbourhood Playgrounds Parks Street Lamps & Public Benches Who’s Paying For All of This? YOU, ME and EVERYBODY, of course! We pay the government for these facilities in the form of taxes. Some Types of Taxes Goods and Services Tax (GST) You pay them almost every time … Continue reading Why Do Governments Collect Taxes?

The 5 Most Important Money Lessons To Teach Your Kids {with printable}

What our kids think about money: When I said we didn’t have enough money to buy a toy that he wanted, my 3-year-old suggested I go to the bank and withdraw more money. When my 5-year-old took loose change from the table-top to buy a can of soft drink, he said the money was his because he “found it”. My 7-year-old asked why the government won’t simply print … Continue reading The 5 Most Important Money Lessons To Teach Your Kids {with printable}