Financial literacy for kids starts by teaching the money basics – spending, budgeting, and saving – at a young age. As your child grows up, move into more complex topics like investing, TFSAs and RRSPs, and money management. Finally, learn to be a money mentor to your child throughout their age and stage.
With a guaranteed rate of 1% cash back on all purchases, and an average of 5% cash back at Neo partners depending on your monthly plan and current offers, the Neo Financial Mastercard is one of the most lucrative rewards credit cards in Canada, and one that can earn you some of the highest cash back rates on your everyday purchases. Their high cashback rate combined with the high-interest Neo Money account means you have more money to spend and save for what you want.