In this episode, I sit down with Adrian Bar (Canadian in a T-Shirt) to break down a simple “tax playbook” for Canadian families, from young kids all the way to young adults.

We walk through how the system actually works in real life:

• How RRSP contributions can do more than lower your tax bill, they can increase your Canada Child Benefit payments
• Why teens should file a tax return even if they earn little (or nothing)
• What changes at age 18 and 19, and how that affects benefits and credits
• How to think about FHSA vs TFSA when helping your kids take their first financial steps

This is a practical, stage-by-stage conversation to help you stop reacting to taxes and start using them to support your family’s long-term financial picture.

If you’re heading into the April 30 deadline, this episode will help you think a little differently about the decisions you’re making right now and the impact they can have later.

Show Links:

Youtube: youtube.com/c/CanadianinaTShirt/
Instagram instagram.com/canadiantshirt

Chapter List:

00:00 Introduction to Tax Planning for Parents

00:50 Maximizing Benefits: The CCB Double Dip Strategy

03:33 RRSP vs. TFSA: Making the Right Choice

07:39 Filing Taxes as a Teen: Why It Matters

11:44 Understanding RESPs and the 13-Week Rule

14:25 Prioritizing Withdrawals from RESPs

16:08 Navigating RESP Withdrawals and Tax Implications

18:29 Navigating Financial Independence for Young Adults

18:49 Understanding the First Home Savings Account (FHSA)

25:38 Key Financial Rules for Parents

28:23 Summary

Kids today rarely use cash but they’re still making money decisions every day. So how do we actually teach them healthy money habits in a digital-first world?

In this episode of The Great Canadian Piggy Bank, Christi Rae sits down with Angelique de Montbrun, CEO of Mydoh and a parent herself, to talk about how kids really learn about money through earning, spending, saving, making mistakes, and having honest conversations at home.

They discuss:

• Why letting kids make small money mistakes is essential

• How digital money changes the way kids understand spending

• Balancing parental control with real financial independence

• Why flexibility matters when teaching neurodivergent kids about money

• How money education needs to evolve as kids grow

• What it actually means to raise financially confident kids

This episode is not sponsored. Christi uses Mydoh in her own household and invited Angelique on because the product sparked meaningful money conversations at home, not to sell anything, but to share what’s genuinely working.

Show Links:

Website: https://mydoh.onelink.me/GoC3/tgc-piggybank

Youtube: www.youtube.com/@mydohapp
Tik Tok tiktok.com/@mydoh
Instagram instagram.com/mydohapp
Facebook facebook.com/mydohapp/

Chapters List:

00:00 Introduction to Financial Literacy for Kids

00:58 Understanding the Mydoh App

04:10 Identifying Gaps in Financial Education

06:15 The Role of Parents in Financial Education

07:19 Challenges of Digital Money Management

07:58 Balancing Control and Autonomy

10:13 Adapting Financial Education as Kids Grow

12:08 Inclusivity in Financial Tools

14:00 Supporting Neurodivergent Kids

15:07 The Future of Financial Education with AI

17:30 Hopes for the Next Generation's Financial Future

Inheritance is one of the most emotionally charged topics in family life, especially when families aren’t simple. In this episode, Eli explores what happens when wills aren’t equal, focusing on blended families, step-children, second marriages, and situations where “fair” doesn’t always mean “equal.”

You’ll learn how unequal inheritances can create conflict, why silence around estate decisions often causes more harm than the decisions themselves, and how thoughtful planning and clear communication can protect relationships, not just assets.

This episode is for parents and caregivers who want to make intentional choices, reduce the risk of family rifts, and understand how to structure a will that reflects their values while minimizing confusion and resentment.

Show Links:Website upfinancial.ca
Youtube: www.youtube.com/@elithemoneyguy
Tik Tok tiktok.com/@elithemoneyguy
Instagram instagram.com/elithemoneyguy
Facebook facebook.com/upfinancial.

Chapters List:00:00 Navigating Inheritance: Fairness vs. Equality

02:46 The Emotional Landscape of Inheritance

05:13 Supporting Children with Different Needs

07:10 Communication: The Key to Family Harmony

08:46 Blended Families and Inheritance Challenges

11:19 Cultural Perspectives on Inheritance

13:49 Giving with a Warm Hand vs. Cold Hand

14:03 The Consequences of Inaction

15:44 Tools for Smooth Inheritance Distribution

18:05 Taking Action: First Steps for Parents