Woodlands School Council

Note: Time is approximate. The presentation will begin immediately after the School Council Meeting finishes.

Please join us in the Woodlands School Library for an entertaining and informative presentation and question/answer session on Money Management for Teenagers.

Discussion Topics

Students will be introduced to money management concepts and strategies. A variety of topics will be covered, including:

• distinguishing between wants and needs;
• budgeting for weekly and special expenses or to track progress toward a goal;
• saving for college/university expenses;
• making your money work for you - an introduction to Savings Bonds, GICS, Mutual Funds and Stocks and the benefits/risks of each
• understanding financial mumbo-jumbo - diversification, risk, liquidity, rates of return, etc.

For parents, we will discuss:

• taking advantage of Registered Educational Savings Plans (RESPs) and the new Tax Free Savings account
• the real cost of going to university
• filing tax returns for minors / transfer of educational deductions
• analysis of the current economic climate and prospects for recovery

About our speaker:

Neil Gaylor

• Former entrepeneur
• 19 years in Financial Services 
• Certified Financial Planner (CFP) since 1997
• affiliated with the Executive and Corporate Division, Investors Group
• 10 years as a Director with Investors Group
• 3x National Director of the Year with Investors Group
• 2008 Top Consultant, West Toronto
• frequent speaker with emphasis on Retirement Planning / Tax Planning
• involved in minor sport in Mississauga