Adopting Effective Money Management Practices

Adopting Effective Money Management Practices
Preview Tool (PDF)

Ontario edition


Caring for your grandchildren, especially when you don’t expect it, can

present unforeseen challenges. Many grandparents experience difficulty

managing their finances and budgeting from their income appropriately,

particularly because they have retired, are unable to work, or did not

think they would have to take care of their grandchildren.

You may be unsure about how to budget your monthly income to raise

your grandchild. You may find that, financially and socially, raising

children today has changed substantially from what you experienced

when you raised your children. This pamphlet is designed to help you

budget and manage your money, and prepare for the costs of raising

your grandchild.

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National Initiative for the Care of the Elderly (NICE)
246 Bloor Street West, Room 234
Toronto, Ontario M5S 1V4, Canada