ANXIOUS ABOUT YOUR FINANCES? BLAME YOUR PARENTS: SURVEY

Canadians who feel shame and anxiety over their finances might have their parents to blame for their money shortcomings, new research suggests. Sixty-five per cent of Canadian parents say their own parents' relationship with money has directly impacted their financial lives, according to a survey by Leger for Mydoh, a money management app for young people backed by the Royal Bank of Canada. More than half of those surveyed think their parents didn't do enough to teach them financial basics, such as budgeting. That's led to a collective sense of angst when it comes to money matters. Overall, parents of children ages 6 to 18 say they carry shame and doubt around their financial management skills, the survey said, and 62 per cent say their mental health has taken a hit thanks to poor financial decisions.