The Bank of Parents

Half Banked

May 3 2023 • 33 mins

To kick off the first season of Half Banked, we explore a touchy subject for young Canadians: Borrowing money from your parents. Cadeem Lalor and Lauren Bird go straight to the source and ask Cadeem’s mom. Leadership expert, Schulich School of Business professor and host of the UpSkill Talks podcast Michel Shah talks about how she handled teaching Cadeem about money management and lending him cash over the years — and why she eventually had to cut him off. The hosts also talk to financial therapist Ashley Agnew about what you can do to make asking your parents for a loan less awkward.

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