Comments on: $5,000 to Children in Canada who Don't Smoke Throughout Highschool… http://wheredoesallmymoneygo.com/5000-to-children-in-canada-who-dont-smoke-throughout-highschool/ A personal finance blog written by Preet Banerjee Sat, 11 Feb 2012 16:22:10 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Gerard Leclerc http://wheredoesallmymoneygo.com/5000-to-children-in-canada-who-dont-smoke-throughout-highschool/#comment-426 Gerard Leclerc Mon, 06 Jul 2009 17:59:34 +0000 http://symbiantcapital.com/2008/01/19/5000-to-children-in-canada-who-dont-smoke-throughout-highschool/#comment-426 When my daughter came home from school with the comments she is eligible for $5000 free money if she did not smoke until graduating High school I suspected something was missing also. Your calculations hit the nail on the head. When my daughter came home from school with the comments she is eligible for $5000 free money if she did not smoke until graduating High school I suspected something was missing also. Your calculations hit the nail on the head.

]]> By: jim http://wheredoesallmymoneygo.com/5000-to-children-in-canada-who-dont-smoke-throughout-highschool/#comment-425 jim Wed, 04 Feb 2009 23:23:11 +0000 http://symbiantcapital.com/2008/01/19/5000-to-children-in-canada-who-dont-smoke-throughout-highschool/#comment-425 Thanks for the blog post.... I heard the radio ad and started doing the calculations and it all seemed really fishy to me too. I started Google'ing around and found your blog post and it confirmed my suspicions. It's really unfortunate actually. I think it would be an awesome program if it was legit, and that the majority of the money came from a government grant and some private sector money. Maybe the parents/donors could contribute $1000 and the rest of the money would come from interest, and the aforementioned sources. Of course full accountability and disclosure should be required. Thanks for the blog post…. I heard the radio ad and started doing the calculations and it all seemed really fishy to me too. I started Google’ing around and found your blog post and it confirmed my suspicions.

It’s really unfortunate actually. I think it would be an awesome program if it was legit, and that the majority of the money came from a government grant and some private sector money. Maybe the parents/donors could contribute $1000 and the rest of the money would come from interest, and the aforementioned sources. Of course full accountability and disclosure should be required.

]]> By: pat http://wheredoesallmymoneygo.com/5000-to-children-in-canada-who-dont-smoke-throughout-highschool/#comment-424 pat Tue, 09 Dec 2008 19:04:06 +0000 http://symbiantcapital.com/2008/01/19/5000-to-children-in-canada-who-dont-smoke-throughout-highschool/#comment-424 you are one smart guy thanks for sharing this you are one smart guy thanks for sharing this

]]> By: Ray The Money Man http://wheredoesallmymoneygo.com/5000-to-children-in-canada-who-dont-smoke-throughout-highschool/#comment-423 Ray The Money Man Sat, 25 Oct 2008 22:08:19 +0000 http://symbiantcapital.com/2008/01/19/5000-to-children-in-canada-who-dont-smoke-throughout-highschool/#comment-423 No matter what they tell you, they are just trying to polish a turd. Great post! No matter what they tell you, they are just trying to polish a turd.

Great post!

]]> By: Preet http://wheredoesallmymoneygo.com/5000-to-children-in-canada-who-dont-smoke-throughout-highschool/#comment-422 Preet Mon, 22 Sep 2008 16:38:32 +0000 http://symbiantcapital.com/2008/01/19/5000-to-children-in-canada-who-dont-smoke-throughout-highschool/#comment-422 @Mr.Cheap - I would venture to guess that the reps are telling donors that the money they contribute on an after tax basis makes the numbers look fine. But any way you cut it, this is a bad deal. @Mr.Cheap – I would venture to guess that the reps are telling donors that the money they contribute on an after tax basis makes the numbers look fine. But any way you cut it, this is a bad deal.

]]> By: Mr. Cheap http://wheredoesallmymoneygo.com/5000-to-children-in-canada-who-dont-smoke-throughout-highschool/#comment-421 Mr. Cheap Mon, 22 Sep 2008 15:08:59 +0000 http://symbiantcapital.com/2008/01/19/5000-to-children-in-canada-who-dont-smoke-throughout-highschool/#comment-421 I've found that whenever you look too closely at non-profits and charities you'll eventually start digging up unsettling information (as you have)... If the donor stops contributing, its the child's responsibility to replace them (from the faq). Quite lame. I think in this case, it'd be better if the donors just made an arrangement directly with the child. I’ve found that whenever you look too closely at non-profits and charities you’ll eventually start digging up unsettling information (as you have)…

If the donor stops contributing, its the child’s responsibility to replace them (from the faq). Quite lame.

I think in this case, it’d be better if the donors just made an arrangement directly with the child.

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