November is Financial Literacy Month
The Government of Canada has declared November to be Financial Literacy Month (FLM). On it’s national governing agency’s web site the Financial Consumer Agency of Canada FCAC states that “Financial literacy means having the knowledge, skills and confidence to make responsible financial decisions.”
More than ever more Canadian individuals and families are finding themselves in deeper levels of debt, making them sometimes feel lonely and helpless. The Canadian Government in its commitment to help Canadians manage or avoid debt, have created this month to be focused on education, financial knowledge creation and personal empowerment to take control of their financial future and health.
This years theme for Financial Literacy Month is Strengthening Financial Literacy through Collaboration. The Financial Consumer Agency of Canada emphasizes “the importance of coordinating efforts of organizations that offer programs, resources, information and services to help Canadians understand and manage their personal finances.”
In our commitment to Financial Literacy Month we will be sharing throughout the month information and resources about financial literacy. Make sure to return here regularly and check out our blog postings. We will also be active on our social media sources. You can follow us by clicking on our social media links above; including Google+, Facebook, Twitter, and many more (see above).
Remember that there is help available should you be stuck in a difficult place with debt management or other personal financial matters. Below are some links that you may find helpful:
Find out how your money management skills measure up
- get out of debt
- save for retirement
- save for other priorities, such as education, a down payment, a vacation, an emergency fund and more.
Good budgeting and money management are the foundation for putting your finances on solid ground. Financial goals can be anything from saving for a purchase to paying down debt to saving for retirement.
Helping Canadian’s establish a culture of responsible financial behaviour.