November 1, 2020, marks the 10th anniversary of Financial Literacy Month in Canada. An initiative started by community groups, not-for-profits, and governing bodies seeking to improve Canadians’ overall financial literacy.
Did you know that over 4 out of 10 Canadians report that money is a daily concern?*
Over the next month, Westoba will provide some resources through our social channels for you and your family to use to boost your confidence and increase your skills around financial decisions.
“In today’s climate, we want our members and the public, to continue to build their financial knowledge. Knowledge is power – whether creating a budget, building credit, or avoiding financial scams – we want our members to be empowered to make the right decisions,” says Henry Neufeld, Senior Manager of Member Experience at Westoba.
So, where should you start? Without a doubt, this years’ economic crisis has touched on every income level and people may find themselves struggling more than ever. As we launch Financial Literacy Month, here are some great resources for you to leverage to better understand your finances:
Government of Canada resource that provides everything from mortgage calculators to how to set up an emergency fund. https://www.canada.ca/en/financial-consumer-agency/campaigns/financial-literacy-month.html
Unbiased and vital information and tools to help build confidence and tackle some of the money issues that many Manitobans may face in their day-to-day lives. https://www.moneysmartmanitoba.ca/
Free, non-commercial resources to help manage your finances and provide you with the tools you need during this crisis – and beyond. https://www.cpacanada.ca/en/the-cpa-profession/financial-literacy/financial-literacy-resources/covid-19-financial-literacy-resources
If you have questions about your finances and need a consultation, visit https://westoba.com/make-an-appointment and let’s get you in for a chat.
Stay tuned all month on our social channels for financial literacy news, help, and guidance. Thanks for reading.