November is Financial Literacy Month! Throughout this month, financial education providers offer a wide range of events to help Canadian to learn how to manage their personal finances. A complete lists of these events and resources can be found with the link: Canadian Financial Literacy Database.
Financial literacy is having the knowledge, skills and confidence to make responsible financial decisions.
- Knowledgerefers to an understanding of personal and broader financial matters
- Skillsrefer to the ability to apply that financial knowledge in everyday life
- Confidencemeans having the self-assurance to make important decisions
- Responsible financial decisionsrefers to the ability of individuals to use the knowledge, skills and confidence they have gained to make choices appropriate to their own circumstances.1
Source: http://www.fcac-acfc.gc.ca/eng/financialLiteracy/Pages/home-accueil.aspxl
For more information about the Financial Literacy Month, please visit: http://Canada.ca/Financial-Literacy-Month
Source: Financial Consumer Agency of Canada
