Why financial literacy matters

By MoneySense Staff on November 6, 2015
Estimated reading time: 1 minute

Plus what to expect during MoneySense Week!

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November is Financial Literacy Month in Canada and in an effort to share concrete wealth-building tips with more Canadians than ever we’ve teamed up with a number of television, radio and publishing partners. Visit MoneySenseWeek.ca daily Nov. 8 – 14 for a collection of stories and resources designed to a improve your knowledge in the areas of saving (Monday), debt management (Tuesday), real estate (Wednesday), investing (Thursday), retirement planning (Friday) and financial advice (Saturday). Watch and listen for more on BT Toronto, CityNews, Cityline, Chatelaine, Today’s Parent, Maclean’s, Canadian Business, 680 News, 660 News and News 1130 and share your favourite tips with your social network using #FLM2015. Effectively managing money is not only part of everyday life, it’s essential for achieving all kinds of goals. “It could be a short-term goal like buying a new mobile device or a ticket to a show. Or long-term, like saving for your kids’ education or for retirement,” said Jane Rooney, Canada’s Financial Literacy Leader, said in a speech to kick off the federal government’s Count me in, Canada program earlier this year. Financial literacy is about having the knowledge, skills and confidence you need to make responsible financial decisions, according to the federal Task Force on Financial Literacy. Here at MoneySense we couldn’t agree more. MoneySense Week was designed to deepen Canadians knowledge, skills and confidence as it relates to finances in a fun and easy-to-understand way. Get started at MoneySenseWeek.ca »