November is Financial Literacy Month in Canada. Throughout the month, we encourage you, our members, to take control of your finances and reduce financial stress by making a budget, having a savings and debt reduction plan, and understanding your financial rights and responsibilities.
Financial literacy is important for the financial well-being of individuals, but also for the economy as a whole. Understanding the basics about money is as essential today as numeracy and basic literacy.
We know that it isn’t always easy to live within our means, and debt can accumulate quickly. Having a plan to pay off debt will go a long way to reducing financial stress. Spending more than you earn makes you less resilient to economic surprises. A heavy debt load makes you more vulnerable if your financial situation changes or if you need to pay for unexpected expenses.
Learn more at https://www.Canada.ca/financial-literacy-month
We can help. Call us at CCEC to meet with one of our financial advisors.