November is Financial Literacy Month in Canada. Now in its 10th year, this initiative aims to help Canadians better manage their money and debt, save for the future, and learn about the resources available to them.
The term “literacy” is no mistake. A good understanding of money is as essential as knowing how to read and write – yet many of us were never taught these skills growing up. Even for those with a good handle on their finances, 2020 has thrown some curveballs. COVID-19 has put millions of Canadians out of work and sent investments on a wild roller coaster ride.
An important step in improving your financial literacy is taking an active role in creating your financial plan. I’m here to work with you and I want you to feel empowered in the decision-making process.
If you want to learn more about investing, estate planning, tax planning, or how to protect your money, the Manulife Securities Investor Education Centre (www.manulifesecurities.ca/clients/resources/investor-education.html) is a great place to start. It has short articles and videos on a wide range of topics.
As always, if you have any questions, I’m here to talk. Wishing you a happy Financial Literacy Month!