Free Financial Literacy Resources - To Help Learn and Teach About Managing Your Money
Money is necessary to live – but often hard to manage!
For people coming from a different country, the Canadian money system may be very confusing. The Saskatchewan Financial Literacy Network has tools to help people learn about money in Canada https://sfln.ca/
Many people do not manage their money well and end up spending more than they have. This leads to major debt - owing money to others or to financial institutions like banks or credit card companies.
There are a lot of people who do not know how to save for the future.
It is important to save some money for when you are older and no longer have an income from working, or to help pay for children to go to post-secondary school.
The majority of consumers overspend at certain times of the year.
There are times of the year when stores increase their advertising and drop prices, trying to get you to spend your money on things you don't need or to buy gifts. This is happening right now, as we head into the Christmas/Winter holiday season. Other examples are back to school shopping, Halloween, the start of a new season (winter or summer), etc.
The Saskatchewan Literacy Foundation is a organization that provides people with information needed to make better financial decisions. Their website has tools and information for parents, educators, children of different ages, and adults of all ages.
- Parents: Teach your children about money at home! Songs, games, videos, etc. for preschool to teen and young adults can be found here https://talkwithourkidsaboutmoney.com/resource_type/home-resources/
- Teachers: Ideas for teaching about finances, and Money Fairs (students research a topic, present their findings and share with the class or community) can be found here https://talkwithourkidsaboutmoney.com/moneyfair/
- Money Basics: Links to tools that plan a budget and answers to different money questions can be found herehttps://sfln.ca/resource-subjects/money-basics/
- Government of Canada Videos: Links to videos about credit cards, loans, saving, spending, mortgages, etc. - developed by the Government of Canada Financial Consumer Agency - can be found here ://www.canada.ca/en/financial-consumer-agency/services/financial-basics/financial-basics-videos.html