Managing your money, debt and investments, planning for retirement and protecting yourself from consumer fraud - November is the 10th Anniversary of Financial Literacy Month and a good time to review how you are doing.
It is important that we all know how to protect ourselves, our identity and our money from frauds and scams. Did you know that each year Canadians lose an estimated $100 million dollars to a variety of scams? In the past six months, loss to Covid-19 fraud was $6.2million. Lean more in the webinar hosted by the Vancouver Public Library taking place on November 24.
The Canadian Government has many online tips and tools to help you better manage your finances in challenging times. These include making a budget to keep track of your money, minimizing debt, and understanding financial products and services. You can also learn how your credit score is calculated and how to make it better.
If you have any questions about your financial well-being, we ask you to give us a call. We can provide complimentary advice.
Financial Literacy Month is online in November. Follow them at @FCACan and #FLM220.