November is Financial Literacy Month!

"Take charge of your finances: It pays to know!"

Here are some key things to remember to help you achieve financial well-being, live within your means, manange money for student life, teach your children about money and with knowing your rights and responsibilities:

  • Budgeting can help you and your family achieve financial well-being by planning for what’s coming in and what’s going out.
  • An emergency fund can protect you and your family in case of a financial emergency. It helps you deal with unexpected situations without having to borrow money.  
  • Paying for post-secondary education and avoiding a heavy debt load is a big challenge. But there are a variety ways to save money while you are in school to cover the costs: living at home, getting grants, bursaries, and taking advantage of tax deductions and tax credits for students. 
  • Start saving early to make sure you have the retirement lifestyle you want. The sooner you start to save, the sooner you will be earning interest, and the more your money will grow.
  • Small changes in your spending habits can have a big impact in your overall financial situation.
  • Spending less than you earn makes you resilient to economic and financial downturns. A heavy debt load makes you more vulnerable if your financial situation changes or if you need to pay for unexpected expenses.
  • If you take on debt, make sure you have a plan to pay it back
  • Tracking expenses and budgeting is essential for living within your means and feeling in control of your financial life.
  • Having a budget and sticking to it can help you manage debt, save money and plan for the future.
  • You need to tweak your budget as life changes and adapt it to your current situation.
  •  Financial literacy is about lifelong learning and is important all year-long.
  • The more you know and understand about your financial rights and responsibilities, the easier it is to avoid costly surprises and to reach your financial goals. 
  • Financial institutions have an obligation to give consumers clear information and protection. 
  • We all have a responsibility to inform ourselves of rates, terms, and penalties associated with financial services and products.
  • Create positive attitudes towards spending, saving and investing by involving your child and modeling behaviours.

You can also find more information on budgeting, money management, insurance, saving, investing, taxes, fraud prevention and more at

Or to learn more about Financial Literacy Month and it's history go to