7 Financial Literacy
Slides: Financial Literacy
Video: Financial literacy – cash and cheques (2:16)
Video: Debit Cards and Credit Cards (3:05)
Video: E-transfers and Bank Drafts (1:30)
Video: Online Payments, Digital Wallet, and Cryptocurrencies (1:48)
Video: Interest (0:52)
Video: Fees (1:19)
Video: Types of Financial Institutions (1:15)
Video: Chequing and Savings Accounts (1:30)
Video: TFSAs and RRSPs (3:26)
Video: Earning Interest (1:11)
Video: Paying Interest (2:12)
Video: Loans, Mortgages, Student Loans (2:32)
See the student loan debt repayment estimator here:
Employment and Social Development Canada. (2019). CanLearn Tools: Loan Repayment Estimator. https://tools.canlearn.ca/cslgs-scpse/cln-cln/crp-lrc/af.nlindex-eng.do
Video: Debt (1:50)
Video: Emergency Funds (2:30)
Resource and my reference for learning about emergency funds:
Hunt, M. (2019). Why Have an Emergency Fund and How to Get It. Everyday Cheapskate. https://www.everydaycheapskate.com/why-you-need-an-emergency-fund-and-how-to-get-it/
Video: How to Build an Emergency Fund (1:41)
Hunt, M. (2019). Why Have an Emergency Fund and How to Get It. Everyday Cheapskate. https://www.everydaycheapskate.com/why-you-need-an-emergency-fund-and-how-to-get-it/
Video: Investing (1:30)
Video: Types of Investments (2:05)
Additional Financial Literacy Resources
- thebrownreport.com. (2019, January 28). The 3 Keys to Financial Literacy [YouTube Video]. https://www.youtube.com/watch?v=nDi22OY4rLw
- GBR. (2018, November 6). How to Read a Check… Explained in 90 Seconds | How to | GBR [YouTube Video]. https://www.youtube.com/watch?v=ABOaiimXHYs
- Mint.com. (2019, August 20). Credit Card vs. Debit Card Explained In Under 2 Minutes [YouTube Video]. https://www.youtube.com/watch?v=T3wxogO1nYU
Identify one or more ways to earn more interest or save money on banking, and create a plan to implement a change in this area.
This could include large or small changes such as setting up a no-fee chequing account, switching to an account that includes free transactions, changing the way you complete transactions, or researching to find out where to get the best interest rate on a savings account.
Even if you are already getting good rates and banking with no fees, it is possible that there is a promotional offer you are missing out on – these change all the time.
Choose a small change that is applicable to your own situation that will help you earn more interest or save money on banking.
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