FREE Financial Literacy Program

Each day we all make decisions. Most decisions are simple, such as “What should I wear?” or “What should I eat?” Other decisions are more complex, such as “Should I buy a new or used car?”
As decision-making skills are used and improved, a person’s quality of life is enhanced. Wiser choices result in better use of time, money, and other resources.
This lesson will provide students with an opportunity to learn more about decision making.

Decisions and Goals




Loans and Expenses 

Starting university or college?  It might be the first time you will live on your own and handle your own finances.  In preparing to live on your own, you are reminded of the budgeting process.  This will help encourage you to carefully consider variable, fixed, and flexible expenses.  Should I lease or buy a car?  Should I buy a new car or a used car?  

Or are you considering buying your first home?  The process of buying a home can be overwhelming.  We will introduce you to a five-step process for home-buying.  Relax, we can help.

Banking and Credit

If you have a chequing account, you can write cheques to pay bills or have regular expenses paid automatically out of your account. A chequing account gives you the considerable benefit of a bank card, which gives you access to thousands of ATM's across Canada. This lesson will investigate the different banking institutions and accounts that are available.  

 

Getting a handle on how to invest is worth the effort. After all, having worked so hard for your money, your money should work for you. The first and most important investment is the time it takes to learn what investing is all about.

 

In today's world, using credit has been integrated into every day life. Once a person decides to use credit, an awareness of the types of credit is needed. What is APR? What is a grace period? What are transaction fees? These and other questions will be answered as you learn about credit cards.  

Consumer Knowledge 

“If you only spend money on the things you really need, you will always have money for the things you really want.” Wise consumer buying starts with a plan. Using a systematic purchasing strategy will provide students with an ability to make more effective purchases.

 

Most financial problems are a result of overspending, the misuse of credit, and unexpected emergencies. When difficulties arise, first contact the creditors. Next, efforts should be made to revise spending patterns.





About Consumer Privacy

Identity fraud, the theft and use of personal information for criminal purposes, is one of the fastest-growing crimes in Canada.

This lesson starts with a discussion of the types of databases in existence that may hold personal information. These databases can exist in the public or private sector. These records are accessed and used by various organizations. An awareness of these records will ensure that consumers are cautious when giving their important personal information to anyone.

 

To register for this program call (506) 470-1450 or email financial.lit@cvala.ca





           This organization is proudly supported by a grant from the TD Financial Literacy Grant Fund.


















 

TD Financial Literacy Grant Fund / Fonds de subventions d'education financiere TD
Fonds de subventions d'education financiere TD
TD Financial Literacy Grant Fund
Central Valley Adult Learning Association (CVALA)
New Brunswick / Nouveau Brunswick

CHARITABLE NUMBER: 80811 3211 RR0001

Copyright 2014 CVALA.