Category: Financial Empowerment

Start good habit early: managing money for kids

This is part four of our 5-part series for Financial Literacy Month There are so many things to teach your kids when they are young—and one of the skills that is going to have the most profound impact on the rest of their lives is learning how to manage their money. Passing on financial knowledge …

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How to make wise consumer choices

This is part three of our 5-part series for Financial Literacy Month Ever make a purchase and have regrets afterwards, asking yourself “Why did I buy this?!” Buyer’s remorse affects everyone from time to time, but there are things you can do to prevent yourself from making hasty and regrettable consumer decisions. This is especially …

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How to make a game plan to pay off your debts

This is part two of our 5-part series for Financial Literacy Month Debts can be like birthdays—whether we ignore them or not, they won’t go away. Although it may sometimes be tempting to take an avoidance strategy like not opening those ominous statements, this will only make things worse as debt and interest rates add …

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Finding financial empowerment through RESPs

Talking about money shouldn’t be as hard as it is. Instead of having open, candid discussions about finances, we often keep our fiscal concerns to ourselves and, in turn, let our questions go unanswered. As a Client Coordinator for Family Services of Greater Vancouver’s (FSGV) Financial Empowerment Program, Rocio Vasquez takes the opposite approach: she …

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How Financial Empowerment Builds Strong Communities

Powerful communities are cultivated from the ground up, and when community members don’t have equal access to education, a divide can begin to form. We’ve all heard the timeless idiom, “knowledge is power”, but it’s imperative to realize just how sharply those words ring true. Being financially savvy is an invaluable skill that not only …

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Top Five Tips on Saving for Your Child’s Education

Thinking about funding your kids’ education can seem overwhelming. With education costs rising at over twice the rate of inflation over the last 20 years, developing a strategy and initiating it when your kids are young, becomes critical when tackling the high price tag attached to post-secondary education. Here are five tips to help you …

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