November is Financial Literacy Month

Did you know…?

  • Nearly 50 per cent of Canadians struggle with simple tasks involving math and numbers;
  • 35 per cent of Canadians do not have any savings or investments; and
  • the average savings in a RRSP is only $55,000.

New research shows kids want to talk more, learn more from parents about money management. 
A new opinion research survey found that only one-third of Canadian youth, ages 10 to 17-years, say that their parents regularly talk with them about money and finances. The research, conducted by Ipsos Reid on behalf of ABC Life Literacy Canada and sponsored by TD Bank Group, found that money is one of the least discussed issues between parents and kids. Read more…

Source: ABCLifeLiteracy.ca

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