Find out if you have the financial knowledge you need to manage your money and investments well… or if you could benefit from some advice. Here is a test that will allow you to know your level of financial literacy.
How to improve your financial literacy
What can a lack of financial knowledge do? It can cause you to make decisions that would harm your portfolio. But by enriching your knowledge, you will know better how to manage your money. Spending a few minutes a day informing yourself on the subject will give you good tools.
You do not know where to start? Why not explore the Government of Canada’s financial literacy program? You will find the basics of managing personal finances and a workshop that will help you understand your credit report.
Get help from a finance professional
Who doesn’t need advice? No matter how financially literate you are, talking to an advisor can be a good idea. This can:
give you the knowledge you lack;
respond to your financial questions or concerns;
make you discover solutions that you would not have thought of;
give you personalized advice based on your needs and financial situation.
Most counselors now offer meetings by phone or video call. Contact an advisor today.
3 things an advisor can do for you during COVID-19
How to do business with an advisor during the COVID-19 crisis
We all know that money can have a huge influence on our life. But it’s not always an easy subject to talk about. In our new Time and Money podcast series, local people tell us about their relationship with money. This series shows that discussing money openly and candidly can help us lead healthier and happier lives. Come listen to their stories.
