financial literacy – CanadaMortgageNews.ca

Posted December 11, 2020 Debt

Finance Series – Part Two: Financial Literacy

I know it might seem strange to look at what financial literacy means in the second post of a financial series and not the first, but sometimes, with every step forward we need to take a step back and look at the bigger picture. This is more true in finance than anywhere. So what better way to do that than to break it down now.

Posted November 10, 20201 Comment Finance

It’s Financial Literacy Month

We’re celebrating Financial Literacy Month!

Join Senior Economist, Ted Tsiakopoulos and Mortgage Broker, Steve Garganis Thursday, Nov 12, 2020, at 1:00 PM Eastern Time for a chat about budgets, savings, debt, and more.

Register Now: https://buff.ly/3lhmUl3

Hot Topics:

Interest Rates, Savings, Debt and Budgeting trends
Good debt vs bad debt: How debt affects the economy, housing prices and financial stability
Bankruptcy vs Consumer Proposal.
Bank of Canada interest rate policy now till 2023 – Risks??
Why the second line of defence (macroprudential policies) is necessary despite the recent rise in savings
Where does the problem lie? Disaggregating debt to asset ratio by age and income
Trends in financial literacy
Disruptions coming post-COVID & importance of financial literacy & skills