This November marks the 10th year of Financial Literacy Month. Here you'll find an exhaustive list of articles, resources and calculators to increase your prosperity.
Your brain on financial stress
- Article on stress and your financial decisions
- Article on financial stress
- Article on financial heuristics
- Article on financial biases
Learning about investments
- Introduction to investing:
- Understanding investment risk:
Mutual fund basics
- Article on mutual fund and segregated funds
- Article on how mutual funds work
- Article on alternative mutual funds
Tax shelters
- Overview of RRSPs (Registered Retirement Savings Plans)
- Overview of TFSAs (Tax Free Savings Accounts)
- RRSP savings calculator
Investment ins and outs
- Retirement income calculator
- Article on Group RRSPs
- Article on pension plans
- Financial goal calculator
- Definition of management expense ratio (MERs)
- Article on mutual fund fees
- Article on ETF fees
Debt
- Article on the difference between a credit counsellor and a bankruptcy trustee
- Credit card accelerated payment calculator
- Make a budget
- Credit card payment calculator
Burn your mortgage
- Mortgage calculator
- Mortgage payment calculator
Checking your credit report & score& keeping it high
- Credit reports and scores
- Article on checking your credit report
- Article on improving your credit score
- Article on your credit scores and consumer statements
- Overview of RESPs (Registered Education Savings Plans)
Keep and eye out for fraud
- Article on identity theft
- Canadian Anti-Fraud Centre
Saving for your future self
- Resources and articles about financial planning
- RESP resources
- Article on dollar cost averaging
- Article on behavioural economics and nudge behaviour in financial planning
Resources for Seniors and Students:
- Your Money Seniors from the Canadian Bankers Association
- Your Money Students from the Canadian Bankers Association
Other resources and calculators:
- Mortgage qualifier tool
- Credit card comparison tool
- Bank account comparison tool
- Vehicle lease or buy calculator
- Canadian Financial Literacy Database
- Pay down or invest calculator
- Personal Financial Inventory
- Simple 2020 Canadian tax calculator