Financial Literacy Week: Take the Pledge

I’m going to let you in on a little secret. I came to as an experienced writer who specialized in real estate and mortgages. I didn’t have a whole pile of personal finance writing under my belt; it wasn’t a prerequisite. In order to be a good writer, you don’t have to be an expert on a given subject, although it is an added bonus. You just have to be able to conduct thorough research and turn that research into something readable for others. That, I can do.

Admittedly, up until a year ago I was just as financially illiterate as the next guy. My monthly bills were too high; I had bad credit card debt and virtually no savings. A year later, my savings have grown substantially, I have freed myself of nasty credit card debt and I have cut back on unnecessary monthly bills. And guess what? You can do it too.

This week is Financial Literacy Week. Help yourself get financially ahead and take the pledge. I dare you!

What is Financial Literacy Week?

According to ABC Life Literacy Canada, “Financial Literacy Week is a national
 awareness and engagement campaign that seeks to increase the financial literacy and math skills of Canadians through access to tools, resources and community events. It will be celebrated from October 30 to November 5, 2011.”

Why is this important?

Based on how many times it has come up in the news this year, it seems Canadians have a hard time managing household debt. Money is such a taboo subject in our society, which makes it difficult for most of us to talk openly on the subject. But if we don’t talk, how will we ever learn? And that’s what and Financial Literacy Week is all about – talking, learning and taking those first steps.

Small changes add up

As the ABC Life Literacy site says, “small steps lead to big changes.” The site provides tips, tools and resources to help boost your financial know-how. The financial literacy glossary lets you test your knowledge of financial terminology. Print off the activity worksheets, create a budget or see where all your money goes each week. The tips and resources section also includes the following helpful items:

  • Spending plan worksheet
  • Track your spending activity sheet
  • Budgeting and saving tips
  • Financial life skills for parents and children
  • Savings plans
  • Ways to borrow money
  • Saving for your child’s future
  • Games, including a word search and crossword puzzle

Along with these great tools, you can also sign up for a weekly newsletter to help keep you on top of your financial game. At, we offer similar tips and tools. Check out our Learn section and read our Weekly Blog. Are you or someone you know thinking about buying their first home? Sign up for our First Time Homebuyer’s Guide and let us walk you through each step so you know what to expect when the time comes.

I promise to…

The “I Promise to” pledge page asks you to take action and make a personal promise to learn something new about personal finance. It will not only help you to better manage your finances, but also give you more confidence when it comes to spending and saving your money. You can simply check one of the boxes provided, or add your own personal promise. Enter your email address for further helpful tips and resources.

My promise

Yup, I took the pledge, too. I figure there’s always more to learn.

My pledge: To find a financial planner and/or small business accountant who can help me prepare for tax season and invest my money somewhere smart. I also pledge to eat from home this month and to contact my financial institution – I’m still paying too much in monthly fees.

What’s your pledge?

Related Topics

Personal Finance / Personal Finance News

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