My Province Is More Financially Savvy Than Yours: RBC Survey
Economic News / Personal Finance / Personal Finance News

My Province Is More Financially Savvy Than Yours: RBC Survey

When it comes to personal finance, Canadians are know-it-alls. Or at least they think they are, according to the RBC Canadian Consumer Outlook survey. On a national scale, 70 per cent of Canadians rate their own financial knowledge as “excellent / good”, while another 65 per cent think the average Canadian’s ranks as “not very good” when it comes to financial know-how. Continue reading »

Why Money Doesn’t Control Me Anymore

Why Money Doesn’t Control Me Anymore

Some people are naturally good with their money. They spend less than they make, and they’re able to put money away without the temptation to spend it – but not me. I’ve always been bad with my money; it controlled my life for years. The day my life changed was when I couldn’t even afford to take the bus to work. I realized that my debt was holding me back from the life I wanted for myself. Continue reading »

Are We Financially Illiterate?
Personal Finance / Personal Finance News

Are We Financially Illiterate?

Earlier this week, the Ontario Government announced that financial literacy would be incorporated into the 2011-12 curriculum, for grades four through twelve. Partnering with both the Ontario Securities Commission and the Investor Education Fund, the province wants to develop materials that will teach students the basics about money and will later help them make informed financial decisions. But why now? Continue reading »