Observing Financial Literacy Week is a great idea. But there are 51 other weeks in a year where you should also be concentrating on how to reduce costs, save money, and improve your investments for the future. Here are five areas to focus on.
First off, congratulations to you. You followed your gut instincts and launched a business. Now, truly against the odds, it’s not only survived, but is flourishing. However, owning a successful business does not necessarily equate to a successful retirement plan. Here’s a look at some options to help ensure you retire the way you’d like.
A post secondary education is no longer a luxury. The best way to prepare for this probably inevitable part of your children’s young adult lives is to save. The very best way to save is through a registered education savings plan (RESP).
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?