Now might be a perfect time to involve children in discussions about saving money and encourage them to practice making their own saving decisions.
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The act of choosing to save or spend money often involves considering a future point in time. Greater focus on saving and budgeting can help children better develop saving skills.
Ontario’s new financial literacy curriculum covers financial literacy, including budget-making, credit cards and compound interest.
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Ontario’s new math curriculum was written by competent mathematicians relying on the latest research, and includes both coding and social-emotional learning.
As a former financial counsellor and former consumer credit educator for ASIC, here’s what I think you need to know if you’re considering mortgage deferral, rent relief or bankruptcy.
In an era of data breaches and privacy intrusions, the majority of Canadians want paper bills. So why aren’t organizations listening to them?
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In an era of data breaches and data privacy concerns, governments should enshrine in law a requirement for companies and banks to send paper bills and statements in order to protect consumers.
Arming young people with financial capabilities does improve their employment prospects, but how exactly is still not clear. One possibility is that financial literacy boosts their confidence
Canadians, like many other people around the world, are stressing about money and have amassed a lot of credit-card debt.
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People are stressed out about money, with most of us struggling to make ends meet due to abusing credits cards and amassing consumer debt. Some tips on how to change your spending behaviour.
Research suggests we should consider our own care needs, as well as our families’ care needs, when we plan our financial futures.
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Evidence suggests that black South Africans can and do save money – just not for retirement.
Indigenous youth planning on attending post-secondary education would benefit from appropriate financial literacy information. Here students Cheyenne Wilson, 13, Roy Joseph, 13, centre, and Connor Roberts, 13, after attending a presentation by B.C.‘s representative for Children and Youth at Shoreline Community School in Victoria, B.C., on May 15, 2018.
THE CANADIAN PRESS/Chad Hipolito
Indigenous entrepreneurship is growing at a rate six times faster than the general Canadian population and it is 10 years younger. Culturally relevant financial literacy is critical to its success.
Better-educated people are better equipped to ask the right questions and make more informed decisions.
Dirk Baur, The University of Western Australia; Elizabeth Ooi, The University of Western Australia, and Paul Gerrans, The University of Western Australia
Let’s recognise the limitations of regulation as we try to improve outcomes. Money spent on new regulations may be better put to further educating future customers.
The collapse of a royal commission witness provided a reminder of the stark differences between financial services and health services when it comes to caring for customers.
Stefan Postles/AAP
The financial services industry is in need of a new paradigm to rediscover what finance is for – to improve the financial and economic well-being of society.
The enormous Household, Income and Labour Dynamics in Australia (HILDA) survey tells the stories of the same group of Australians over the course of their lives.
Mavis Wong/The Conversation NY-BD-CC
What the huge HILDA survey reveals about your economic well-being, health and family life.
The Conversation, CC BY53.6 MB(download)
On today's episode, we'll hear what the huge HILDA survey says on Australians' financial literacy, energy use, how many of us are delaying getting a driver's license and how our economy is changing.
The latest HILDA data found women exhibiting much lower levels of financial literacy than men.
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The Household, Income and Labour Dynamics in Australia (HILDA) Survey, out today, found women exhibiting much lower levels of financial literacy than men. How do you score?
CatholicCare NT has teams who take time to develop culturally and community appropriate practices.
Photo credit: J. Louth
Research suggests that the reason people may put off funding their 401(k) plans or managing credit card debt is because our perception of finance as ‘cold’ conflicts with our hot-blooded emotions.
There is a strong relationship between a low socioeconomic background and low financial literacy.
AAP
The federal government is trying to make Australians more financially literate, but it’s using a definition that ignores many political, economic and cultural factors.
Professorial Fellow and Deputy Director (Research), HILDA Survey, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne