Pick up the <em>Financial Literacy Guide</em> from locations around Greater Victoria, or read the e-edition online.

Pick up the Financial Literacy Guide from locations around Greater Victoria, or read the e-edition online.

Financial Literacy Guide shares what local families need to know now

According to a 2020 national survey by FP Canada, Canadians have ranked money as their greatest cause of stress in life – more than personal health, work and relationships. That sentiment was also at the core of the Canadian government’s Task Force on Financial Literacy, founded in the belief that financial literacy is critical to the prosperity and financial well-being of Canadians.

It was with that in mind that Black Press Media published its Financial Literacy Guide, the latest in its series of award-winning community publications that have explored important issues ranging from the overdose crisis to mental health to the coronavirus.

This latest special report, Financial Literacy, a 2021 Resource Guide for Greater Victoria, offers insights, information and tools to help Greater Victorians move forward and prepare for their short- and long-term future.

Published by the Victoria News and Monday Magazine, with community partner Coastal Community Credit Union, the publication is packed with information targeting the four key areas identified by the federal task force:

  1. Knowledge – an understanding of personal and broader financial matters;
  2. Skills – the ability to apply that financial knowledge in everyday life;
  3. Confidence – having the self-assurance to make important decisions; and
  4. Responsible financial decisions – the ability of individuals to use the knowledge, skills and confidence they have gained to make choices appropriate to their own circumstances.

“As we explored the topic of financial literacy for this guide, we quickly learned how important it is for individuals and families to have the skills they need to prepare for their future. I invite you to read on and learn more,” says Ruby Della Siega, publisher of Monday Magazine.

Inside, learn what the experts mean by financial literacy – and why it’s important – the benefits of budgeting and how to do it effectively, and how to talk to your kids about money. Learn why couples should tackle financial matters together, find support for new Canadians, tips for those starting their own business, and how to watch for and protect yourself from scams and investment fraud.

Inside, you’ll also find a comprehensive resource guide filled with handy contacts, organizations and programs designed to help Greater Victorians do more with their money.

Pick the guide up from locations around Greater Victoria, or read the e-edition online here.

And stay tuned…we’re working on many more compelling topics. Together, we can make the community stronger.

FinancesFinancial planning

Just Posted

Oak Bay resident Hugh Thompson died Friday, May 7. (GoFundMe photo)
Oak Bay dad dies mountain biking near Shawnigan Lake

Community rallies around family with online fundraiser

(Black Press Media file photo)
Victoria police use bean bag round in arrest

Man arrested for assault with weapon, uttering threats

Test positivity rates in Greater Victoria from April 23 to 29. (BC CDC data)
Leaked data shows View Royal top of COVID-19 list for Greater Victoria

View Royal mayor says week was a blip for the township, not the norm

A member of the Downtown Victoria Business Association Clean Team works along Fort Street. The team will be working weekends from May through September, providing seven day a week coverage. (Photo courtesy DVBA)
Downtown Victoria cleanup service expanded for spring, summer

Clean Team members to patrol sidewalks seven days a week through September

Gwen Spencer Hethey is one of four athletes being inducted into the Greater Victoria Sports Hall of Fame this year. Here, she is pictured with her mentor Major Frederick Richardson. (Courtesy of Greater Victoria Sports Hall of Fame)
Four new names added to Greater Victoria Sports Hall of Fame

Matt Pettinger, Gwen Spencer Hethey, Peter Lawless and Roger Skillings being inducted

A bullet hole is seen in the windshield of an RCMP vehicle approximately 4 km from Vancouver International Airport after a one person was killed during a shooting outside the international departures terminal at the airport, in Richmond, B.C., Sunday, May 9, 2021. THE CANADIAN PRESS/Darryl Dyck
Homicide team IDs man in fatal YVR shooting as police grapple with spate of gang violence

Man, 20, charged in separate fatal shooting Burnaby over the weekend

The Canadian Forces Snowbirds are in the Comox Valley for their annual spring training. Photo by Erin Haluschak
Suspected bird strike on Snowbirds plane during training in Comox

Pilot followed protocols and landed the aircraft on the ground without any problems

BCIT. (Wikimedia Commons)
BCIT apologizes after employee’s ‘offensive and hurtful’ email leaked to Métis Nation

BCIT says employee’s conduct has been investigated and addressed

An adult male yellow-breasted chat is shown in this undatd photograph on lands protected in collaboration between the En’owkin Centre and Penticton Indian Band with support through ECCC. The rescue from near extinction for a little yellow bird hinges on the wild rose in British Columbia’s Okanagan Valley, a researcher says. THE CANADIAN PRESS/HO, A. Michael Bezener/ En’owkin Centre 2020 *MANDATORY CREDIT*
Rare yellow birds need wild roses to survive in British Columbia: researcher

The importance of local wild roses emerged over a nearly 20-year experiment

Alberni Valley Bulldogs forward comes away with the puck after a battle along the boards with Grizzlies defenceman Jake Veilleux. (ELENA RARDON / ALBERNI VALLEY NEWS)
BCHL: Victoria Grizzlies named Island Champions

Grizzlies edged Alberni Valley Bulldogs in back-to-back matches to claim title

RCMP officers search around rows of luggage carts as screens block off an area of the sidewalk after a shooting outside the international departures terminal at Vancouver International Airport, in Richmond, B.C., Sunday, May 9, 2021. THE CANADIAN PRESS/Darryl Dyck
Police say gang conflict in Metro Vancouver may be behind shooting death at airport

Police said this generation of gangsters is taking things to new level and have no regard for community safety

RCMP are looking for information on an alleged shooting attempt near an elementary school in Smithers March 10. (Phil McLachlan/Capital News/Stock)
UPDATE: Man killed in brazen daylight shooting at Vancouver airport

Details about the police incident are still unknown

Pieces of nephrite jade are shown at a mine site in northwestern B.C. in July 2019. THE CANADIAN PRESS/HO-Tahltan Central Government MANDATORY CREDIT
Indigenous nation opposes jade mining in northwestern B.C.

B.C.’s Mines Act requires operators to prepare a plan to protect cultural heritage resources

The body of Brenda Ware, 35, was found along Highway 93 in Kootenay National Park on Thursday, May 6, 2021. (RCMP handout)
RCMP ask for tips after woman’s body found in Kootenay National Park

Brenda Ware was found along Highway 93 in the park, 54 kilometres north of the town of Radium

Most Read