Financial literacy is the understanding and use various financial skills, including personal financial management, budgeting and investing. It is the foundation of your relationship with money and it is a lifelong journey of learning.
Financial literacy is a means to financial empowerment, which increases income security - one of the PPRC's priority areas, as outlined in the 2018-2028 Peel Poverty Reduction Strategy.
- The 2022 – 2023 Financial Literacy Infographic: This highlights available benefits, credits and programs for tax filing.
- The 2021 – 2022 Financial Literacy Infographic is also available in French, Spanish, Simplified Chinese, Arabic, Punjabi and Urdu.
- In partnership with Alterna Credit Union Ltd., the PPRC hosted its first financial literacy event: ‘Money Talks’ on November 24, 2021. The topics covered at this event included: ‘The pillars of financial literacy’, ‘Tax benefits and credits’, and ‘Budgeting 101’.
- Budget Planner Tool: The Financial Consumer Agency of Canada (FCAC) has developed a budget planner to help residents create a customized budget in 3 simple steps. You will need information regarding your income and expenses to customize your budget.