Financial Literacy

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.

Resources

• 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.