Taxed by COVID-19?
By: Tony Salgado, CPA, CA, CFP, CLU
Financial Literacy on Social Media
Paying off debt is important, and credit card debt should be one of the first ones you tackle, mainly because of its high-interest rates. Here are some pointers on how to say goodbye to credit card debt: https://bit.ly/2HIUh1i?utm_campaign=coschedule&utm_source=twitter&utm_medium=BDODebtSolution
#FLM2020
Taking ownership of debt starts by figuring out how much you owe, the interest you're being charged, and how long it would take to pay off your debts. Our online debt calculator can help you get started: https://bit.ly/35GsQxc?utm_campaign=coschedule&utm_source=twitter&utm_medium=BDODebtSolution
#FLM2020
A survey of approximately 150 Advocis members showed that holding on to investments, updating estate plans & establishing emergency funds have been the most-commonly seen ‘smart moves’ made by clients during the pandemic.
Learn more in our release. https://bit.ly/3mD65Cz
In The News
About Financial Literacy Month
During the month of November, financial services organizations throughout Canada will be participating in Financial Literacy month. Created by the Financial Consumer Agency of Canada, the goal of this initiative is to share information that will help Canadians achieve their financial goals, including managing debt wisely, saving for the future, and understanding their rights and responsibilities.
Throughout November, Canadian organizations combine to educate and engage the public regarding the need for financial literacy and to promote several different services. The overall theme for the month is “Back to Basics.”
If you’re interested in learning more about financial literacy, check out the latest resources on our website, as well as new resources releasing throughout November 2020.
