Tag - Financial Literacy

July 2017

power-of-attorney-dealing-with-parents-debts

Can power of attorney help you manage your parents’ debts?

When a person struggles to manage their finances, someone else may obtain power of attorney to assist them or to manage their finances for them. This may be the case for an older person who, even though they are still lucid, are unable to manage their budget. When that person has children, power of attorney is generally granted to one of them, provided they are at least 18 years of age. (more…)

February 2017

Personal-finances-free-online-tools

5 free online tools to improve your personal finances

Maintaining or improving your financial health can be an enormous challenge. Fortunately, several online tools are available to help you expand your knowledge on your personal finances and repay your debts, among other things. Simple and easily accessible, these tools can be a first step towards a healthier financial situation. That being said, remember that the advice of an insolvency professional is your best option if your debts are very high and your financial situation is precarious. (more…)

October 2016

Financial Literacy Month

Financial literacy: Best practices with credit

Did you know that November is Financial Literacy Month? Since 2011, by means of this initiative, organizations and companies are encouraged  to mobilize to educate consumers and help them make responsible financial decisions. This year’s theme is “Take charge of your finances: It pays to know!” Note: this post has been updated on November 7, 2017. If you want to learn more about Financial Literacy Month and the appropriate use of credit, this article is for you. You’ll learn how good credit practices can help you better manage your debt. The importance of Financial Literacy Month (FLM) Financial Literacy Month is important. Its goal is to reinforce the financial health of Canadians. This November, various tools and information will be provided each week. [...]

December 2015

11 ways to resist christmas consumerism

11 Ways to Resist Christmas Consumerism

The spirit of Christmas is embodied in values like family, love, friendship and sharing. With a bit of time and good planning, it’s possible to have a memorable Christmas without spending a lot of money. Resorting to consumerism doesn’t guarantee happiness. It’s a good idea to avoid this trap if possible, because once you step foot in it, it can be difficult to get out. (more…)

September 2014

GGA-Blogue-educFinanciere-EN

Teaching Children the Value of Money

Generation Y, better known as millennials, are currently between the ages of 18 and 37 and have more debt than any previous generation. While the millennials’ debt is a result of many factors, such as the ease with which they can obtain credit and loans and the generation’s tendency for overconsumption, we must not overlook their lack of financial education. (more…)