Adults

Brushing up on the basics of money management, improving your financial habits, and knowing your rights and responsibilities when using financial products and services helps you to be a savvier and more confident financial consumer.

Click on the headings below to jump to a topic:

• General Financial Literacy Information
• Budgeting
• Scam and Fraud Awareness
• Retirement
• Investing Basics
• Banking and Credit
• Debt and Loans

 

General Financial Literacy Information  

• Personal Finance: While some of the information found on the Rutgers University - Personal Finance educational page is specific to the United States, many of the key concepts of personal finance are similar to those in Canada.
• Financial Literacy information for newcomers to Canada

 

Budgeting

• Financial Consumer Agency of Canada (FCAC) Budget Planner
• Budget Calculator: Use this calculator to find out if you can put more of your money toward financial goals -- like saving for retirement or paying down your debt!
• About Budgeting: Everything you ever wanted to know. 

 

Scam and Fraud Awareness

• BBB Scam Tracker Risk Report: Information to shed light on how scams are being perpetrated, who is being targeted, which scams have the greatest impact, and much more. 
• Canadian Anti-Fraud Centre: Helps you to recognize it, report it, and stop it.
• Canadian Consumer Handbook: Information to help you protect your identity and your money from scams and fraud.
• Identity Theft Risk Assessment Quiz: Find out whether you are at risk of becoming an identity theft victim.

 

Retirement

• Planning for Retirement: Learn about how much you need to save, ways to save for retirement, and take the retirement lifestyle quiz.
• Member Investment Tips: Do you contribute to a defined contribution pension plan? Tips to help you meet your retirement goals.
• CAPSA Defined Contribution Pension Plan Retirement Guide - a guide to help understand and use your defined contribution pension plan.

 

Investing Basics

• Investing Basics: Learn about the fundamentals of investing with easy-to-follow explanations, worksheets, checklists, and more.
• Investor Tools and Information: The basics of investing, working with an adviser, understanding your investments, and avoiding fraud.
• Investment Tolerance Quiz: This quiz will give you an idea of how much risk you are really willing to take with your money.

 

Banking and Credit

• The Risks of Screen Scraping
• Choosing a Bank Account Tool: Which chequing and savings account is right for you?
• Credit Card Payment Calculator: Compares three different payment options for paying off your credit card balance.

 

Debt and Loans

• Is a variable rate mortgage or loan right for you?
• Understanding your loan amortization period
• Debt Management Infographic: How to tackle your debt
• Mortgage Tools: Use these tools to find out what kind of mortgage you can afford and options for making manageable payments.