Money Mentors Kicks-Off Campaign to Promote Financial Literacy in Alberta

CALGARY, Oct. 21, 2013 /CNW/ - Discussions about finances can be seen as taboo, but the Financial Consumer Agency of Canada (FCAC) and Money Mentors want that to change during Financial Literacy Month.

November is Financial Literacy Month in Canada. Spearheaded by the Financial Consumer Agency of Canada (FCAC), the month will be dedicated to raising awareness about programs, resources, information and services to help Canadians understand and manage their personal finances.

"Finances shouldn't been seen as an uncomfortable discussion topic," says William Akoto, Marketing and Communications Manager for Money Mentors, the only not-for-profit debt and credit counselling agency based in Alberta promoting financial literacy throughout the province. "We believe it's important to advocate for and discuss financial literacy so Canadians can understand personal finance and gain skills that will help them successfully manage and balance their finances."

And with consumer debt at a reported all time high with Canadians reportedly owing just over $1.63 for every $1 in disposable income they earn in a year, it's the perfect time for Canadians of all ages to enhance their financial know-how.

"Financial literacy is basically the ability to understand personal finance and gain skills that will help you to successfully manage and balance your finances," says Akoto. "We believe it is never too early or too late to begin developing financial literacy skills that will help you take control of your hard-earned money."

As part of Financial Literacy Month, Money Mentors will host FREE financial events in Edmonton and Calgary in November, featuring well-known Canadian financial experts and authors Kelley Keehn and Bruce Sellery.

"I'm delighted to be part of this wonderful event," says Keehn, a well-known personal finance expert who will be sharing the ten lessons of the super wealthy as part of her presentation. "Money problems is still a huge taboo topic in our society today. We wouldn't think twice about going to a doctor if we feel ill, but who does one turn to when they're financially ill or unwell? The events Money Mentors is hosting as part of Financial Literacy Month will help many Canadians break free from that taboo, helping to bring them closer to their financial goals."

For more information on the event visit Money Mentor's event page: http://www.moneymentors.ca/events/an-evening-with-kelley-keehn-and-bruce-sellery.html

For more information on Financial Literacy Month visit the Financial Consumer Agency of Canada's information page: http://www.fcac-acfc.gc.ca/Eng/financialLiteracy/initiativesProjects/FLM/Pages/home-accueil.aspx

Money Mentors is the only Alberta-based, not-for-profit credit counselling agency. Through a number of services, we help families and individuals recover from financial crisis and move forward. From credit counselling and money coaching to retirement planning and community financial literacy, we are contributing to a healthier financial future for the entire province.                              

Image with caption: "Discussions about finances can be seen as taboo, but the Financial Consumer Agency of Canada (FCAC) and Money Mentors want that to change during Financial Literacy Month. (CNW Group/Money Mentors)". Image available at: http://photos.newswire.ca/images/download/20131021_C5462_PHOTO_EN_32263.jpg

SOURCE: Money Mentors

For further information:

For more information or interviews, please contact:

William Akoto
(403) 234-6189
Toll-free: 1-888-294-0076
wakoto@MoneyMentors.ca

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