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 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
"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
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
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