Financial Literacy Makes Cents!

Knowledge is power when it comes to getting the most out of your money. We are sharing with you a number of resources from the Financial Consumer Agency of Canada (FCAC), which have been designed to provide consumers with objective information on financial products and services.

Have you ever thought about a payday loan to help with unexpected expenses? STOP! Before you get a payday loan, learn what is involved and the true costs of this type of short-term financing.

  • The Cost of Payday Loans is a great little publication from the FCAC on all the costs associated with using payday loans as a means short-term borrowing.

Too much month left at the end of the money? Here are some great resources to help you with budgeting.

  • Stretch Your Dollars from Money Mentors in Alberta is an easy-on-the-head booklet that will guide you through the process of creating a household budget. Money Mentors has a great website: www.moneymentors.ca

Buying your first Home? Learn all the facts. Help keep your transition to home ownership surprise-free!

  • Homebuying Step by Step is a consumer guide and workbook from the Canandian Mortgage & Housing Corporation (CMHC).

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