Here are six free sites and tools you can use yourself, or share with your kids or students to help you take care of your financial health.
1) FCAC is encouraging Canadians to take the MoneyFitChallenge at moneyfitchallenge.com. Test your financial knowledge to earn points towards Tim Hortons and Cineplex gift cards. You can register as an individual, as an organization or as an educator.
2) VISA Canada and Marvel have teamed up to produce comic books for kids on financial literacy. You can order Guardians of the Galaxy and Avengers Mad Money Skills at practicalmoneyskills.ca.
3) Score a hit with your teen by introducing them to Financialsoccer.ca to teach them basic money concepts.
4) myclassroomeconomy.org is a classroom economy that teachers can use to teach kids about money. Students earn school “dollars” for decisions like whether they will rent or buy their desks and more.
5) Newcomers to Canada can learn about how our banking system works with a free online course from abcmoneymatters.ca
6) My personal favourite: proliteracy.ca is a great site for planning for post-secondary education costs. You can enter the number of years your child will be in school, which university or college they plan to attend, which program and whether they will live at home or not. It will tell you what the total cost will be for tuition, rent, and expenses like food, books, etc. I ran the numbers and the total cost for Grace if she goes to four years of university was $86,000 or $61,000 if she lived at home. The site also has a great blog and information on what grants and scholarships are available. You can even share your profile with family members and ask them to make donations towards your child’s education!
This week’s #HappyAct is to take care of your financial wellbeing this month. Choose one tool or challenge yourself to take one action to take better care of your finances. Happy Financial Literacy Month!