Time frame: 60 mins
Learning objectives for participants:
- how to save more to pay down debt
- saving and a reduction in spending often go together to achieve success
- use the power of compounding to make savings grow
- start to invest in the future to realize goals and dreams and prepare for a comfortable retirement
Outline:
- saving definitions
- savings strategies:
- specific savings strategies pay yourself first
- do a budget
- from your investment income
- expenditure management
- keeping the momentum
- tools and aids
- Q&A
Learning materials:
- Financial Consumer Agency of Canada Budget Calculator — helps make a budget
- Goal Setting worksheet — helps set SMART goals which are specific, measurable, attainable, realistic, time-framed
- Values Validator worksheet — helps determine what things are most important to help set values-based goals
Questions?
For questions, please email us.
Want a session in your area?
We will provide a CPA volunteer to lead the session with a prepared presentation, activities, handouts and worksheets. Note: If more than one session is needed, please fill out a second form and submit.
Request guidelines:
For more information, visit setting up a financial literacy session.