Time frame: 60 min Audience: new Canadian immigrants who have been in Canada more than two years Learning objectives for participants: learn to create a realistic budget understand cash flow and how to control it learn how to effectively manage money learn how to define a financial plan understand the difference between “good debt” and “bad debt” understand the difference between “wants” and “needs” understand the key features of RRSPs, RESPs and TFSAs, and how they can help put a financial plan into action know where to go for support Outline: overview creating a budget you can stick to understanding cash flow the secret to being a good money manager defining your own financial plan sorting out your wants and needs three savings vehicles worth considering putting your financial plan in action some helpful resources Learning Materials: Sample Budget Worksheet SMART Goals Worksheet — helps set SMART goals which are specific, measurable, actionable, realistic, time-framed Glossary of Terms — defines various financial terms and items 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: 12 weeks’ notice needed to setup a session. Requests must be submitted by the request deadline. If more than five sessions are needed, please contact us directly. For more information, visit setting up a financial literacy session.