Own your financial future: Managing debt and making credit work for you
Understand credit and learn how to take control of your finances.
Time frame: 60 mins
Audience: post-secondary students in their second year of studies
Learning objectives for participants:
- understand what credit is and how it works
- learn how debt can pile up and have negative consequences on future financial plans
- understand the difference between good debt and bad debt, and the value of having a good credit rating
- learn practical ways to take control of finances
Outline:
- how credit works
- how debt accumulates
- opportunity cost
- good debt vs bad debt
- what you need to know about credit ratings
- how to take control of your finances before they take control of you
- resources
- Q&A
Learning materials:
- Understanding Your Credit Score — explains credit history, credit reporting and credit score
- Defining Your Financial Goals — helps define and set financial goals for the next several years
- Take a Situational Selfie — helps understand current financial situation by looking at budget activity
- Balancing Your Budget — helps find unnecessary expenses and how much can be saved by cutting them out
Questions?
For questions, please email us.
Proudly sponsored by Canada Life, our National Development Sponsor.
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.