November is financial literacy month

November is financial literacy month.

The Financial Consumer Agency of Canada (FCAC) defines financial literacy as “the knowledge, skills and confidence to make responsible financial decisions”.

FCAC’s website provides resources, information, produces and services to assist Canadian’s in improving their financial literacy.  These resources include a money suggestion of the day and events held throughout the country.

Example of “money suggestion of the day”:

November 1, 2012
It pays to know that you can cash a Government of Canada cheque for free at any bank, even if you are not a customer, as long as the cheque is for $1,500 or less and you show acceptable identification.