The senior engagement and outreach officer with the agency Julie Hauser explains money management can be overwhelming for many Canadians stating finances continue to be the biggest source of stress for people. She says financial literacy really comes into play every time we make a financial decision or a transaction and just to define financial literacy a little bit includes the skills and capacity to perform financial decisions as well as actions or behaviours that lead to positive financial outcomes. She thinks it is something that is really important for a lot of people even if they may not talk about it as being financial literacy.
The focus points of the campaign include managing expenses, managing debt, managing savings, and navigating the financial marketplace. Financial tips and tools can be found at www.canada.ca/financialliteracymonth.