Understanding basic financial principles and practices is an essential ingredient to every household’s financial stability. Financial stability in Canadian households leads to financial stability for the nation as a whole. It was in recognition of this fact that the Minister of Finance created the Task Force on Financial Literacy in 2009.
The purpose of the task force was to determine ways to strengthen and enhance financial literacy, or understanding, among Canadians. One of the means the task force utilized for gaining input regarding solutions for improving financial literacy was to request input from Canadian individuals and organizations involved in the area of finance. Because of Creditaid’s commitment to educating and training Canadian individuals and households on proper financial management, we were happy to contribute our input to the task force. Click here to visit their website and learn more.
Helping families understand how the credit system works and how to manage their finances wisely is one of Creditaid’s highest priorities. When we meet with people, they often are not fully aware of how they ended up in the financial crisis they are in. If we can provide people with the understanding and the tools to manage their finances properly, before they get in debt, we are happy to that.
Creditaid is here to provide answers to those with questions about credit and help for those with credit problems to resolve them. We are committed to helping Canadians and we’re here to help you.