webCampus is offering a new course called “Money Skills” for the first time from May 1 to May 28.
Canadians are facing more financial responsibilities, and financial decisions are becoming more complicated. Many Canadian households are under financial stress leading to anxiety over what the future holds in store – and many feel ill-prepared to manage their financial affairs with confidence.
Money continues to be one of the top three things couples argue about. Canadian and international polls, surveys and studies have consistently shown that many consumers have significant challenges with financial literacy, from reading financial statements to managing credit cards to planning for retirement.
Canadians are increasingly challenged when it comes to their financial well-being. Canada has one of the highest debt to income ratios of OECD (Organization for Economic Co-ordination and Development) countries as the average household owes $1.50 of debt for every dollar of income. As debt rates increase, Canadians' personal savings rate has dropped dramatically from over 20 per cent to roughly four per cent in the last 30 years.
In order to make good choices with our money, we need good information about managing our finances.
The new Money Skills course offers participants the opportunity to acquire the skills, tools and knowledge to:
Gain more control over your money
Make good money management choices
Learn to think about money in a totally different way
Have a healthy balanced attitude towards money
Learn to see money as a tool and not a trap
The registration period for the new Money Skills course in now open. To find out how to register for the new Money Skills course and many others, visit www.webcampus.ufcw.ca.