Free resources to help adult learners get out of debt this Financial Literacy Month

November marks Financial Literacy Month (FLM). This year’s concept is ”Check up on your financial health,” with a focus on helping Canadians manage their debt.

Financial Literacy Month aims to equip Canadians with the knowledge, skills and confidence needed to make informed decisions about managing debt in these challenging and changing times.

National literacy organization, ABC Life Literacy Canada, is helping adult learners improve their financial skills to better manage today’s difficult economic climate. Through its Money Matters program, adults can access free resources on money management, including workbooks, activities, videos and online courses.

For Financial Literacy Month 2023, ABC Life Literacy will be adding several new resources to the program, including:

  • Financial literacy tips videos recorded by TD Bank employees
  • American Sign Language (ASL) workbooks each with ASL videos of the workbook content to support deaf communities
  • Revised Ways to Pay workbook to reflect the digital nature of today’s banking environment

“Managing debt remains a timely and important area of focus given rising debt levels and the ongoing impact of inflation and higher interest rates on Canadian households,” says Alison Howard, Executive Director of ABC Life Literacy Canada. “We encourage all Canadians to leverage our free Money Matters resources to build their financial literacy skills. With strong financial literacy, Canadians will build confidence around money management and will ultimately be able to make more informed decisions about their money and their debt.”

Money Matters was developed with support of founding sponsor TD Bank Group through the TD Ready Commitment, the Bank’s corporate citizenship platform.

 Money Matters is also available to organizations that are interested in providing financial literacy training or workbooks to their learners or clients. Workbooks are used in communities across Canada and are full of activities that can be adapted according to the needs of individual groups, such as Indigenous populations and people with diverse abilities. Workshops can be facilitated by the group delivering the program, or with the optional support of local TD Bank Group volunteer-tutors. Since 2011, the program has reached over 95,000 adults.

For more information about Money Matters, to book a workshop, or to access free financial literacy resources, visit abcmoneymatters.ca.