How to Teach Financial Literacy to Low-Income & Vulnerable ... … · Barriers Removed POSSIBLE...

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How to Teach Financial Literacy to Low-Income & Vulnerable People

Financial Empowerment

BARRIERS GAMEPOSSIBLE PROGRAM BARRIERS POSSIBLE PERSONAL BARRIERS

LOCATION Mental Health Far from city center Lack of transportation

Not on a bus route Work Commitments offered only once a week in

the eveningsNo childcare/ sick child

Fixed mindset/ beliefs

No handicap washroom ramp Illnesses self or family member

COMMITMENT No regular income6- 2 hour weekly workshops Lack of education/ language

skills to understand concepts1:1 weekly tutoring sessions Lack of time to attend all the

meetingsHomework assigned with every workshop

Lack of support from friends & family

How to Reach Low-Income and Vulnerable People

So you can teach Financial Literacy

Financial Empowerment

How to Teach Financial Literacy to Low-Income & Vulnerable People

How do you eat an

elephant?One bite at a

time!

TITLE FOR WHO?

Savings Strategies Those who want to learn how to save more and spend less

Ten Healthy Habits of Financial Management

Those who want to become better money managers

How to Teach Your Kids About Money ParentsAre you a Good Financial Role Model? ParentsEffective Tax Strategies Those who want to have a better understanding of our

tax system

Fraud Protection Those who want to better understand fraud and how to protect themselves

Planning for Your Retirement Those who want to understand how to effectively plan for the retirement they desire

Estate Planning Those who need to create a plan to distribute assetsSurvive and Thrive Anyone who has lost their job, is currently under-

employed following the loss of a job, or anyone who fears job loss because of a change/turmoil at their current place of work or within their field of work.

Tips & Secrets Smart Canadians Know Immigrants who have been in Canada for less than two years.

Building wealth in Canada Immigrants who have been in Canada for more than two years

Own your Financial Future: Managing Debt and Making Credit Work for you

Young adults, Post-secondary students

FINANCIAL LITERACY WORKSHOPS

Barriers RemovedPOSSIBLE PROGRAM BARRIERS POSSIBLE PERSONAL BARRIERS

LOCATION Mental Health Far from city center Lack of transportation

Not on a bus route Work Commitments offered only once a week in

the eveningsNo childcare/ sick child

Fixed mindset/ beliefs

No handicap washroom ramp Illnesses self or family member

COMMITMENT No regular income6- 2 hour weekly workshops Lack of education/ language

skills to understand concepts1:1 weekly tutoring sessions Lack of time to attend all the

meetingsHomework assigned with every workshop

Lack of support from friends & family