It’s not polite to talk about money. That’s a view held by one-third of Canadians, according to a survey conducted for TD Canada Trust. They did it because this is financial literacy month in our country, a time to help expand knowledge and awareness of money matters.
The TD Bank survey discovered that those who don’t want to talk about money say it is not the courteous thing to do. Some feel it is bragging. Others think they’ll be judged.
But the importance of financial literacy and awareness is growing and has been heightened by the COVID pandemic with half of those surveyed saying their financial position has been eroded by the outbreak.
The fight to strengthen financial acumen is being waged on many fronts including a new program being offered to students through a partnership of the provincial chamber, the Saskatoon Business Teachers Association and the Saskatoon Industry Education Council. The program provides a range of resources to help young people learn the fundamentals of good money management.