How does good record keeping save you money as a business owner? https://t.co/yjeFX6GBYO
Financial Literacy in Canada, Part 1in KD Educational Corp.
In the federal government’s 2014 Canadian Financial Capability Survey, the average Canadian earned a C grade. This survey asked 14 questions on inflation, debt repayment, banking fees, credit reports and other finance-related topics. Among all participants, only 2.7% answered all 14 questions correctly and nearly a third got at least half the answers wrong.
We consistently fail to incorporate financial education in schools. Even at home, most parents shy away from money talk with their children. Because of this lack of financial education, many of us, especially the younger generations, have no understanding of money management, personal finance or just how the economy works leaving us with heaps of financial troubles.
Source: https://www.theglobeandmail.com/life/globewe/dollars-and-smart-sense-why-every-canadian-child-needs-to-be-financially-literate/article37854898/, https://www.huffingtonpost.ca/justin-thouin/financial-literacy_b_16409874.html