RBC - Financial Literacy & Budgeting (Online)
Wed, Aug 14
|Zoom
Online workshop via zoom. Link will be sent after registration.


Time & Location
Aug 14, 2024, 10:00 a.m. – 11:00 a.m.
Zoom
Guests
About the event
Join us for an enlightening workshop presented by RBC, aimed at equipping newcomers and the general public with essential financial literacy skills. This session will provide valuable insights into managing your finances effectively, helping you make informed decisions and achieve your financial goals in Canada.
Agenda Highlights:
- Basics of Banking in Canada: Gain a comprehensive understanding of the Canadian banking system, including how to open and manage bank accounts.
- Budgeting Fundamentals: Learn how to use a budget as a powerful tool to track and manage your money, ensuring you stay on top of your finances.
- Needs vs. Wants: Develop the ability to distinguish between essential needs and discretionary wants, aiding in smarter financial decision-making.
- Understanding Credit: Discover what credit is, how it works, and its impact on your financial health.
- When to Borrow: Understand the scenarios where borrowing may be necessary and the best practices for responsible borrowing.
- Investing vs. Saving: Explore the differences between investing and saving, and learn how to choose the right strategy for your financial goals.
- Setting Financial Goals in a New Country: Gain insights on how to assess your financial situation and set realistic, achievable financial goals as you settle into life in Canada.
Why Attend?
Understanding financial management is crucial for achieving stability and success in a new country. This workshop will provide you with the knowledge and tools to navigate the Canadian financial landscape confidently, helping you stay within your budget and reach your financial aspirations.
Who Should Attend?
This workshop is ideal for newcomers to Canada, as well as anyone looking to improve their financial literacy and budgeting skills. Whether you're starting fresh or seeking to enhance your existing knowledge, this session will offer practical advice and actionable strategies for better financial management.