ICT Tip: Two Canadian websites that aim to educate adults about everyday financial concerns, available both in English and French

23 Feb

Quick overview: Two Canadian websites that aim to educate adults about everyday financial concerns. Both sites contain loads of reputable information that can be used within a learning situation or courses dealing with finances. Available in both English and French.

How the Money Belt website can be used in the classroom: The Money Belt website aims to teach financial life skills in easy “down-to-earth” language. The website is primarily intended for young Canadian adults but is also useful for adult learners of all ages. On this site your students can test what they know (and don’t know) about managing their money. Some topics include how to avoid high levels of debt, avoiding fraud, choices that exist when choosing credit cards, loans, bank accounts, and general financial knowledge. The Money Belt website is maintained by the Financial Consumer Agency of Canada (FCAC) a federal government agency that aims to protect and educate Canadian consumers of financial services.

How the CBA website can be used in the classroom: The CBA (Canadian Bankers Association of Canada) is a Canadian website that contains a large amount of information regarding Canadian banking and financial services. In particular, the consumer information section contains information on banking basics, financial rights and responsibilities, saving, investing, and identity theft. There is also a very useful glossary (the link can be found on the top right hand corner of the CBA webpage) containing definitions in relation to finances. (Source of websites: Nancy Sher at the CDC Vimont Adult Centre, SWLSB)

Note: Sections of the Money Belt description have been quoted from the about section of the Money Belt website.