-
World Financial Group Insurance Agency of Canada Releases New Financial IQ Study about Consumer Financial Resilience
Less Than Half of Canadians Understand their Finances, While Concerned About Day-to-Day Cost of Living TORONTO, April 19, 2023 /CNW/ — World Financial Group Insurance Agency of Canada Inc. (WFGIAC) released the results of a new, independent Financial IQ™ study that assesses the financial resilience of the general Canadian population and WFG Canadian insurance agents. The findings show that during a time of economic uncertainty and ongoing challenges with rising food and energy costs, a large percentage (70{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5}) of Canadians see the day-to-day cost of living being a top financial priority and less than half (41{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5}) of households believe they are able to understand their personal finances. Additionally, 37{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5} of those who participated in…
-
Financial Well-Being Requires More Than One Dose: New Study
What You Require to Know A one-credit score economic life capabilities system does not have significantly affect on economic perfectly-currently being or money tension. Having said that, there are however excellent good reasons for faculties and universities to provide economical instruction classes. Among the the measurable gains derived from these classes are better economic socialization and money self-efficacy. Participation in an elective money training skills program has minor measurable influence on university students’ monetary perfectly-remaining, in accordance to a new assessment established to be released in the Qualified Economical Planner Board of Standards’ Money Planning Evaluate. The paper, “Undergraduate money know-how, attitudes, and behaviors: The effects of money everyday living…
