Strengthening monetary literacy through financial advice and education that is financial

Strengthening monetary literacy through financial advice and education that is financial

In Canada, there are site hyperlink wide variety avenues Canadians can pursue to look for advice on subjects like your retirement planning, tax, insurance coverage, financial obligation management and basic knowledge that is financial. Canadians usually have their advice that is financial from sources. About half seek economic advice from a specialist advisor that is financial planner (49%), followed closely by banks (41%) and buddies or members of the family (39%). Canadians also conduct Internet research (33%), read newspapers and publications (15%), to get advice from television or radio programs (10%). Footnote 2

Overall, Canadians between the many years of 18 and 34 years are more inclined to ask buddies or household members (59%) or utilze the internet (51%). On the other hand, Canadians aged 65 and older are more inclined to talk to an advisor that is financial planner (51%) or perhaps a bank (41%). Those who work in this older age bracket are a lot less inclined to seek out monetary suggestions about the world wide web (13%).

A large percentage of Canadians (41%) state they desired suggestions about a certain subject area or economic item at some time in the past 12 months—most commonly about general financial preparation (24%). It was followed closely by retirement preparation (19%), insurance coverage (12%) and taxation preparation (11%). (mais…)

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