In Canada, November is Financial Literacy month. During this month, Canadians are encouraged to review their financial well-being. In the coming years and decades, it is estimated that approximately $400 billion will be passed down to inheritors in Canada. RBC Wealth Management recognizes the importance of preparing Canadians for this wealth transfer.  Financial literacy is a proactive step we can offer to support you and your family, providing you with the resources and confidence to gain financial independence.

Hayes Vickers Private Wealth has been blogging on this topic this past year.  We have also run a series of financial literacy webinars for our clients, their children and/or grandchildren to increase their financial acumen. 

Previous blogs touched on various financial literacy topics:

• Financial Literacy helps build sound financial management skills in youth
• The largest transfer of wealth is going to happen over the next few decades – Are you prepared?
• Volatility is Back: Why Asset Allocation Matters
• Fraud Awareness-Are you Cyber Aware?

We hope to continue this dialogue with you at our regular reviews so we can support your family to be financial literate.