Program's description: 

Financial literacy is crucial for individuals to make informed decisions and build a stable financial future. Here are six workshop topics that Grassroots Response could consider for the financial literacy program for newly arrived-Ukrainians:

1. Increase your cash flow and debt management
  * Basics of credit score calculation
  *  What can harm your credit score
  * Pointers on credit cards
  * Tips to pay off debt faster
2. Building a strong financial foundation and proper protection
 * different kinds of protection plans &  pros and cons
* How do I choose the best protection plan for me?
* What are the different kinds of cash back or cash value protection plans
3. Basics of Building Wealth 
 * Wealth Formula
* Building wealth tax efficiently with potential growth
* Comprehending the effects of time, tax, and inflation on wealth
* Understanding the diversification of investments
4. Types of investment Plans (RRSP, TFSA & FHSA)
 * FHSA -new government plan for the first home buyers -details & benefits
* RRSP? TFSA? Which is better?
* ways to reduce income tax
* Factors affecting wealth building
5. Retirement Planning 
 * how much government pension can I expect at retirement?
* How to calculate the financial independence number?
* What are ways to reduce the impact of taxes on retirement planning.?
* What are the ways to reduce the impact of taxes on retirement income?
6. Estate Planning
* what is an estate?
* Is estate planning only for the wealthy?
* What are the estate planning steps?
* Who needs a will?
* What will happen if someone passes away without a will?