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Published byCaitlyn Isett Modified over 10 years ago
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Show Me the Money The most pressing issue for Canadian families is: Economic Security
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Canadian Household Incomes With Canada’s expanding economy since 2003, household incomes are on the rise. Reasons are; Increase in hourly earnings More earners per household Lower income tax payments
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In spite of the economic gains, many Canadians live on the financial edge
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Did you know? A 2007 report states that 3.4 million Canadians live in poverty compared to approximately 3.2 million in 1990
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What’s causing financial stress among Canadian families? DEBT
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Credit Cards “Credit buying is much like being drunk. The buzz happens immediately, and it gives you a lift. The hangover comes the day after.” Dr. Joyce Brothers, Author
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How do you decide how to spend your money? Think about the last item of clothing that you bought. What factors affected your decision?
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Emotions Friends and peers Customs, Traditions, and Habits Family members Latest Styles and Fads Advertising Incentives Your values and confidence
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Question Can you think of something you bought that you never used – or didn’t use much at all? If so, think about why you bought it. What can you learn from that decision?
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Teens and Money Money Games
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Not Enough - Read these blogs
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