With the growing complexity of financial products and services, there is an increased interest in understanding the psychological components that affect financial decisions. Perceived financial capability is but one component of the broader concept of financial capability that also includes objective knowledge and the opportunity to act. We construct with factor analysis a single measure of perceived financial capability from five items in the 2009 Canadian Survey of Financial Capability (CFCS) (N = 15,519). After adjusting the measure for the influence of income, we find through bivariate analysis and multiple regression that younger individuals, females, and those with low education levels have relatively lower levels of perceived financial capability.