It pays to plan for a child’s education
This fact sheet from ESDC explains how to open an RESP and access the Canada Learning Bond.
This fact sheet from ESDC explains how to open an RESP and access the Canada Learning Bond.
Knowing your credit history is an important part of managing your debt. It is important that you get your free credit report once a 'Your credit report and credit score' is the sixth worksheet in the 'Dealing with debt' toolkit. Find the full resource here.
year to check for any errors. The information on this page will help you:
Once you’re ready to start tackling your debt and have a clear sense of how much you owe, your next step is to make an action plan. Use this worksheet to think about your debt repayment goals, the steps you can take now, and the help you will need along the way. 'Making a debt action plan' is the third worksheet in the 'Dealing with debt' toolkit. Find the full resource here.
Many of us struggle to talk about money, especially when it comes to talking about debt. It is when debt becomes too much for us to manage, or when we do not have a plan to pay it off, that it can become stressful and even overwhelming. This is when it is time to have those tough conversations and make a plan to deal with debt. This booklet provides a set of activities to help you manage your debt, identify your money priorities, calculate what you owe and strategize how you can pay it back. These worksheets can be completed on your own, in the sequence that works best for you. However, we recommend working with a trusted financial coach or credit counsellor if possible. Printed copies of this booklet are available to order at $250 per box of 50 booklets. Order "Dealing with debt" Booklets - English We are grateful to the Government of Ontario for generously funding this resource, and to Credit Counselling Sudbury for their content consultation. Updated on December 19, 2022: Added Managing debt (Ontario Securities Commission) Updated August 30, 2022: Added Dealing with debt: Training tools (Training deck, facilitator guide, and sample Equifax credit report) Updated August 2, 2022: Dealing with debt - Resources Updated May 14, 2020: Worksheet resources in this toolkit are available as fillable PDFs. Please open with Adobe Acrobat Reader for full functionality.
This toolkit contains tools and worksheets you can use with your financial coaching clients. Each document should be used as a part of the coach-client relationship. This include financial coaching tools such as the financial wheel of life and tips for the first meeting, as well as tools and worksheets for goal-setting, budgeting, addressing debt, banking, and tax filing. Prosper Canada curriculum and tools are for intended for community practitioners supporting clients living on low income. These tools are for non-profit use only, and are not to be delivered or distributed for a fee. Worksheet resources in this toolkit are available as fillable PDFs. Please open with Adobe Acrobat Reader for full functionality. Latest update July 24, 2020: New resources added to French language section - Urgent c. important, Guide pour parler aux créanciers
April 1, 2021: Resources to support virtual delivery of financial service programs
July 16, 2020: New resources added to "Program support tools" section - Virtual tools for participant engagement
June 18, 2020: New resource added to 'Debt tools' section - Guide for talking to creditors
This one-page fact sheet tells you everything you need to know to make your child's future possibilities grow! The Canada Learning Bond (CLB) is a grant of $500 up to $2000 from the Government of Canada to eligible families to help with the cost of a child’s education after high school. It is deposited directly into a child’s Registered Education Savings Plan (RESP). Children born January 1, 2004 or later, whose family’s annual income is less than $46,000 can receive the CLB.
This activity sheet is from Module 4 of the Prosper Canada Financial Literacy Facilitator resources. Take a few minutes to how this workshop relates to your life, and set one or two goals for your use of banks and other financial services. To view the full Financial Literacy Facilitator resources, click here.
A financial well-being questionnaire developed by the Consumer Financial Protection Bureau.
This is the resources handout for Module 9: Consumerism, from the Prosper Canada Financial Literacy Facilitator Resources. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 9 of the Financial Literacy Facilitator Resources. Glossary of terms relating to consumerism. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 9 of the Financial Literacy Facilitator Resources. Examples of how to deal with consumer problems. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 9 of the Financial Literacy Facilitator Resources. Common consumer frauds and scams to look out for. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 9 of the Financial Literacy Facilitator Resources. Information about cell phone plans and what is involved when you purchase one. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 9 of the Financial Literacy Facilitator Resources. Smart shopping tips. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 9 of the Financial Literacy Facilitator Resources. Explanation of different advertising and sales techniques. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 9 of the Financial Literacy Facilitator Resources. Setting goals related to consumerism. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 9 of the Financial Literacy Facilitator Resources. Use this quiz to rate your financial knowledge. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 9 of the Financial Literacy Facilitator Resources. A template for writing a consumer complaint letter. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 9 of the Financial Literacy Facilitator Resources. A checklist of questions to answer when you are getting a cell phone. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 9 of the Financial Literacy Facilitator Resources. Figure out which item is the better deal by calculating the unit cost. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 9 of the Financial Literacy Facilitator Resources. What kind of consumer are you? Take the quiz. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 8 of the Financial Literacy Facilitator Resources. Glossary of terms about debt. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 8 of the Financial Literacy Facilitator Resources. Web resources about debt in Canada. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 8 of the Financial Literacy Facilitator Resources. Debt collection rights and what a collection agency has the right to do and not to do. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 8 of the Financial Literacy Facilitator Resources. Tips for dealing with creditors over the phone or by mail, or for creating a debt repayment plan. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 8 of the Financial Literacy Facilitator Resources. Steps for debt repayment. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 8 of the Financial Literacy Facilitator Resources. Goal setting for debt. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 8 of the Financial Literacy Facilitator Resources. Role play activity about debt collection. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 8 of the Financial Literacy Facilitator Resources. Print these pages and cut into individual ‘rungs’ for use in the activity. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 8 of the Financial Literacy Facilitator Resources. Group activity to talk about debt do's and don'ts. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 8 of the Financial Literacy Facilitator Resources. How much debt is too much debt? Consider the 20/10 rule. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 7 of the Financial Literacy Facilitator Resources. Glossary of terms for credit reporting. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 7 of the Financial Literacy Facilitator Resources. Web resources for credit reporting in Canada. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 7 of the Financial Literacy Facilitator Resources. Ways to improve your credit score. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 7 of the Financial Literacy Facilitator Resources. How to correct common errors on credit reports. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 7 of the Financial Literacy Facilitator Resources. A credit score is a score between 300 and 900 that credit bureaus use to rate the information in your credit report. Credit bureaus use a mathematical formula based on many factors to arrive at your credit score. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 7 of the Financial Literacy Facilitator Resources. The information in an Equifax credit report varies slightly from a TransUnion credit report, but both contain the same basic sections. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 7 of the Financial Literacy Facilitator Resources. A sample of a credit report received from Equifax. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 7 of the Financial Literacy Facilitator Resources. Credit bureaus summarize your credit use in a report. The credit report is one of the main things lenders look at when they decide whether or not to give you credit. A credit report contains your history of credit use, and your credit ratings. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 7 of the Financial Literacy Facilitator Resources. Credit bureaus are agencies that collect information about how we use credit. They produce personal credit reports. Credit bureaus are private companies. They are regulated by the province, but they are not part of the government. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 7 of the Financial Literacy Facilitator Resources. Practice setting goals related to credit reports. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 7 of the Financial Literacy Facilitator Resources. Credit score scenarios to practice learning. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 7 of the Financial Literacy Facilitator Resources. A sample of the TransUnion request sheet to obtain a free credit report. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 7 of the Financial Literacy Facilitator Resources. A sample of the Equifax request sheet to obtain a free credit report. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 6 of the Financial Literacy Facilitator Resources. Glossary of terms related to credit. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 6 of the Financial Literacy Facilitator Resources. Web resources for credit and credit cards. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 6 of the Financial Literacy Facilitator Resources. Tips for managing credit. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 6 of the Financial Literacy facilitator curriculum. The cost of credit for different payment methods.
This handout is from Module 6 of the Financial Literacy Facilitator Resources. The features of credit cards and what they mean. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 6 of the Financial Literacy Facilitator Resources. The different types of credit and their lending conditions. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 6 of the Financial Literacy Facilitator Resources. Practice setting goals related to credit. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 5 of the Financial Literacy Facilitator Resources. Website resource list for saving. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 5 of the Financial Literacy facilitator curriculum. Basic description of savings accounts and financial products available in Canada. To view full Financial Literacy facilitator curriculum, click here.
This handout is from Module 5 of the Financial Literacy Facilitator Resources. Glossary of savings terms. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 5 of the Financial Literacy Facilitator Resources. Explains details about different kinds of savings accounts and financial products typically available in Canada. To view fill Financial Literacy Facilitator Resources, click here.
This handout is from Module 5 of the Financial Literacy Facilitator Resources. Explains compound interest. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 5 of the Financial Literacy Facilitator Resources. Review the activities you did early in this session to help you get ideas about savings goals. Also, think about other goals you can set, like doing more research or making an appointment with a financial advisor. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 5 of the Financial Literacy Facilitator Resources. Savings tools quiz. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 5 of the Financial Literacy Facilitator Resources. Saving scenario with Christine and Aparna. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 5 of the Financial Literacy Facilitator Resources. Use this chart to list some of the things that you buy a lot. Note how often you buy them in a month. Put down how much they usually cost (“average price”). Then figure out how much you spend on them in a month. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 5 of the Financial Literacy Facilitator Resources. List some of the things you have spent money on in the last two weeks. Which items are needs and which are wants? To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 5 of the Financial Literacy Facilitator Resources. Steps to setting a savings goal. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 4 of the Financial Literacy Facilitator Resources. Glossary for banking and financial services. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 4 of the Financial Literacy Facilitator Resources. Resource list of websites about banking and financial services. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 4 of the Financial Literacy Facilitator Resources. Alternative financial services are outside of the traditional, regulated banking system. They do not take deposits like a bank or credit union. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 4 of the Financial Literacy Facilitator Resources. What are your rights when opening a bank account in Canada? To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 4 of the Financial Literacy Facilitator Resources. How to open a bank account in Canada. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 4 of the Financial Literacy Facilitator Resources. The different kinds of bank accounts and services available. in Canada. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 4 of the Financial Literacy Facilitator Resources. Choosing a bank and choosing an account based on your banking needs. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 4 of the Financial Literacy Facilitator Resources. Deposit insurance amounts from credit unions in different provinces. To view full Financial Literacy Facilitator Resource, click here.
This handout is from Module 4 of the Financial Literacy Facilitator Resources. Banks and credit unions are places where you can safely deposit your money, cash your cheques, pay your bills, ask for a loan or credit card and use a variety of saving and investment tools. This chart explains the differences between banks and credit unions. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 4 of the Financial Literacy Facilitator Resources. Why use alternative financial services? Why use banking services? List the reasons for using the services that your group was assigned. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 4 of the Financial Literacy Facilitator Resources. Banks and banking services quiz: In pairs, match the items in column A to column B. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 3 of the Financial Literacy Facilitator Resources. Glossary of budgeting terms. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 3 of the Financial Literacy Facilitator Resources. Resource websites for money management. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 3 of the Financial Literacy Facilitator Resources. Here are some important papers and records. You should keep them in a safe place and organize them so that you can find what you need. The chart shows their “shelf life” – how long you should keep them. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 3 of the Financial Literacy Facilitator Resources. Different types of budgeting tips to help you stay on track. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 3 of the Financial Literacy Facilitator Resources. Different types of budgeting strategies you can use. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 3 of the Financial Literacy Facilitator Resources. Take a few minutes to reflect on how this workshop relates to your life. Set one or two SMART goals for your personal budgeting and financial record-keeping. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 3 of the Financial Literacy facilitator curriculum. Steps involved in making your own budget. To view full Financial Literacy Facilitator Resources, click here
This activity sheet is from Module 3 of the Financial Literacy Facilitator Resources. A blank monthly budget worksheet to fill in income and expenses. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 3 of the Financial Literacy facilitator curriculum. Using the Monthly Budget Worksheet, put together a budget for the person in your scenario. Feel free to make up more details. You can also change or add categories to the budget to match your person’s situation. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 3 of the Financial Literacy Facilitator Resources. Tracking your different categories of expenses. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 3 of the Financial Literacy Facilitator Resources. Tracking your income sources. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 3 of the Financial Literacy Facilitator Resources. What do you think about when you hear the word “budget’? To view full Financial Literacy Facilitator Resources, click here.
What words or feelings come to mind?
This activity sheet is from Module 2 of the Financial Literacy Facilitator Resources from Prosper Canada. Glossary for income and taxes module. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 2 of the Financial Literacy Facilitator Resources from Prosper Canada. Resource list for income and taxes module. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 2 of the Financial Literacy Facilitator Resources from Prosper Canada. Goal setting for filing your income taxes. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 2 of the Financial Literacy Facilitator Resources from Prosper Canada. How to file your taxes. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 2 of the Financial Literacy Facilitator Resources from Prosper Canada. How to read a pay stub. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 2 of the Financial Literacy Facilitator Resources from Prosper Canada. Maria and her husband Fernando worked together cleaning a big office building at night. They were hired by a man who ran a large cleaning company. They each got a paycheque twice a month. In February, it was time to do income tax for their previous year’s income. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 2 of the Financial Literacy facilitator curriculum from Prosper Canada. Some sources of income are government benefits that are accessed only by filing your taxes. There are both federal and provincial benefits. This is a list of the federal benefits. To view full Financial Literacy facilitator curriculum, click here.
Even if you make no money, you should file a tax return each year. You may be eligible for a refund (money back). Filing your taxes triggers access to government benefits that you can’t get any other way. This worksheet will help you gather the information you will need at tax time. You will need a file folder, an envelope, or a small box to put all of your paperwork in. This is worksheet #7 from the booklet 'Managing your money'.
When you make a budget, you give yourself a clear picture of your financial situation. A budget compares your income to your expenses, all in one place. This is worksheet #5 from the booklet 'Managing your money'.
Knowing what bills you have and when they are due can help you plan your spending. This activity will help you to be aware of two things: how much you owe each month, and at what time of the month that money is due. This will help you to pay bills on time, and avoid late fees. This is worksheet #4 from the booklet 'Managing your money.'
Keeping track of where your money goes during the month is another helpful step towards making a budget. Then you will be able to compare your spending with your income. This is worksheet #3 from the booklet 'Managing your money.'
Income is the money that comes into your household. This worksheet will help you see the ‘big picture’ of your income and other resources. Then you can think about how to plan your expenses. This is worksheet #2 from the booklet 'Managing your money.'
This activity sheet is from Module 1 of the Financial Literacy Facilitator Resources. Use the awareness you have gained in this session to identify what knowledge and skills you want to improve during the workshop series. To view full Financial Literacy Facilitator Resources, click here.
This handout is from Module 1 of the Financial Literacy Facilitator Resources. Explains the SMART goal steps and how to do it. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 1 of the Financial Literacy Facilitator Resources. Rate your financial knowledge on a scale from 1 to 10. Keep this quiz to use later. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 1 of the Financial Literacy Facilitator Resources. Imagine what you would do with $10 million, $25,000, or $1000? To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 1 of the Financial Literacy Facilitator Resources. Compare the sentences about money. To view full Financial Literacy Facilitator Resources, click here.
This activity sheet is from Module 1 of the Financial Literacy Facilitator Resources. Walk around the room and introduce yourself to people. Your goal is to find a person who can relate to each of these sentences. To view full Financial Literacy Facilitator Resources, click here.
The resources in this toolkit are taken from the Prosper Canada Financial Literacy Facilitator curriculum. The full training curriculum is available for practitioners who complete our Financial Literacy Facilitator training. Prosper Canada curriculum and tools are for non-profit use only, and are not to be delivered or distributed for a fee. These activity sheets and handouts can assist you in your work relating to a number of financial literacy topics. They were developed with adult education principles in mind and offer a range of activities that may be adapted to the needs and interests of the people you support. Updated December 6, 2022: Updated August 2, 2022: Updated August 18, 2021: Updated November 3, 2020:
New handouts for Module 5 Saving and Module 9 Consumerism
Resource handouts updated for Module 3 Budgeting, Module 5 Saving, Module 8 Debt, and Module 9 Consumerism.
Financial literacy videos
Tax Deductions, Credits, and Benefits
The Cost of Credit
Debt Solutions
Top five virtual icebreakers
Tips for managing breakout rooms