November was Financial Literacy Month.
The annual awareness campaign has come and gone, but one New Westminster organization is looking to the new year to help local residents develop a better understanding of how to budget, invest and set money goals for 2024.
The Lower Mainland Purpose Society is hosting a series of free in-person workshops every Monday in January.
Participants are set to learn a variety of topics from a licensed Chartered Professional Accountant (CPA) that aim to provide clarity on managing finances.
This includes obtaining a knowledge of payday loans, taxable incomes and, for parents and guardians, the characteristics of being a money-smart role model for kids.
The Purpose Society's workshop schedule is as follows:
- Jan. 4 — Managing your money
- Budgeting, financial services, investing and financial goals
- Jan. 11 — Journey out of debt
- How credit works, benefits and risks, payday loans and dealing with debt
- Jan. 18 — Are you a good financial role model?
- Jan. 25 — Effective tax strategies
- Understanding tax law, record keeping, reducing taxable income and increasing deductions
All one-hour workshops will start at 5:30 p.m. and will take place at the Purpose Society's building (40 Begbie St.).
Refreshments will be provided for interested residents, the organization said.
For more information or to register, you're encouraged to send an email to [email protected].
