Banking 101 (Fort McMurray Pride)

Embark on your financial journey with confidence! Join us for an engaging session where we’ll demystify the world of banking and credit, equipping you with the knowledge to make informed financial decisions.

We’ll cover essential topics including:

• Understanding Bank Accounts: Explore the benefits, various types of bank accounts (like chequing, savings, and student accounts), associated fees, services, and limits.
• Navigating Loans and Interest: Learn about different types of loans such as personal loans, vehicle loans, mortgages, student loans, and lines of credit. We’ll also discuss interest rates, distinguishing between fixed and variable rates.
• Building and Protecting Your Credit Score: Discover what a credit score is and how it’s built. Crucially, we’ll share tips on how to protect your credit score, including making timely payments, staying within credit limits, and monitoring your accounts.
• Budgeting for Success: Get practical tips on how to budget your payments and manage your income effectively.
• Avoiding Pitfalls: Understand what payday loans are and the implications of loan delinquencies and defaults.

We want to address what matters most to you. Submit your questions about banking and credit beforehand using our Google Form and we would be happy to answer them via our presentation.

Let’s empower your financial future, together!