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Show Me the Money The most pressing issue for Canadian families is: Economic Security.

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Presentation on theme: "Show Me the Money The most pressing issue for Canadian families is: Economic Security."— Presentation transcript:

1 Show Me the Money The most pressing issue for Canadian families is: Economic Security

2 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

3 In spite of the economic gains, many Canadians live on the financial edge

4 Did you know? A 2007 report states that 3.4 million Canadians live in poverty compared to approximately 3.2 million in 1990

5 What’s causing financial stress among Canadian families? DEBT

6 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

7 How do you decide how to spend your money? Think about the last item of clothing that you bought. What factors affected your decision?

8 Emotions Friends and peers Customs, Traditions, and Habits Family members Latest Styles and Fads Advertising Incentives Your values and confidence

9 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?

10 Teens and Money Money Games

11 Not Enough - Read these blogs


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