Social media guide for Financial Literacy Month 2020

Engaging with Canadians on social media is especially important this year, as Financial Literacy Month (FLM) is taking a virtual approach due to the COVID-19 pandemic.

The Financial Consumer Agency of Canada (FCAC) prepared the following content to make it easy for you to promote financial literacy and the 10th anniversary of FLM on your social media channels. The content is grouped according to this year’s FLM focus on “10 Things you should know during times of financial uncertainty”.

Feel free to use the following messages as is or to adapt them to the needs of your audience or to the platform you use.

We encourage you to follow FCAC on social media to stay up to date on FLM activities and share relevant messages on your channels.

Don’t forget to follow and use the hashtag #FLM2020 in your posts!

About FLM and financial literacy

Before FLM

Financial Literacy Month is coming up soon! All November, activities are taking place virtually to help you better manage your money. Follow @FCACan and learn more here: https://www.canada.ca/en/financial-consumer-agency/campaigns/financial-literacy-month.html #FLM2020

Get prepared for Financial Literacy Month in November! This month is all about giving you the tools to better understand your finances and manage your money in challenging times. To get ready, visit: https://www.canada.ca/en/financial-consumer-agency/campaigns/financial-literacy-month.html #FLM2020

During FLM

Happy Financial Literacy Month! Follow #FLM2020 for tips and tools to help you make informed financial decisions. https://www.canada.ca/en/financial-consumer-agency/campaigns/financial-literacy-month.html

Managing your personal finances can be challenging in normal times. With #COVID19, it is even tougher. This Financial Literacy Month, get the tools and resources you need to manage your money through these challenging times: https://www.canada.ca/en/financial-consumer-agency/campaigns/financial-literacy-month.html #FLM2020

We’re proud to participate in Financial Literacy Month, a national campaign aimed at improving the financial wellness of Canadians. Find out how you can take part in #FLM2020 too: https://www.canada.ca/en/financial-consumer-agency/campaigns/financial-literacy-month.html

10th anniversary

This November marks the 10th anniversary of Financial Literacy Month. This year, it’s important to help Canadians understand their finances and learn how to manage their money in times of financial uncertainty. Find out more: https://www.canada.ca/en/financial-consumer-agency/campaigns/financial-literacy-month.html  #FLM2020

This year is the 10th anniversary of Financial Literacy Month in Canada. It’s the perfect time to learn new things that will make managing your money easier. For financial tips and tools, visit: https://www.canada.ca/en/financial-consumer-agency/campaigns/financial-literacy-month.html #FLM2020

Keep track of your money

Tracking your expenses gives you a better understanding of your finances. Once you have a clear picture of how you spend your money, it’s easier to stay on top of your finances. For more budgeting tips, visit: https://www.canada.ca/en/financial-consumer-agency/services/make-budget.html #FLM2020

When you’re going through tough financial times, it’s important to make sure your money goes toward the things you really need. The #BudgetPlanner will help you set financial priorities: https://itools-ioutils.fcac-acfc.gc.ca/BP-PB/budget-planner #FLM2020

Commit to a spending plan

Stay on top of your finances and make sure you live within your means with a budget that you update regularly. @FCACan’s #BudgetPlanner will guide you through each step: https://itools-ioutils.fcac-acfc.gc.ca/BP-PB/budget-planner #FLM2020 

Create a personalized budget in 3 steps with @FCACan's #BudgetPlanner. It provides tips, suggestions, and alerts, and allows you to compare your spending habits with other Canadians in similar situations. Try it here: https://itools-ioutils.fcac-acfc.gc.ca/BP-PB/budget-planner #FLM2020 

With #COVID19, managing your money may be more challenging. A budget can help you stay on top of your finances and protect you from financial surprises. Learn how to make a budget and stick to it: https://www.canada.ca/en/financial-consumer-agency/services/make-budget.html #FLM2020 

Reassess your financial goals

During challenging times, you may need to reassess your financial goals to make sure they are still realistic and relevant to your situation. Find out more about setting financial goals: https://www.canada.ca/en/financial-consumer-agency/services/savings-investments/savings-investment-goals.html #FLM2020

Whether you want to manage your debt or save for the future, setting goals is a great way to take charge of your finances. @FCACan’s Financial Goal Calculator can help: https://itools-ioutils.fcac-acfc.gc.ca/FGC-COF/home-accueil-eng.aspx #FLM2020

Minimize your debt as much as you can

While it may be difficult given the impact of #COVID19 on your financial situation, try to avoid borrowing money as much as possible. @FCACan has tips to help you find financial support: https://www.canada.ca/en/financial-consumer-agency/services/covid-19-managing-financial-health.html #FLM2020

Before taking on debt, always shop around, do your research, and choose credit products that meet your specific needs. You may have more options than you know: https://www.canada.ca/en/services/finance/debt.html #FLM2020

Did you know? @FCACan provides unbiased and fact-based information to help Canadians manage their financial health in challenging times. Find it here: https://www.canada.ca/en/financial-consumer-agency/services/covid-19-managing-financial-health.html #FLM2020

Have a plan to repay your debt

Having a plan to repay your debt will go a long way in reducing your financial stress. Follow @FCACan’s step-by-step guide to begin to pay down your debt: https://www.canada.ca/en/financial-consumer-agency/services/debt/plan-debt-free.html #FLM2020

Paying down debt is hard. @FCACan’s Financial Goal Calculator can help you create a realistic plan to repay your debt. Try it now: https://itools-ioutils.fcac-acfc.gc.ca/FGC-COF/home-accueil-eng.aspx #FLM2020

If you can, set aside some money for unexpected expenses

As the #COVID19 situation evolves, you may face more unexpected expenses or a financial emergency. Be prepared with an emergency fund: https://www.canada.ca/en/financial-consumer-agency/services/savings-investments/setting-up-emergency-funds.html #FLM2020

With an emergency fund you can avoid taking on more debt when something unexpected happens. @FCACan has tips and tools to help you build a financial safety net: https://www.canada.ca/en/financial-consumer-agency/services/savings-investments/setting-up-emergency-funds.html #FLM2020

Protect yourself from financial fraud

Fraudsters are preying on peoples’ fears and misinformation about the #COVID19 pandemic. Protect yourself and your money with these tips: https://www.canada.ca/en/services/finance/fraud.html #FLM2020 

Be very cautious when receiving emails or texts that appear to be from a financial institution asking for personal or financial information. Find out more about #COVID19-related fraud: https://www.canada.ca/en/financial-consumer-agency/corporate/covid-19/warning-potential-financial-fraud.html #FLM2020 

In cases of #fraud, your financial institution may not cover your losses if you have not kept your PIN secret. Learn more about protecting yourself from fraud: https://www.canada.ca/en/services/finance/fraud.html #FLM2020

Order your credit report

Take a close look at your free credit report at least once a year to see what it says about your financial history, and to catch any errors or signs of #fraud. More about credit reports: https://www.canada.ca/en/financial-consumer-agency/services/credit-reports-score.html #FLM2020

With the emergence of #COVID19-related scams and #fraud, ordering your credit report is important to find out if you’ve been a victim of fraud. See how to order your free copy: https://www.canada.ca/en/financial-consumer-agency/services/credit-reports-score/order-credit-report.html #FLM2020

Understand your financial products and services

Financial institutions have a responsibility to communicate information about financial products in clear language to consumers. If you don’t understand something, ask your financial institution. https://www.canada.ca/en/financial-consumer-agency/services/rights-responsibilities.html #FLM2020

You have a question about your rights and responsibilities when dealing with financial institutions? @FCACan has answers: https://www.canada.ca/en/financial-consumer-agency/services/rights-responsibilities.html #FLM2020 

Have an issue with your bank? Each financial institution must have a fair and efficient process for handling complaints. Find out how to make a complaint: https://www.canada.ca/en/financial-consumer-agency/services/rights-responsibilities/rights-banking/make-complaint.html #FLM2020

The more you know and understand your financial rights and responsibilities, the easier it is to avoid costly surprises. Don’t be caught off guard; visit: http://www.canada.ca/money #FLM2020 

Build good financial habits

Understanding and staying on top of your finances can help in challenging times. @FCACan offers practical tips and tools to help you make the financial decisions that are right for you: http://www.canada.ca/money #FLM2020 

Looking for resources about managing money? Search the Canadian Financial Literacy Database to find the resources you need to improve your financial knowledge, skills and confidence. https://www.canada.ca/en/financial-consumer-agency/services/financial-literacy-database.html #FLM2020 

Put your children on the path to financial success and smart decision-making by teaching them about money early. For ideas to start the money conversation, head to: https://www.canada.ca/en/financial-consumer-agency/services/teaching-children-money.html #FLM2020

On a tight student #budget? @FCACan has several resources dedicated to budgeting for student life:  https://www.canada.ca/en/financial-consumer-agency/services/budget-student-life.html #FLM2020

It’s never too early or too late to start saving for a child’s education. Find out about Government of Canada incentives to give your child’s education savings a boost: https://www.canada.ca/en/services/benefits/education/education-savings.html #FLM2020 

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