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An Empowering Education: Financial Resources at WoodGreen Community Services!
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Hi, my name is Jess and I'm a fourth-year Material Art & Design student. CREATiveFund$ is a resource I developed for students who want to learn more about managing their money. It is supported by the Financial Aid & Awards office and every month on this website there will be articles, news and tools to help you become financially successful!
An Empowering Education: Financial Resources at WoodGreen Community Services
Interview by Jessica Duncan, Financial Literacy Researcher & Writer
Managing money can be stressful, but it doesn’t have to be. Although stress never goes away completely, the ubiquitous power of money can be curbed by learning more about it.
Elaine Magil is Senior Manager, Financial Literacy Programs at WoodGreen Community Services. Her role involves the development of financial literacy programming, available to the public including OCAD U students, such as:
- Income tax preparation for low-income households
- Financial literacy classes and courses ranging from a one hour session to an 8-day training course
- One-on-one counselling for some clients to help review and understand credit reports
- And, a free debt management clinic that helps people understand their options and rights in dealing with debt
Elaine also provides a list of resources that can help young people become more financially empowered:
- CanLearn.ca is the first place to start for anyone with questions about a student loan
- Community Legal Education Ontario is FULL of information about consumer rights, employee rights, tenant rights and more
- Investor Education Fund has a lot of information about investing, as well as some more basic financial literacy stuff
- Ministry of Consumer Services has some good handouts about frauds and scams, contracts, and other consumer protection laws
- Equifax is one credit bureau (the other is Transunion) where you can request a copy of your credit report, to know what (if any) debt you have and with whom
You can curb your money stress by becoming more informed! Check out WoodGreen Community Services online or in person for more ways to learn about managing your money.
WoodGreen Community Services
815 Danforth Avenue, Suite 100
Toronto
416-645-6000
info@woodgreen.org
WoodGreen also offers services such as Mental Health supports, help finding affordable housing, and youth (and adult) settlement services.
- August & September: Goal-Setting
- October: Budgeting
- November: Saving
- December/January: Down with Debt!
- February: Students & Taxes
- March: How Artists and Designers Already Think Like Entrepreneurs
Contact Us
- What's your best financial tip? We want to hear from you! If you have topics you'd like to see here, tips to post or questions to ask, send us an email.
- Follow us on Twitter for financial tips: FinAidOCAD
Last Modified:5/11/2012 12:26:28 PM
