Geometric texture on a transparent background.

November is Financial Literacy Month!

Momentum is participating in Financial Literacy Month this November! Read about why we celebrate financial literacy, and explore the events we're a part of!

  • Community matters
  • Events

Thu Nov 7, 2024 by Momentum Staff

A woman and a child stack coins on a tabletop.

At Momentum we believe financial literacy is essential not only for individuals, but for the well-being of entire communities. When people understand how to manage their money effectively, they are better able to contribute to the economic health of their neighbourhoods. Everyone wins!

Financially empowered individuals can make informed decisions about budgeting, saving, and spending, which strengthens their personal finances and allows them to participate more actively in the local economy.

Empowering ourselves with knowledge about debt management, saving for emergencies, and planning for the future will greatly decrease our chances of falling into financial instability. Financially well individuals create a ripple effect of financial wellness that benefits local businesses, schools, and public services.

As financial education spreads, it can help reduce disparities within a community. Spreading and sharing financial empowerment throughout our city provides more Calgarians with the tools they need to break free from cycles of poverty, creating opportunities for upward mobility and reducing overall economic inequality.

Financial literacy is a powerful tool for building stronger, more resilient communities. By empowering individuals with the knowledge to manage their finances wisely, we move closer to a local economy that works better for everyone.

Check out all the Financial Literacy events Momentum is participating in this month with our Financial Literacy Month calendar!

View our interactive PDF calendar by clicking the link in the blog above!