Canadian Banking Basics
What you'll learn
In this class you will learn about: - How banks operate - The relationship between the Bank of Canada, inflation rates, and your chartered bank - CDIC and how it pertains to your assets - Simple Interest vs. Compound Interest - Credit cards/how to build credit - Saving for the future (RRSPs, RESPs, TFSAs, GICs) - Loans and financial aid for students There will also be a question period!
This class is perfect for
Ages 16+, anybody that is looking for general banking knowledge, perfect for somebody that recently opened their own bank account or for somebody who is looking to build credit/save for the future.
I graduated in 2021 with my Bachelors in Business Administration with a specialty in Accounting and a minor in Cultural Anthropology. Prior to graduation, I worked in banking for three years and public practice accounting for two years where I experienced a large range of clientele from different industries. In addition, I was a Controller for a large, multi-disciplinary medical clinic for one year. I look forward to starting my Chartered Professional Accountant (CPA) designation in the fall with a multi-national firm. Moreover, I host free financial literacy workshops at secondary schools in my community which cover topics such as banking, payroll, taxation, and much more. Check me out: Article: https://www.okanagan.bc.ca/news/oc-alumna-gives-back-with-bursary-for-high-school-grads https://ca.linkedin.com/in/erum-ahmad-63a781181 https://www.okanagan.bc.ca/story/award-winner-is-teaching-young-people-to-crunch-numbers
What to bring
- Bring a credit card statement for your personal use (optional)
How to participate
Head to your confirmation email or booking page, and click the button to join the stream.
If you haven’t already, download Zoom for free on your computer or smartphone in advance.