The Journey Out of Debt
December 6, 2023
12:00 - 1:00 p.m.
Register here to be sent an invitation to the online meeting closer to the date.
CPA Canada is a respected and influential voice relaying matters raised by our members to the Canada Revenue Agency (CRA) and working collaboratively to identify solutions. CPA has put together resources to help manage your finances and provide you with tools to help.
In this session you will learn how to become better money managers.
Learning objectives for participants:
• Learn what credit is and how it works
• Understand the difference between types of debt
• Understand the cost of debt when making only minimum payments
• How payday loan companies operate and the cost of borrowing from them
• Understand how debt can pile up and how this can have negative consequences
on future financial plans
• Learn how to take control of debt including assessing the amount of debt,
debt repayment options and dealing with creditors and collection agencies.
Outline:
• How credit works
• Benefits and risks of credit
• Types of credit
• Cost of credit
• How debt accumulates
• How to take control of your finances (dealing with debt)
• Q & A
• Resources
