About

In the fall of 2017, a small group of volunteers got together and partnered with YWCA FOCUS@Work to put on free finance workshops for women in Vancouver, BC.

We are motivated by the fact that financial literacy is an area that many people would like to improve and a study by Statistics Canada carried out in 2014 showed that Canadian women have lower levels of financial literacy and less confidence in their ability to manage their finances than Canadian men.  Since we also believe that women would feel more comfortable talking about money in a group composed of other women, we decided to hold the workshops for women only.

Workshops

The workshops being offered for the October 2018 session are all stand-alone seminars and do not have any prerequisites.  Details for each workshop are provided below so you can select the one(s) that meet your needs. Please sign up for the workshops that you are certain you will be able to attend since space is limited.

October 2 – Basic Banking, RRSPs and TFSAs

October 16 – Personal Income Tax Preparation

October 23 – Credit Fundamentals

October 30 – Understanding Stocks

 

October 2 – Basic Banking, RRSPs and TFSAs

This is a two-part workshop for women wanting a better understanding of the different types of accounts available for saving and investing.

The first hour will be an introduction to basic banking and will cover such topics as:

  • How to choose the right bank account for your needs
  • How to make interest work for you — not against you
  • Ways to reduce your account and transaction fees

The second hour is about two of the most important savings vehicles available to individuals and includes information on:

  • The benefits of using RRSPs and TFSAs
  • How to decide whether to invest in an RRSP, a TFSA or both
  • The different kinds of RRSP and TFSA products

Presenters:

Our presenters are part of a program called Each One, Teach One put on by Vancity which is dedicated to promoting financial literacy and independence.  Michele Quan is a Certified Financial Planner ands a Wealth Planner with Vancity Credit Union / Credential Asset Management Inc.  Emi Yumura is an Account Manager at Vancity.

Register for this event at:

https://www.eventbrite.ca/e/workshop-1-for-women-understanding-basic-banking-rrsps-and-tfsas-tickets-50027533700

 

 

 

October 16 – Personal Income Tax Preparation

This workshop is for any woman who would like to know more about how to do their income tax returns from an accounting specialist. The concepts covered in this workshop include:

  • How to complete a basic personal tax return
  • What to do about self-employed income
  • Why it makes sense to file your tax return, even if you don’t owe money
  • Benefits available to lower-income tax-payers in Canada
  • Where to find help

Presenter:

Sabrina Scardillo, CPA/CA, is currently working for Connor, Clark & Lunn Financial Group as a tax specialist.  She has extensive knowledge in both personal and corporate tax with over 18 years experience.

Register for this event at: 

https://www.eventbrite.ca/e/workshop-2-for-women-personal-income-tax-return-preparation-tickets-50027805513

 

 

 

 

October 23 – Credit Fundamentals

This workshop deals with various aspects of credit including home mortgages.  Women who attend do not need any background in this topic. We will talk about important basics such as:

  • What is a credit rating
  • Why your credit history matters
  • How to build a good credit score
  • How to figure out the upfront and ongoing costs of homeownership
  • How to calculate the mortgage amount you qualify for
  • What is the role of a mortgage insurer

Presenters:

Jas Dhillon is Manager, Member Services, with Coast Capital Savings.  She will be joined by several of her coworkers.

Register for this event at:

https://www.eventbrite.ca/e/workshop-3-for-women-credit-fundamentals-tickets-50027819555

 

 

October 30 – Understanding Stocks

This workshop is for women who have little or no understanding of how stock markets work.   We will go over basic terminology and delve into topics such as:

  • What is a stock
  • What are the risk and return characteristics for stocks
  • How are stock market indices created and what are they used for
  • How do you measure investment results

Presenter:

Lori Satov has CFA, FSA, FCIA designations; an MBA from McGill University; and an Honours Bachelor of Science from University of Western Ontario. Lori is on the client solutions team at Connor, Clark & Lunn’s Investment Management.

Register for this event at:

https://www.eventbrite.ca/e/workshop-4-for-women-understanding-stocks-tickets-50028004107

 

 

Survey

We are constantly working to improve and expand our program and workshops.  Whether you have participated in a workshop already, or just interested in financial literacy for women, please feel free to complete our survey:

https://www.surveymonkey.com/r/YFSSRGB

At the end of the survey, you have the option to also include contact details if you would like to find out about upcoming workshops.