Project Whyfi – Financial Literacy Basics For Students

Hello! We’re Nathaniel and Matthew, the leaders of Undertaking WhyFi. As highschool college students, we expertise first-hand a big hole in our schooling system: many college students graduate and not using a primary understanding of monetary literacy. This leaves them ill-equipped to navigate the complicated monetary challenges of maturity. Recognizing this subject, we, as a very student-run initiative, are dedicated to being a part of the answer. At Undertaking WhyFi, we strongly imagine that anybody, no matter their background, can take management of their funds with the precise data and instruments.

The Undertaking WhyFi Monetary Literacy Fundamentals for College students course is designed to empower Canadian college students with the important expertise they should thrive financially. Our program covers a variety of subjects, together with understanding several types of monetary accounts in Canada, corresponding to TFSAs, FHSAs, RESPs, and RRSPs. College students will even discover ways to successfully save and price range for important bills, together with post-secondary schooling, and discover varied investing methods tailor-made to completely different danger ranges. By equipping college students with these sensible expertise, we intention to shut the monetary literacy hole and be sure that the following era is ready to confidently handle their monetary futures. Collectively, we are able to construct a financially literate and empowered youth group.