St. Lawrence College Recognized for Contributions to Financial Literacy

St. Lawrence College believes that helping students live financially stable lives is a goal worthy of their time and effort.

Literacy may bring to mind proficiency in reading and writing, but an education that equips you for life goes further than that. Financial literacy is an important part of preparing young people for a successful future, and St. Lawrence College recently had this form of literacy on their mind.

Before an audience of heavyweights in financial thinking, the St. Lawrence College Enactus team was applauded for their contributions at the 2014 National Conference on Financial Literacy that was held November 6-7 in Vancouver, British Columbia.

This National Consumer Agency of Canada initiative offered delegates the opportunity to delve into the ever-changing world of financial literacy by participating in critical discussions about financial wellbeing. The conference looked for ways to strengthen financial literacy through presentation, collaboration and consultation. From roundtable discussions to inspiring stories, ideas flowed for building a national strategy for financial literacy.

Front and center at this unique conference was St. Lawrence College’s contribution to the think tank on financial matters. Their project was adopted as part of the Financial Consumer Agency of Canada’s Financial Literacy Database, and their work on the Manage Your Money and Food Cents projects was recommended as part of best practices for a National Strategy for Youth.

Faculty coach, Pam Bovey Armstrong, notes that “Proper ‘financial literacy’ is so much more than just teaching budgeting, banking, borrowing, etc; it encompasses behaviour, confidence, knowledge, security and real world application.”

Clearly, St. Lawrence College believes that helping students live financially stable lives is a goal worthy of their time and effort.