A free financial empowerment program for families.
Quick facts
Service type: Financial Empowerment
Eligibility: Toronto families (parents and caregivers) with at least one child under age 18 in their care, and who are living on a lower income. Families must be motivated to set up a financial plan and able to engage in multiple sessions (approximately six) over a three-month period, both independently and with counsellor support. Scheduling is flexible.
Delivery: In-person and/or by phone
Fee: Free
Program dates: This program runs on a cohort basis, with registration open year-round. Clients commit to engaging in multiple financial counselling sessions over a three-month period.
Program description
The Scotiabank Family Finance Clinic is a free three-month financial empowerment program for families.Access one-on-one support froma financial counsellor to create and achieve realistic financial goals and build strong money management skills.
This program is not suitable for those experiencing immediate financial crisis. For assistance, please contact our Financial Empowerment Counselling service at (416) 645-6000 ext. 1330 or email [email protected].
Participating families can expect to:
Create a Family Financial Plan with short- and long-term goals
Get a financial benefit screening
Increase financial literacy and confidence
Receive individualized financial counselling to improve money management skills and behaviours
This program can help families achieve financial goals, including:
Increasing your income and reducing expenses
Creating and tracking a realistic budget
Accessing and understanding your free credit score
Managing debt repayment
Arranging a regular savings plan
Accessing savings for your children’s education
Program testimonials
Anonymous
Client
“I feel more informed about how I'm spending my money, how money is flowing through, and how I can build towards my future. I have a pathway with all of this information, finding out about benefits that are going to give me and my family access to so much more support.”
WoodGreen offers a free year-round tax clinic for low-income individuals and households. Our team can assist with preparing simple tax returns and up to 10 years of back taxes, Notices of Assessment and other tax related matters.
Contact information: (416) 645-6000 ext. 1187
Toronto residents living on low incomes with simple tax returns
WoodGreen offers free one-on-one financial counselling for low-income clients. Our team can assist with accessing government benefits, banking services, budgeting, debt and credit management and general financial questions.
Contact information: (416) 645-6000 ext. 1330
Toronto residents living on low incomes and facing financial challenges
WoodGreen’s Income Transition Project offers free 1-on-1 counselling to support Ontario Works (OW) recipients to better understand the financial process of transitioning from OW to employment.
In person, virtually, over the phone
Registration is not open to the general public at this time
We deliver free presentations to community groups on a range of financial topics, including money management, income tax benefits and credits, low-income retirement planning and more. Workshops can be customized to suit an organization’s needs and interests.
Contact information: (416) 645-6000 ext. 1330
Toronto residents living on low incomes and facing financial challenges
