SUMMARY - Financial Literacy and Budgeting
The morning commute for Elena, a social worker in Toronto, begins with a stack of files detailing clients who have secured temporary housing but lack the financial infrastructure to maintain it. She recently assisted a client who, after months of navigating shelters, was finally awarded a rental unit through a government subsidy. However, the client had no bank account, a damaged credit history from past medical debts, and limited understanding of how to manage a monthly budget that included hydro, internet, and rent.