Each week, ICBA’s Jordan Bateman reflects on what we’ve learned as we participate in ICBA’s Workplace Wellness Program. This program is free for all ICBA members – check out icba.ca/wellness for details.
As we continue our month on financial fitness, ICBA Wellness directed us to a few, free, online courses from the Credit Counselling Society. One of them, Truth About Credit, was especially interesting.
It describes different types of credit (from lines of credit to payday loans), and helpfully lays out how interest, especially on credit cards, compounds. It even shows you how much difference 1% in interest rates makes, when making minimum payments.
Plus it explains credit reports and how to get a copy of your own. Very helpful, practical stuff that they just don’t teach in school.
It’s definitely worth your time!
ICBA’s Workplace Wellness Program is helping more than 50 companies, and thousands of construction professionals, better understand mental health. The program is free for ICBA members — see icba.ca/wellness.