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What is financial wellness? Financial wellness is how you effectively manage your economic life and the state of your financial well-being. Financial, physical, and mental wellness are essential to living a healthy lifestyle. Financial Wellness is what it sounds like, healthy finances.

Financial wellness is key to balancing a healthy lifestyle, but sometimes it can be hard to know where to start or where to find the right information from experts. As members of the IBEW Local 353 there are many financial wellness resources that are available to you. Whether it’s starting a budget, planning for your estate, or setting your retirement plan in action, here are six resources to get you started:

Smart PathSmart Path is Canada Life’s Canadian group retirement and savings plan education website. Along with other helpful tools and retirement calculators, learn about retirement planning, saving, investing, Registered Retirement Savings Plans (RRSPs), Registered Retirement Income Funds (RRIFs) and more. Canada Life offers additional financial well-being resources such as a resource page, so you can brush up on different ways to improve your own financial well-being – whatever that may mean to you. You can connect with a Canada Life health and wealth consultant for assistance with your plan-specific inquiries.

Credit Counselling SocietyVisit the Credit Counselling Society’s website to access online courses on budgeting, building your credit, and managing debt. You also have access to free credit counselling and debt management services. Want to do a course to improve your financial literacy? Visit the Credit Counselling Society’s website at and sign up today.

Get Smarter About Money: Is an Ontario Securities Commission (OSC) website that provides unbiased and independent financial tools to help you make better financial decisions.

Financial Consumer Agency of Canada: The Financial Consumer Agency of Canada has a variety of great tools to help you choose amongst other things, a bank account or credit card, and also has budget and mortgage calculators.

Telus Health: Your Member Assistance Program (MAP) by Telus Health has resources to help you with your finances and provides services for life’s complications.

Your MAP is available 24/7/365: call the Care Access Centre toll-free at 1-866-289-6749 and indicate that you are a member of the IBEW Local 353. Or visit | Username: canadalife | Password: telus1

TEIBAS’ The WireRead about the latest news on financial wellness, your pension and your benefit plans.

TEIBAS TIP: Sign up for upcoming TEIBAS financial wellness webinars. Webinars are always posted on our website at