This report presents the results of the CFCS 2014 on two areas of focus: managing money and debt wisely; and planning and saving for the future. [...] The report points to different types of knowledge, skills and behaviour that contribute to the financial literacy of Canadians, for example: Knowing how to track expenses and budget effectively are essential skills that enable people to live within their means and to feel in control of their financial lives. [...] The results serve the dual purpose of providing a benchmark of how Canadians are doing on indicators of financial well-being, and they will also inform ongoing efforts aimed at raising the financial literacy levels of Canadians. [...] Figure 13: How often do you check your account balance4—Population group 4 For the newcomer population, responses to this question of “yearly” and “never” are clustered with responses of “monthly.” In other words, “monthly” for newcomers should read “monthly, yearly and never.” Managing Money and Planning for the Future: Key Findings from the 2014 Canadian Financial Capability Survey. [...] The relationship between age and preparing for retirement is relatively constant, with similar proportions (76% to 79%) saving for retirement in each of the age groups between the ages of 35 and 69.