Business
Scotiabank launches Money Style, a tool to help Canadians understand their emotional relationship with money
Scotiabank launches Money Style, a tool to help Canadians understand their emotional relationship...
About this update from Bank Of Nova Scotia
[{"type":"text","content":"\n \n \n \n Scotiabank launches Money Style, a tool to help Canadians understand their emotional relationship with money\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n New research reveals that nearly half of Canadians have had the same argument about money multiple times with loved ones\n \n \n \n \n \n Money Style, a new tool\n \n and quiz available through Scotia Advice+, aims to help Canadians have more insightful conversations about money\n \n \n \n \n \n \n \n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n March 18, 2024\n \n \n /CNW/ - A recent survey by Scotiabank reveals that nearly half of Canadians say arguing about money is adding increased stress to their lives, with 47 per cent reporting that they have had the same argument about money with loved ones more than once.\n \n \n To help Canadians break through these communication barriers, Scotiabank is introducing\n \n Money Style by\n \n \n Scotia\n \n \n \n \n Advice+\n \n , an online tool that helps build financial literacy by focusing on empathy and emotional intelligence when it comes to money.\n \n \n \"Money is a flashpoint in all kinds of relationships,\" said\n \n Tanya Eisener\n \n , Senior Vice President, Retail Customer Value at Scotiabank. \"It's a topic that easily provokes a range of feelings, which can include judgment and shame, and it can start arguments. Money Style is a unique tool that offers people a starting point to better understand themselves and their loved ones – and we hope that it helps Canadians have healthy and productive conversations about their financial futures.\"\n \n \n The Money Style tool draws on real-world scenarios and reveals what basic universal needs may be driving a person's actions, outlooks, and behaviours in money situations. By taking the 15-question quiz, people will learn their dominant Money Style and how it shows up in day-to-day situations.\n \n \n \"Having uncomfortable conversations about money is universal, but the reasons are individual. We all have a unique experience with money, whether forme...