11/25/2012 12:49 EST | Updated 01/25/2013 05:12 EST

New Canadians learn about financial planning

New Canadians in Regina are learning how to better manage their money from a group of University of Regina business students.

Most of the immigrants taking the classes at the Open Door Society are from Burma.

They're learning things like how to better save money and how to file their taxes.

Lili Htoo is from Burma and is in the class to translate the lessons.

"Our life in the camp is very different from our life in Canada," she explains. "Here to start a new life we need to learn new lessons, so it is very important for newcomers to learn this."

The business students are holding the seminars as part of an accounting class.

Beth Wozniak, who is one of the teacher-students, said she realizes the importance of helping new immigrants in their transition.

"It's neat because it's first nature to us and we forget sometimes that it is very foreign to a lot of other people that haven't been raised in this type of community," said Wozniak. "It's interesting to see and take people through that experience."