This content covers financial planning, goal setting and elements that influence financial decisions. Uniquely tailored to Indigenous students’ experiences and histories, Financial Empowerment covers a wide range of topics in financial planning, personal finance, and financial decision-making. Threaded throughout with Indigenous and Canadian content, videos with Elders are also included, offering students their perspectives to enhance the learning experience.

This is a collection of resources to assist with infusing Indigenous knowledge, culture and values into the Financial Literacy Module 1: Why Money Matters (Introductory core)- Explore the purposes of money. Indigenous Elder Interivew Videos: https://opentextbooks.uregina.ca/financialempowerment/back-matter/video-interviews-with-elders/

This is a collection of resources to assist with infusing Indigenous knowledge, culture and values into the Financial Literacy Module 2 The Decision-Making Process (core Introductory).Outcome: Apply decision-making strategies to various personal and community financial scenarios.

This is a collection of resources to assist with infusing Indigenous knowledge, culture and values into the Financial Literacy Module 2 The Decision-Making Process (core Introductory). Some excellent resources include the NACCA Financial Workbook for Indigenous Women, The Money Stories series and the Native STAND booklet. 

Bright, beautiful, interactive and simple to use, Managing your money offers a series of seven worksheets to help Indigenous individuals and families to set and work towards money goals. Each financial topic and activity features artwork by Simon Brascoupé paired with a teaching from the animal world that draws on their skills, strengths and experiences in managing resources. These worksheets are designed to facilitate one-on-one conversations or to be used in financial education workshops (and in fillable pdf format)  They can be used in the order they appear, or in a different order that fits best with the individual. This resource also includes recorded webinar, with faciliator guide, blank slides to make your own presenation, and full booklets in English, French, Cree and Ojibwe.

Review these news articles and infographics on the impact and connection between financial wellness and physical and mental health. Students can reflect on the impact of financial stress and how it affects everything- physical, mental health and even workplace performance. The statistics in the news arcticles on financial stress are very challenging right now for Canadians, so students could read these articles and look for ways to change these statistics going forward for their generation.

Welcome to the "Keep Your Balance" activity. You are moving out on your own! You will receive no help from home! In this scenario you are old enough to drive a car if you choose to include the expenses of a car in your monthly expenses. You may share accommodation but each person must have his or her own bedroom.

"Personal Finance program teaches students in grades 9-12 personal money management skills including the key elements of personal finance such as spending wisely, budgeting, saving, investing and using credit."You can contact your local Junior Achievement (JA) to offer this course or you can enrol as a teacher and have your students complete it under your direction.  This can also be accessed by a student or parent as well (with a free account).

Gamified tax literacy courses are now freely available for Canadian students and teachers on the ChatterHigh platform.  Demystify taxes and boost confidence in youth so they can do taxes on their own with these 7 gamified online courses by the Canadian Revenue Agency. Course titles include: Starting to Work, Preparing to Do Your Taxes, Completing a Basic Tax Return, After Sending the CRA Your Tax Return and Purpose of Taxes. Students will earn a certificate of achievement for completing the Completing a Basic Tax Return course. By seeing examples of tax slips and tax returns, as well as walking through the steps of completing a basic tax return, students will tain the tools they need to confidently do their taxes on their own.

Money Stories is a series of 8 lessons dealing with financial matters of everyday life. The Money Stories Program originated when Elders at the Aboriginal Seniors Resource Centre (in Winnipeg, MB) had the idea that money management training should be taught to Indigenous youth with a focus on Indigenous values, culture, and traditional teachings. The Money Stories Curriculum was then developed and tweaked by current and past SEED Winnipeg Inc. staff.Everyone is welcome to review the Money Stories Curriculum presented here. Note: the attached materials are read-only.  SEED Winnipeg Inc. kindly requests that organizations contact them directly via email or phone to request a printable version of the instructor’s manual and to order printed versions of the workbook (there will be a fee to recover costs for the workbook).  Interested organizations should have like-minded goals and values that support individuals in any of these areas: financial empowerment, education, job readiness, or life skills training.  Someone with facilitation experience is an asset.

"The world of money is one area where many people often feel they lack control. Many, if not most, Canadians never had much in the way of financial education – at school or from parents. We hope to change that for the next generation. [Note to Parents and Teachers – Guides are with each Module.]"

Module 1 - Your Money Decisions: Who's in Control
Module 2 - Your Goals and Values
Module 3 - Your Goals: Some Things to Consider
Module 4 - Decision Making
Module 5 - Sources of Income
Module 6 - Career Under Construction: Investing in You
Module 7 - Are You an Entrepreneur?
Module 8 - Money Basics
Module 9 - Taking Control of your Money
Module 10 - Spending on Major Purchases
Module 11 - Borrowing Money
Module 12 - Getting and Managing Credit
Module 13 - Putting Your Money to Work: Saving and Investing
Module 14 - Protecting Assets - and Planning for Financial Independence

This content covers budgeting and net worth elements that influence financial decisions. Uniquely tailored to Indigenous students’ experiences and histories, Financial Empowerment covers a wide range of topics in financial planning, personal finance, and financial decision-making. Threaded throughout with Indigenous and Canadian content, videos with Elders are also included, offering students their perspectives to enhance the learning experience.

In The Payoff game, play the role of Alex or Jess, two up-and-coming video bloggers who are preparing for a life-changing video competition while managing their finances and handling unexpected events. In the immersive game, developed by Visa, help Alex and Jess make smart financial decisions within the tight three-day deadline and complete their video for the competition.

The following resource contains the assets (or resources) to accompany the Sask DLC Financial Literacy 10 course.Please note that all of these resources will also be available in the Financial Literacy Hub by mid-September 2024.  This will allow you to access resources by outcome for the course. This resources allows you to access all of the supports for Financial Literacy 10 in one place. A syllabus, timeline, teacher guide, course videos and supporting materials (organized by units) are provided. 

Examine the principles of saving money.

Teacher Guide included.

1-3 hours

Most people worry exclusively about aspects such as potential returns and fail to take asset liquidity into consideration when deciding whether or not to invest in certain assets.

Through this video, I did my best to explain what the liquidity of an asset means and why it's important to think about how you're going to sell before deciding whether or not to buy :)

I've also analyzed the liquidity of various asset classes: the liquidity of stocks, the liquidity of bonds, the liquidity of real estate, the liquidity of art and antiques, the liquidity of cryptocurrencies such as bitcoin as well as the liquidity of domains and websites.

Educational animation about credit card debt - part of a series about basic money management for students. These clips were made to complement talks given by comedian James Cunningham. (The character in the cartoon is indeed a real guy)

In order to incorporate Indigenous world views and perspectives into this textbook, eight Elders from FNUniv were interviewed during 2017 and 2018. For quick identification and access, the full set of interviews with Elders is listed below, along with a brief explanation of the focus of each interview.

When the value of an asset falls below the outstanding balance on the loan used to purchase that asset. Negative equity is calculated simply by taking the value of the asset less the balance on the outstanding loan.

What is Equity? Equity is a term used in accounting, in real estate and home-ownership, in investing, as well as in startup financing and valuation. The meaning of the term equity is very similar in the various areas where it is used, so it will be good to review all four of these to get the best understanding.

In accounting, equity is a term that you will find on the balance sheet. What you own is on the left: assets. What you owe is on the right: liabilities and equity. Equity is the book value of the shareholder capital. The accounting equation tells you that assets equal liabilities plus equity. That also means that equity equals assets minus liabilities.

Equity on a balance sheet goes up when a company is profitable: the net income for the year gets added to equity through retained earnings. Equity on a balance sheet goes down when the company is loss-making (losses “eat up” the equity), or when the company pays a dividend to its shareholders.

Equity in home-ownership works very similar to equity on the balance sheet. What we own is on the left: the house worth $500.000. What we owe is on the right: $400.000 of mortgage loan from the bank, and the owner of the house, Jim, has $100.000 of equity in the house. Equity in home-ownership is what a home is worth minus how much you owe to the bank.

Just like equity on the balance sheet of a company can go up or down, the equity that you have in your home can go up or down. If Jim is paying down the mortgage on his house by $50.000, then the amount of the loan outstanding will decrease and his equity in the house will increase. If the market value of the house increases, then Jim’s equity in the house will increase. Remember that equity is what a home is worth minus how much you owe to the bank. If the market value of the house decreases, then Jim’s equity in the house will decrease, or even become negative. Jim will need to have a conversation with the bank to make a remediation plan to get back to positive equity, or in the worst case scenario Jim might lose the ownership of the house and the bank will need to take a partial write-off of its outstanding loan.

Investing in #equity. Remember the example of the small manufacturing business that owned a machine, had a loan from a bank, and equity from one shareholder. What if we make that a big manufacturing business that owns lots of machines at different sites totaling $1 billion, has many loans outstanding totaling $800 million that are publicly traded in the bond market, and has many different shareholders as the certificates of ownership, the equity, is traded publicly as well. As an investor, you have the choice of buying bonds (which would have a predetermined interest rate, and has the machines as collateral), or the choice of buying stocks (which are perceived as having more downside risk as well as more upside potential). Invest in debt, or invest in equity.

Want to track the total return on your stock portfolio (share price increase/decrease plus dividends received), then check out the easy-to-use online portfolio tracker called Sharesight: https://www.sharesight.com/thefinance...

Equity in a startup company. How do you put a “price” on what is essentially so far just an idea, that still has to be developed and will find many ups and downs along the way? The company does not have any assets, liabilities and equity yet. The financing and valuation depend on the estimate of the revenue, profit and cash flow that the business idea might bring in the future. A good way to learn about startup companies in the tech field is the comedy series “Silicon Valley”. What happens if the app you are developing turns out to have a great compression algorithm, you are courted by investors ready to fund you, and your friends and roommates suddenly become your employees while you become the CEO?

Having equity can be a great thing. Equity has potential risks as well as potential rewards. The term equity is used in accounting, in home-ownership, in investing, and in start-up financing and valuation. Probably the easiest metaphor to remember is equity in home-ownership: what a home is worth minus how much you owe to the bank.