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.

Ever wondered why we act the way we do and make the choices we make? Abraham Maslow, an American psychologist believed that our actions and hidden desires are driven by a series of needs, which he organized into a pyramid. According to Maslow, our most basic needs, like food, air, and water, are the ones we need for our basic survival. So, our primary motivation is to meet these survival needs first. It does not matter how much money you have or how fancy your house is if your hungry and homeless. Once we have these fundamental needs covered, that’s when we can start focusing on our “higher order” needs.

The objective of this activity is to illustrate the power of diversification when it comes to stocks. Each student receives a card representing one publicly traded company and its returns over the past year. In various rounds, students compare their performance and simulate forming small and large mutual funds. WHY IT’S FUN: Simulation with lots of opportunities to move and collaborate

Mind Your Money: An Introduction to the Psychology of Spending. Nov 2023 https://youtu.be/BSulTNHwlL8?si=ZhaKcDXDi6guxeQoA one hour presentation from Mark at the Credit Counselling Society discussing mindful spending techniques and the marketing behind retailers who try to encourage you to spend your money.

Money StoriesGrounding Indigenous Youth in the Lessons of their EldersWhat is it?Money Stories is a customized money management training program for Indigenous youth. The program combines Indigenous Elders speaking about their experiences with money, with facilitator-led activities about money that are relevant to youth. “We (Elders) need to help the next generation out of poverty. Young people have gifts and talents that should be used. I believe that preparing them for the future, one day they’ll go out into society with the experience and confidence to know they can make it.” Elder Lucy Guiboche.Money stories is delivered in eight chapters. Topics covered include Money, My Community & Me, Building Assets, Goal Setting & Problem Solving, Gathering Information, Budgeting, Banking, and Credit.

Listen to M.B.A. student Kevin Liang as he shares his experience as a money novice while in college. Listen for his call to action, and think about how you can put his advice into practice. Topics include: Why do you think people often feel uncomfortable discussing their financial situation? What impact does financial literacy have on an individual’s future opportunities and societal inequality? What are the risks and benefits of not discussing financial matters openly? What does the narrator's story tell us about the social stigma associated with discussing money? How can being open about financial struggles and successes benefit individuals and communities? Discuss how early financial education could have changed the narrator’s family situation. What role does early financial education play in preparing for unforeseen financial challenges? Reflecting on the video, why might someone's financial literacy be linked to their family background or upbringing?

This activity involves four scenarios where the students will uncover the opportunity costs for each scenario (every decision involves a trade-off). The opportunity cost is the profit lost (or total cost- financial and non-financial costs) when one alternative is chosen over another. A trade-off is understanding that you are going to lose something, in relation to time, money, or energy, when the decision to choose something else is made.  When you buy or do one thing with your money, you must give up the chance to buy or do something else. This is a trade-off: what you give up to get what you want. When you spend part of your income on certain things, you give up spending it on other things.

Information from Financial Consumer Agency of Canada about payday loans: What is a payday loan, What options to consider before getting a payday loan, Where to get a payday loan, How much a payday loan costs, What to expect when you take out a payday loan, What happens if you can’t pay back a payday loan on time, What you can do if you’re stuck in a debt cycle

Students will be able to: Explain what a payday loan is and how it can cause users to fall into a cycle of debt, Identify what financial need payday lenders are meeting and why consumers use payday loans, Compare the price of borrowing money using various loan and credit products, Review alternatives to payday loans, Interact with a game to see the impact and cost of payday loans at high interest rates (and the profit motivation behind these companies) https://shadysam.com/

FL10.1 Explore how value systems, social factors, personal experiences and cultural backgrounds can influence financial decision making.  Whether we realize it or not, we use money everyday! However, we’re not always aware of how we use our money or why we make the financial decisions we do. People decide how to use their money based on their personal values, or what they judge to be important in their lives. Take some time now to identify what your students value!  Students can discuss their personal financial decision-making process, identify their money personality based on personal behavior and choices and analyze financial decisions and the influence of personal/external factors.

This contains specific resources from the Sask DLC Financial Literacy 10 course. Included here are activities that  uncover student lifestlye reflections and future goals; assignments that allow the students to explore careers and design their future; and SK curriculum-specific videos on Needs and Wants, Defining Lifestyle, Indigenous Perspectives and Action Planning

The following resource from the Sask DLC Financial Literacy 10 course contains: a viewing guide for videos on various cultural perspectives on financial decisions, an article and information to help the students begin to write their own plans, and the "Money Story" Assignment

Contains Managing Your Money Workbook, an activity for students to track their income and expenses, "Needs vs. Wants" and "Building a Personal Budget" assignments, rubrics and Sask DLC Videos

10.6 Explain the principles of saving money and the importance of a savings mindset. This activity contains Sask DLC course material including a Saving Strategies Activity, Saving Philosophy Case Study Investing Early Case Study, rubrics and Sask DLC Videos

This resource contains three lessons to review savings, investment options and the calculations of future values of investments. Lesson 1 The power of saving, Lesson 2 Investment tools, Lesson 3 Saving and investing review; End-of-unit quiz and answer sheet.  Each lesson includes black-line print masters for overheads and activities. 

Objective: Students will understand the principles of saving money and why adopting a savings mindset is crucial for long-term financial well-being.Indicators: Investigate different saving strategies (e.g., lump sum or at regular intervals, pre-authorized and random contributions). Examine advantages and disadvantages associated with various saving strategies. Identify appropriate savings strategies based on needs, wants and goals (e.g., 50 per cent needs/30 per cent wants/20 per cent savings, auto withdrawal, deposit only account, deductions at source).

10.2 Sports Betting Advertisements: Sports betting has become increasingly popular and advertisements promoting it are everywhere. Students will find a sports betting advertisement, analyze the target market and potential impact on the viewer. Students will discuss some of the aspects and questions about sports betting advertisements and use this information to create an awareness campaign to educate others about the impact of sports betting advertisements.

“The Dark Side of Buy Now Pay Later (BNPL) Apps” Video and Listening Guide Two Cents Video: https://youtu.be/UFJgnaASld8?si=ZlyKa6W0f4mq5gZj Buy Now Pay Later loans are becoming the newest, trendiest way to spend money you don't have... but are they really safer than credit cards? Preet Banjeree Video: https://youtu.be/fYM0eLvds1g?si=kNPU8bSCaAfp_0Br There are no free lunches. Find out how expensive it is to offer (for a merchant), how that can increase prices, and how using other methods to pay might be better for you (and also for lower income households!)

In this lesson, students will explore the financial insttitutions in Canada and review key terms.Included in this resource: 1. Students review key vocabulary words. 2. Students read and take notes. 3. Students will complete a Bubble Map to summarize what they learned from the reading. 4. Students answer the questions and explain their thinking. 5. Students write answers to the short answer questions. 6. Have students complete the Open Ended Questions and discuss with partners or groups.

Money is one of the oldest aspects of human culture, likely predating the written word. It's woven into the fabric of virtually all human activity, like food, family, work, religion, and celebration. So it's not surprising that there is a wide variety of unique money customs around the world. Students will explore new vocabulary, learn about various financial routines that differ between cultures, and respond to some multiple choice short answer and reflective questions.