This recurring lesson encourages students to comprehend their reading through inquiry and collaboration. They choose important quotations from the text and work in groups to formulate "quiz" questions that their peers will answer.

Students can explore these two investment game simulations and learn about the purpose of investing, the reasons for diversification of investments and explain the concept of risk tolerance including risk versus reward. Students may also be able to compare the advantages, disadvantages and ethical implications of various types of investments (stocks in this scenario). The STAX game is an interactive game, that allows students to diversify and try to beat the markets over 20 years. The Market Watch game is a simulation that used live prices and trading until the markets close (using fake money).  https://www.marketwatch.com/games/fin-lit-sk-2425/portfolio?pub=x05tAm55u24F  Password: investnow!

The material in this lesson will help students become aware of the warning signs of financial difficulties. When difficulties arise, students should first contact their creditors. Next, efforts should be made to revise spending patterns. In addition, assistance from a Credit Counseling service agencies might be considered. What if these actions do not help?

About this Lesson: In this lesson, students describe the roles of various financial institutions by analyzing bank advertisements. Students will research and then create a media product for a particular financial product or service of their choice. At the end of this lesson, students will use financial terminology fluently to build consumer awareness by investigating products and services offered by financial institutions.Suggested Timing: 2 hours

This workbook will help students understand the various banking fees that can be incurred and aware of the banking options and types of accounts that are suited to individual needs. Students will explore the services offered by banks, trust companies, and credit unions, various fees charged by banking institutions and outline some of the factors to consider when choosing a chequing account.

This collection features resources to support teaching Module 26B: Handling Debt Problems B from the Saskatchewan Financial Literacy curriculum. This activity suggests articles, websites, assignments, and discussion topics to help develop some problem-solving skills in relation to managing debt problems. 

Part of micro-economics involves financial decision making at an individual level. Understanding "why" we do what we do, when it comes to decision making, will form an important foundation to making financial decisions. Cognitive Bias is a systematic error in thinking that occurs when people are processing and interpreting information in the world around them and affects the decisions and judgements they make. These two documents allow students and teachers to work through cases and situations where various types of cognitive bias exists and how it may impact decision making.

Meet Mia Saver and Ima Spender are two 23-year-old women who recently graduated from college.  For a couple of years after graduation, neither of them saves any money for retirement. Both are focused on establishing their careers and purchasing household items.  At age 25, both decide it’s time to start a retirement account. In this activity, we’ll use an online financial calculator to better understand the power of compounding, interest rates and time!

Broke is a documentary about sports stars who went from having millions of dollars to being broke and the mental anguish that comes along with this. The movie explores why this happens, mostly due to how many of the individuals lacked basic financial literacy skills. Students will develop 5 lessons / take-aways that they learned from the movie that the rest of us can learn from? They will discuss the themes and lessons shared regarding making responsible financial decisions, ways to gather information and explore how financial security (or lack of it) can have a major influence on mental health and well-being. 

Outcome: FL10.5 Examine the role of personal budgets and their importance for financial planning. Indicator: i. Create and justify a personal budget for a hypothetical scenario that includes income and expenses. Students will read Gabrielle’s story and examine her budget.  Use the table or budget sheet to set up and maintain Gabrielle’s budget. Then the students will need to re-do her budget for the next month to make it work that she doesn’t spend more than she earns. There is a final reflection and analysis for the students to learn from this budget activity and how it will help them in the future to budget unanticipated items as well. 

This lesson includes full classroom sequence including suggested intro activities, timing, formative and summative activites, and context for teaching. In this lesson, students will identify and review their expenses and income and learn to create a budget. At the end of this lesson, students will: know, understand and/or can distinguish between needs and wants and create a personal budget. According to a FCAC’s 2024 Canadian Financial Wellbeing Survey, 53% of Canadians have household budgets. 62% of respondents say their debt increased by more than $5000 in the past 12 months and only 54% had an emergency fund to cover 3 months of expenses (down from 64% in 2019) 32% of Canadian say they are short on money at the end of the month (vs. 19% in 2019), which means budgeting isn’t going as well as it should be. So, since budgeting seems to aid in your financial health, why don’t most Canadians follow their budget?

This resource provides a listening guide, presentation and student assignment on the topic of "Buy Now, Pay Later", which has become a very popular way to finance everyday purchases. Students are challenged to identify the rise of BNPL programs and how they can "hurt" your credit score and lead to irresponsible borrowing in the future.  

Buy Now, Pay Later (BNPL) services have rapidly transformed the way many consumers approach online shopping, offering an alternative to traditional credit cards by allowing immediate purchases with deferred payments. These services have gained popularity for their ease of use and the perception of increased affordability, especially among younger consumers. However, it's crucial to understand the financial implications of BNPL, including the risks of overspending, debt accumulation, and potential impacts on credit health, to make informed and responsible financial decisions. 

This humorous vignette points out the necessity of taking care when we purchase something online. More and more we are making purchases online and avoiding the bricks and mortar stores. While this is proving to be an increasingly popular choice for people, there are cautions that need to be taken. As with any financial practice, there are safeguards and checks to be made, prior to any purchase, in order to ensure that we don’t wind up with something we don’t want – or worse – that we have been taken advantage of by unscrupulous people. So how do we safeguard ourselves as we shop online? There are certain things you can do.

Learning About Money Doesn’t Have To Be Boring!
A series of short vignettes produced for CFEE by Just For Laughs Gags focusing on money and highlighting money challenges, along with supporting tips and teaching material and suggested classroom activities and lesson ideas.
- Mind Your Money (PIN and password security)
- Buying Online: Be Safe. Be Wise (identifying secure websites, public WIFI and password security)
- Do They Have the Right Stuff (Trusted Advice, Selecting Financial Advisors, Good Money Decisions)
- If It Sounds Too Good To Be True (suspicious offers, risk/reward, credible investment sources)
-Catch It If You Can - In the Small Print (contracts, documents, verbal agreements, protect yourself)
- Why Pay More? (credit card offers, payments and interest charges, statement information, credit score)
- Need it, Want it, It's Your Call (need vs want, spending choices, compulsive buying, influences on buying)
- Take The Time (spending decisions, pressures to spend, comparison shopping, budget your money, return policies)
- Get the Credit You Deserve (credit score, paying off debt, credit rating accuracy, importance of a credit score)
- Scam Alert! (scams, fraud, personal information, protect your identity)

Use the course content in your own program and help your students develop an understanding of how the Canadian tax system works. Modules: Purpose of taxes, Starting to work, Lesson plan: Working for an employer, Lesson plan: Working for yourself, Lesson plan: Preparing to do your taxes, Lesson plan: Completing a basic tax return, Lesson plan: After sending us your tax return, Lesson plan: Using My Account, Lesson plan: Accessing your benefits and credits

This funny vignette stresses the importance of reading the fine print. Many times the “small print” is hard to read.  Warranties, contracts, policies, agreements and guarantees can be so long that it is human nature to skim over the text and sign without fully reading all the details. It is likely we have all done it. Think about it, if there is something that a seller wants to hide from you knowing, where would you put it? Often the information or exceptions that you really need to be aware of are placed at the end of the agreement. By that time, you are tired of reading and often agree without finishing reading all of the terms.  A buyer needs to be aware of his or her rights and have the confidence to stand up for them.

Smart money management requires building a foundation in strong, healthy financial habits. In this activity, we’ll learn about how habits work and then apply that knowledge to a financial habit that you’d like to change.Have students think about a financial habit they would like to change, and then answer the questions in the booklet. 

There are several interesting articles written by Anne Gaviola on Vice focused on Canadian finances, debt, and correlations between money and a person’s well-being. Keeping your debt a secret can mess with your mind and body. The culture of secrecy around debt causes young people to suffer in silence, making it even harder to manage debt. Use this content for case-based learning opportunities.

A money story is developed through the impact of your childhood and core memories of money. It is influenced by the impact of those around you as you watched, listened and absorbed money discussions and behaviors of others. The people around us and those we interact with, all help us develop our own money story and values regarding financial descisions. In this activity, students will:Draw their visions regarding spending, saving and giving moneyReflect on one 6 promots regarding personal influences and experiences on moneyWatch a Ted Talk on a personal money story for Tammy Lally "Let's get honest about our money problems" https://youtu.be/jlhtTKPkg5M?si=-qpm70n3Jwki5hYA Develop some future thinking ideas of what will impact them in the future Confirm their own "money story" now