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?

Students will work through a budgeting workbook, choosing their expenses and overcoming unexpected items each month. Step 1, the student will use a dice to determine their future job, which will be used throughout the activity. Step 2 guides the students to calculate their take home pay using step by step guide to take off deductions from the paycheck. Step 3 allows the students to make life decisions for how they want to live and determine how much those decisions will costs (tracking the happiness points that go along with each choice). Step 4 is a fun part of the budget where "stuff happens" which impact their monthly finances and happiness points. There is a summary activity to find out if students are able to fund their monthly budget, even with the unexpected. There is a final reflection and analysis for the students to learn from this budget activity. Students will need this workbook, a dice (could be virtual), and a calculator

In this activity, students will explore a job as an Uber driver. There are some clear perks of working in the gig economy, such as being your own boss and working flexible hours. But it might not be as easy as it seems. You’re a full-time Uber driver with two kids to support and a $1000 mortgage payment due in a week. Can you earn enough to pay the bill -- and make more than other players?Students will keep track of their activities in the game, their choices (to pick shifts or spend money) and how they did during the game over (able to pay bills, balance life with a job that side hustle and varying hours). 

Outcome: FL10.5 Examine the role of personal budgets and their importance for financial planning.Indicator: f. Discuss how personal goals, social influences and values impact a budget.

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. 

This task allows the students to create a family’s cash flow budget based on their current situation, analyze strengths, weaknesses, opportunities, and threats to their household budget, and give the family some financial advice.The assignment also asked the students various planning questions regarding family budgets, events that affect the budget and variables to consider when a household plans their budgets.

Examine the principles of budgeting.

Teacher's guide included.

3-5 hours

This content contains grade level Personal Finance Case Studies, resources to help teachers teach, helpful guides for teachers to write their own case studies and sample case presentations and videos of past students. These are great resources to enhance your teachings, use as projects or year end assignments and to prepare students for case based instruction in their future post secondary or at case competitions.

The following resource contains the assets (or resources) to accompany the Sask DLC Financial Literacy 20 course.This resources allows you to access all of the Sask DLC supports for Financial Literacy 20 in one place. Course videos and supporting materials (organized by units) are provided. 

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 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.

How to use Make it Count in the Classroom: Virtually every subject offers opportunities to expose students to money management situations. Rather than competing for valuable teaching time, Make it Count can enhance mandated curricula with engaging and practical real-life examples that promote understanding and hone decision-making skills. Saving, budgeting, spending wisely, earning money and recognizing scams are a few key concepts that weave themselves through a series of meaningful activities that easily integrate into subjects such as: Math,Computers, English, Art, Social Studies, Life Skills, Physical Education