Students can explore a (lengthy) article entitled "18 Ways To Make Money Online and Offline in Canada". The article can be shared in groups as there are different sections with different work environments and arrangments. The students can work on two different assignments to explore the vocabulary, short answer, multiple choice and open ended questions to learn more from this article.  

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!

Students can investigate important questions like "Do you talk about money in your home with your family? How about with your friends? ​ Where do you go to learn about money? Why?" with the NGPF presentation. Students will explore the advice from a family member or trusted adult (teacher, principal, etc). using the "Money Interview". Teachers may also use the previous Money Interview Results document and have the students "categorize" the advice (such as savings, investment, credit, career advice, etc). This allows the students to see what other adults have said and learn from the advice of another adult.

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

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?

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

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. 

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

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). 

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

This is an online lesson with built in quizzes, videos and explanations. Students can use this to supplement the learnng happening in the classroom on the credit card unit. Topics covered include: How do credit cards work?When should you use a credit card?Credit Card TerminologyWhat are some factors to consider when choosing a credit card?What are the costs of using a credit card?What are credit scores and how can you build your credit score?There is also a mini case activity included at the end with questions and feedback for the student.

In this lesson, students will learn how to read and interpret a credit report, and in the process they willdevelop an understanding of how their spending affects their credit history. They will learn about the credit bureaus in Canada, what information they track and who can review the report. An important question the students will investigate is "what does the credit file tell others about them?" There is also a sample credit report from Equifax on Jane Doe for the students to review and analyze.  

Teachers can use this resource to debate as a class or have the students reflect and answer on their own. It works well to divide the class into four groups and assign the students a topic (for or against). They may not agree with the topic they have been given, but that's the importance of debate- to allow a person to see both sides and why someone would support an argument different than your own.

Teachers can use this resource to debate as a class or have the students reflect and answer on their own. It works well to divide the class into four groups and assign the students a topic (for or against). They may not agree with the topic they have been given, but that's the importance of debate- to allow a person to see both sides and why someone would support an argument different than your own.

This resource provides a listening guide, student assignment and reflection on the topic of "Delayed Gratification", 24 hour rule and self control. In this short talk from TED U, Joachim de Posada shares a landmark experiment on delayed gratification -- and how it can predict future success with this priceless video of kids trying their hardest not to eat the marshmallow. Mischel theorized that children who eat the marshmallow within the time period would not be as successful as children who waited for 15 minutes for another piece of marshmallow. Delayed gratification = the process that a person will gain a reward after resisting temptation. 

FL10.2 Examine the influence that finances have on well-being Review a survey done to evaluate whether money can determine a person's happiness. Students can review a chart and see the results of happiness versus income levels. There is also a determination of a person's overall wellbeing and their "perceived happiness levels", based on what other think their happiness should be.