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!

One of the key strategies in investing is to take advantage of the power of compounding. Two of the most common cases of people benefitting from compounding are: receiving compound interest in a savings account, and getting compounded returns from stock market investments. In this activity, we’ll use one of these calculators to better understand the power of compounding.

This activity includes Investing Basics Teacher-recorded Video, Article, PPT & Assignments. The assignment will introduce the student to various investment options and help them understand the basics of investing.

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

Whether it’s buying that $5 coffee, a new piece of clothing that we don’t really need, or just trying to make ends meet, saving money is oftentimes easier said than done. We are often influenced by a variety of factors that make it difficult to save money. Many cartoonists have observed these challenges and wittily depict them in their cartoons. In this activity, you will pick one of the cartoons provided below and analyze how it portrays the challenges we encounter when it comes to saving money.

"There are 44 modules worth of activities and resources on this page! 31 modules with the secondary icon are designed for high school instruction in the Saskatchewan Financial Literacy 20/30 curriculum.

Although some of the content of the 13 other modules are designed for middle years instruction, they are easily adaptable to secondary learners. Teachers, consult your school division to see if the 13 modules have been taught at the middle years level to avoid repetition.

Simply click on a theme, select a module for instruction, pick an appropriate suggested activity from the Teacher’s Guide, and download the necessary resources to help students meet the module’s outcome."

This resource contains: Financial Literacy Resource Guides for teachers, projects, classroom resources, PowerPoint lessons, Excel and Google Sheets, Games on topics including: Savers Beware, Business Cycle, Understanding Payroll Deductions, Life Planning, Financial Planning, Interest and Credit Cards, and TFSAs

These are mini 8 question quizzes that students can do to test their knowledge (pre-test or post-test) on the following topics: Debt Drama, Quest to Invest, Scam Exam, Saving for School, Investment Shopping, Unsure? Insure!, Ready Set Retire, Gift Thrift, Family Financial face-off