Coffee roaster and entrepreneur Paul Foster shares his earliest childhood memories about money and an early job at the bank seeing how customers manage their debt. These experiences shaped his financial future. Students will review three different video segments on being an entrepreneur, advice on debt and long term impact of loans, especially when you are self-employed. The activities include multiple choice, vocabulary, short answer and open ended questions giving the students an opportunity to review advice on being an entrepreneur, managing your debt and how this will benefit your future.Chapter 1 Childhood memories about money and being an entrepreneur video: https://www.youtube.com/watch?v=trBgl4tH6vU  Chapter 2 Dealing with debt video: https://www.youtube.com/watch?v=b22pGQFMQpM   Chapter 3 Paying off student loans video: https://www.youtube.com/watch?v=syoXqBo9IFA

FL10.8 Analyze credit options and the importance of responsible borrowing. Title: “Is There Such a Thing as Good Debt?” Listening Guide and Video. Some say that debt is the gateway to your goals, others say it's a ball and chain that will drag you down... So who's right?

This resource provides articles, videos and discussion questions on the topic of debt and the idea of "responsible borrowing". This is a problem with Canada having the highest household debt level among G7 countries. While it’s clearly normal to have debt, it’s also natural to wonder how your financial situation compares to others. Let’s explore the average debt levels of Canadians, learn about how credit card companies make record profits off of this debt and provide students with tips on what to do if their debt is higher than average. The goal of this lesson is to teach responsibly borrowing so that our students do not get themselves into debt "quick sand" in the future.  

This activity allows the students to discuss the burden of student loans and financing post-secondary education. An additional aspect to this activity is the mental health aspect regarding heavy debt loads for post-secondary. The discussion could include a debate on student loans, who is responsible and can a student "walk away" from this debt? Should the government pay for post-secondary education for everyone? If yes, would you be willing to pay more taxes for free post-secondary education?Students often finance their post-secondary education, which can be very expensive over many years. How does a student pay this debt back if they are unable to finish their program, especially in expensive programs such as medicine or law?  

Explore options for funding post-secondary education and training.

Teacher Guide included.

5-7 hours

"Give your students a deeper understanding of money management using a curriculum offered by Choices & Decisions: Taking charge of your financial life™. This program is designed to teach young people how to set long and short-term personal and financial goals; create and work with a personal budget; identify how and when to use credit; save and invest, understand the basics of banking services and develop character and confidence. The materials can easily be adapted for use in a wide variety of instructional settings including high schools, colleges and adult education programs.

Start making a difference with your students today. Select specific lessons or in-class activities or download everything as a PDF file."

Choices & Decisions Introduction

Decisions & Goals: Making Decisions; Making Money; The Art of Budgeting;

Loans & Expenses: Student Loans; Living on your Own; Buying a Home; Cars and Loans

Banking & Credit: Banking Services; Saving and Investing; About Credit; Credit Cards

Consumer Knowledge: Influence of Advertising; Consumer Awareness; In Trouble; About Consumer Privacy

Welcome to Relevance 2024 by the Saskatoon Industry Education Council. We’ve packed peer profiles, career spotlights, career exploration resources, an updated Job Chart and more into this year’s magazine. Our theme for 2024 is Limitless—not because jobs are infinite. Your future is limitless because it’s all in front of you, your journey is just starting. Our updated Job Chart highlights the latest stats on over 250 jobs, from wages to job prospects to educational paths. We’ve turned a spotlight on career options in health care and art-focused careers. You’ll also find links to resources on essential skills, apprenticeship, scholarships, virual reality training and moe. Your future awaits - enjoy exploring the limitelss possiblities.

Information on the Student Loan and Grant application. "Learn more about supports for full-time and part-time students, Indigenous students and students with disabilities."