This volume presents the financial literacy results of the OECD Programme for International Student Assessment (PISA) 2022 and examines 15-year-old students’ understanding of money matters in 20 countries and economies. It explores the links between their financial literacy and their competencies in mathematics and reading, and differences across socio-demographic groups. It also offers an overview of their experiences with money, their financial behaviour and attitudes, and their exposure to financial literacy at home and in school. It assesses the extent to which students in twenty participating countries and economies have the knowledge and skills, acquired both in and outside of school, that are essential for making financial decisions and plans for their future. Many 15-year-olds face financial decisions and are already consumers of financial services. They are likely to face growing complexity and risks in the financial marketplace as they move into adulthood. Since better knowledge and understanding of financial concepts and risks could help improve financial decision-making amongst adults and young people, financial literacy is now globally recognised as an essential life skill. 

Assess the financial, ethical and legal implications associated with different methods of paying for work.

Teacher Guide included.

6-10 hours

The Penny Hoarder's goal is to teach financial skills for life, so it's a great place for students to learn about responsible money-handling. From coupon deals to earning side cash to smart budgeting and managing debt, The Penny Hoarder will increase your financial literacy on all levels. There's also an on-site academy where you can learn the basics of financial topics, such as managing credit, budgeting, and more.

This editable excel template allows users to document and track personal monthly investments, savings, income and expenses.

In this project students will use their math skills to determine how much money they can make in a minimum wage job, and are then given the opportunity to try to build a budget based on their income.

This project will also give students an opportunity to reflect on some of the difficulties that may occur as they try to budget based on minimum wage and the choices and sacrifices that may need to be made.

I use this assignment whenever I teach Personal Finance. There is no better way to teach budgeting skills and the power of money than to have the students track and record their spending for five months. This is probably the most powerful activity that I have used in teaching this course.

Investigate personal income tax.

Teacher Guide included.

5-10 hours

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.

The purpose of this task is to give students an opportunity to explore various aspects of exponential models (e.g., distinguishing between constant absolute growth and constant relative growth, solving equations using logarithms, applying compound interest formulas) in the context of a real world problem with ties to developing financial literacy skills.

This is an interactive simulation that immerses users in the challenges of living on a low income. Players make tough financial decisions over a month, reflecting real-life scenarios like medical emergencies and unexpected expenses.

Key Features:
Simulation Game: Navigate daily choices with limited resources.
Educational Insights: Learn about poverty, budgeting, and systemic issues.
Awareness Building: Fosters empathy and understanding of financial hardship.
Target Audience: Ideal for educators, students, and community organizations interested in economic disparity.

Benefits:
Enhances financial literacy.
Promotes discussions on social justice.
Provides a safe space to explore difficult choices.

"A one-stop-shop for educators working to increase students’ financial literacy skills. This program is built by teachers to provide resources and activities that connect directly to 42 modules in Saskatchewan’s Financial Literacy 20, 30 curriculum. Free middle years and secondary level content can be accessed on the site, and educators can inquire about professional development opportunities."

Examine the principles of saving money.

Teacher Guide included.

1-3 hours

In this challenging instructional task students relate addition and subtraction problems to money and to situations and goals related to saving money.

Differentiate between saving and investing.

Teacher Guide included.

1-2 hours

Students learn about the major factors that comprise the design and construction cost of a modern bridge. Before a bridge design is completed, engineers provide overall cost estimates for construction of the bridge. Students learn about the components that go into estimating the total cost, including expenses for site investigation, design, materials, equipment, labor and construction oversight, as well as the trade-off between a design and its cost.

"This free digital course teaches students about what sustainable investing is with a focus on responsible decision-making that aligns to personal values and how to leave a lasting social impact. Through an interactive learning experience, students describe the connection between financial decisions and sustainable impact and evaluate whether financial choices are potentially sustainable and impactful."

"IT’S NEVER TOO LATE TO START!
The financial education of our children should start early. CFEE's Talk With Our Kids About Money program provides teachers and parents with free tools and resources designed/geared to help them have relevant/age appropriate conversations about money."

You will need to register to use this resource, but it is free.