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These resources and tools will enrich your teaching and support your students in their learning of financial literacy concepts.
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The interactive learning tools (flash files) were developed in partnership with the University of Western Ontario.
Budgeting and saving:
- Penny saver – (Interactive) Make small adjustments in your spending and save easily.
- Saving and Budgeting – (Interactive) How do you build wealth? First, create a budget or plan for saving and spending, then set goals and analyze your spending.
- Spending habits quiz – (Interactive) Offers tips and advice on how to curb habits that might be limiting a sense of financial security.
- History of Money – (Interactive) Tour the world to learn about the development of money
- Sales and Discounts – (Interactive) Learn how sales and discounts can help you save money and practice shopping within a budget.
- Taxes and Tips – (Interactive) Learn about taxes and tips and practice calculations.
- Saving for an emergency – (Video) Having enough cash on hand to cover emergencies like fender benders, unexpected repairs, replacement of lost or stolen items can save you money. Putting these emergency purchases on credit will cost you more in the long run if you don't pay them off right away because of high interest rates. Having money put away can really save the day.
- Track your spending: Track-o-matic – (Video) Find out where you may be wasting your money and how you can save more by cutting out costs such as coffee and take-out.
- What's your budget? – (Worksheet) Use this worksheet to create a budget that will help you manage your money.
- Goal setting – (Worksheet) Set personal, academic, and financial goals for the short- and long-term.
- Money matters self-assessment – (Worksheet) How much do you know about money and managing money?
- Thinking about your Money – (Worksheet) Are you on the right track to reach your goals?
- Cash flow – (Spreadsheet) How much money do you have coming in and going out on a monthly basis?
Career planning:
- Career paths – (Interactive) Explore various career paths including educational requirements and potential earnings.
- University Cost and Debt Calculator – (Calculator) This tool outlines the costs associated with tuition, room and board, books and more. It also provides an idea of what it takes to pay for this education whether through part-time employment, bursaries or scholarships, or cutting back on budgets.
Compound interest and accumulated value:
Credit and debt:
- Credit Scores – (Interactive) Shop, shop, shop and find out what the bill on your credit card looks like.
- Exploring Cheques – (Interactive) Identify the features in a cheque and the role financial institutions play in the transference of funds.
- Get it on credit – (Video) This funny money video teaches you what you need to know about credit cards. It is a great way to spend 3 minutes being entertained while learning about credit cards, payment terms, compound interest and credit scores.
- How long will it take to pay off credit cards or other loans? – (Calculator) Calculate the best way to pay off each of your debts, and how long it will take.
- When will I be able to pay back my student loan? – (Calculator) Compare your loan options, and determine how best to pay back your student debt.
- Graduating with honors and debt – (Video) This video is a funny short highlighting the importance of planning for education and having a plan to pay off debt once you graduate.
Investing:
Frauds and scams:
- How vulnerable are you to fraud quiz? – (Quiz) Discover how and why investment frauds are more prevalent than ever before, and what you can do to limit your chances of being taken advantage of.
- Boiler Room Scam – (Interactive) Learn how to spot a scam artist. Listen to a record phone conversation between an unethical broker and his unsuspecting client.
- FRAUD Bingo – (Interactive) Play Bingo and answer the questions to see if you can spot a fraud.
- Fraud Bingo -
preview instructions and sample Fraud cards. Contact us for a complete set of the game (includes 30 Fraud cards).
Websites with financial literacy resources:
Online simulations and classroom-based competitions: