FINL5
Module 5: Net Worth (Core)
Outcome
Apply the concept of net worth to variousscenarios.
Indicators
(a) Differentiate between assets and liabilities.
(b) Differentiate between appreciating and depreciating assets.
(c) Determine the value of an asset at a specific time.
(d) Provide examples of assets and liabilities that determine personal or community net worth.
(e) Investigate how negative equity affects investing and net worth.
(f) Design scenarios that demonstrate the importance of net worth to an individual’s or community’s financial plan.
(g) Calculate personal or community net worth for various scenarios.
(h) Calculate net worth and determine its importance within an overall financial plan for a variety of scenarios.
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R009210
Personal Finance for Canadians(6th ed.)
This book encompasses many topics to assist with organizing finances. Topics include spending less, saving more, building wealth and protecting your wealth. It contains tips, facts and tables to further explain the concepts presented. There are also sections on financial goal setting, understanding investment and insurance choices, and selecting a financial planner. There is a table of contents and an index to help locate specific content.
Media and Formats : Book
Price : $19.99
Record posted/updated: February 8, 2022
R008607
Money and Finances
This Government of Canada website has current information on concepts related to financial literacy. There is a useful search menu to locate information on specific course topics. The content is written suitably for students and some topics include videos, tools and calculators, online courses and modules that may be useful for use in the classroom.
Media and Formats : Website
Price : Free
free
canadiancontent
Record posted/updated: February 8, 2022
R007161
Financial Empowerment: Personal Finance for Indigenous and Non-Indigenous People
This open access textbook provides personal finance instruction that incorporates information reflecting the varied backgrounds and situations of both Indigenous and non-Indigenous students. Topics covered include: personal financial planning, achieving financial goals, risk management and planning for the future. Links to video interviews with eight Elders are included with the resource. These powerful interviews provide an Indigenous perspective on finances, education and preparing for the future. The resource is available in a variety of downloadable formats and includes PowerPoint slides that enrich the content.
(More information)
Media and Formats : Document
Price : Free
free
canadiancontent
saskatchewancontent
fnmicontent
Record posted/updated: February 22, 2022
R008666
MyMoneyCoach
This free website is sponsored by the Credit Counselling Society in Canada. It offers articles and webinars on topics related to financial literacy. There is a downloadable teacher guide designed for middle years that can be adapted for the high school setting. Also included are calculators and tools to help with budgeting, calculating interest earnings, and determining financial requirements for post-secondary education, car loans, loans, mortgages and retirement. It also has an accelerated payment calculator.
(More information)
Media and Formats : Website
Price : Free
free
canadiancontent
Record posted/updated: February 8, 2022
R007555
Money and Youth: A Guide to Financial Literacy

This Canadian textbook supports the Financial Literacy curriculum and provides information at a suitable introductory level. The resource is organized under six headings for a total of 15 modules. The headings include: Goals, Values and Decision-making; Getting and Earning Money; Spending Money and Taking Control; Borrowing Money and Using Credit; Saving and Investing Money; and Protecting Assets and Planning for the Future.

The resource includes:

  • Student Guide, English or French, free online PDF version or hard copies can be ordered at a minimal fee
  • Teacher's Guide, English or French, free online version
 
(More information)
Media and Formats : Book Document
Price : Free PDF or print copies at a minimal fee.
Record posted/updated: October 2, 2024
R009186
Budgeting 101: From Getting Out of Debt and Tracking Expenses to Setting Financial Goals and Building Your Savings, Your Essential Guide to Budgeting
This resource provides practical ideas for creating a budget and designing a plan for financial security. Topics include: What a Budget Is (and Isn't), Setting Your Financial Goals, Take Charge of Debt and Budget Rebuilding Events.
Media and Formats : Book
Price : $21.99
Record posted/updated: March 21, 2022
R104137
Enriched Academy
This online portal with Canadian content is accessible through a paid subscription. It delivers a series of over 60 sequenced video lessons and more than 150 quizzes and assessments on topics related to financial literacy. It includes an interactive online platform, webinars, calculators and tools for students to use to learn more on topics such as credit, saving for retirement, the stock market, TFSA, RRSP and taxes, money myths and careers.
Media and Formats : Website
Price : Free
free
canadiancontent
Record posted/updated: February 8, 2022
R105125
Personal Finance(9th Canadian ed.)

This Canadian textbook is divided into five parts:

  • Planning Your Personal Finances
  • Managing Your Personal Finances
  • Insuring Your Assets
  • Investing Your Financial Resources
  • Controlling Your Financial Future

The resource contains case studies, concept checks, assignments and assessment examples.

There are four purchase options:

  • eBook
    • eBook only (online version of textbook)
  • Connect 
    • eBook, homework, adaptive assignments and study tools
  • Connect and print text
    • eBook, homework, adaptive assignments and study tools
    • printed textbook
  • Print text
    • printed textbook only
(More information)
Media and Formats : Book
Price : See website
canadiancontent
Record posted/updated: August 8, 2024