Financial Literacy 20, 30
Course Configurations
FINL7A
Module 7A: Financial Institutions - Exploration (Core)
Outcome
Examine basic services typically provided by financial institutions for accessing and managing personal finances.
Indicators
| (a) | Identify various types of financial institutions (e.g., virtual banks, bricks-and-mortar banks, credit unions, alternative lenders, international banks, insurance companies, mortgage companies and securities dealers and advisors). |
| (b) | Identify First Nations financial institutions (e.g., First Nations Bank of Canada and Indigenous credit unions) and others (e.g., Habib Canadian Bank and Bank of China--Canada) responsive to various cultures in Canada. |
| (c) | Research common financial services or products such as chequing and savings accounts, debit and credit cards, telephone banking, mobile banking, online banking and automated teller machine (ATM) banking. |
| (d) | Identify fees commonly associated with various financial services. |
| (e) | Discuss reasons why consumers are often skeptical of financial institutions’ practices and fees. |
| (f) | Explore ways to minimize financial service fees. |
| (g) | Describe the process and requirements, including personal identification required, for applying for an account at a financial institution. |
| (h) | Identify commonly used terms (e.g., service charges, interest rates, deposits, withdrawals and overdrafts) within the financial services industry. |
| (i) | Investigate how financial institutions make money, including the rate differential between lending and deposit rates. |
| (j) | Research the prevalence of payday lenders and cheque cashing centres in Saskatchewan, the services they provide and the fees typically associated with those services. |
| (k) | Discuss the advantages and disadvantages of accessing the services of payday lenders and cheque cashing centres. |
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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
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
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
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:
August 9, 2024
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
Record posted/updated:
August 8, 2024