FINL10
Module 10: Maintaining Financial Records (Optional)
Outcome
Maintain accurate financial records.
Indicators
(a) Discuss the importance of maintaining accurate personal financial records.
(b) Complete a bank reconciliation form using a running balance and bank statement for various scenarios.
(c) Confirm the accuracy of a bank reconciliation using a bank statement and running balance.
(d) Compare how different methods of payment (e.g., debit card, credit card, mobile payment, cheque, online payment, electronic funds transfer and pre-authorized payment) affect the monitoring of one’s account balance.
(e) Track financial transactions for self or for given various scenarios while maintaining a running balance and monitoring the account balance to ensure sufficient funds are available for expenditures (e.g., savings contributions, credit card payments, pre-authorized payments and unanticipated expenses).
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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
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