Financial Literacy 20, 30
Financial Literacy 20, 30 homepage Outcomes & Indicators Resources

Course Configurations

Financial Literacy 20

Financial Literacy 30

Suggested Modules for Middle-Level PAA Survey Courses

← FINL18
FINL21 →
FINL19
Module 19: Retirement Planning (Optional)
Suggested Time: 5-7 hours
Level: Intermediate
Prerequisite: Module 6B and 15C
Outcome
Assess the value of retirement planning as part of a personal financial plan.
Indicators
(a) Investigate different types of pension plans (e.g., Canada Pension Plan (CPP), Old Age Security (OAS) program, Saskatchewan Pension Plan (SPP), group and private).
(b) Discuss the risks and rewards associated with various types of pension plans.
(c) Research approaches for investing in pension funds commonly used at different life stages (i.e., adolescence, early adulthood, middle adulthood and later adulthood).
(d) Explain processes for contributing to a variety of pension plans.
(e) Compare the features of “defined contribution,” “defined benefit” and “target benefit” pension plans.
(f) Identify and verify CPP and other pension deductions and contributions on a variety of pay stubs.
(g) Discuss the role of a Registered Retirement Savings Plan (RRSP) in contributing to one’s retirement income.
(h) Discuss the role of a Tax-Free Savings Account (TFSA) in retirement planning.
(i) Explore how various perspectives (e.g., cultural, religious and community) affect one’s retirement planning.
(j) Discuss the future of pension plans and the resulting impact on retirement planning given factors such as people living longer, increasing health costs and the sustainability of pension plans such as CPP.
(k) Compare potential earnings on retirement funds when one starts saving for retirement at varying ages (e.g., 20, 30, 45 and 50).
(l) Debate the question, ‘Should I be debt free when I retire?’
(m) Design a spending plan that includes planned retirement savings or investments.
← FINL18
FINL21 →
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Resources
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
canadiancontent
borrow_from_stf
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)
Links :
Click here: Money and Youth, Website
Media and Formats : Book Document
Price : Free PDF or print copies at a minimal fee.
canadiancontent
borrow_from_stf
Record posted/updated: October 2, 2024
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.
Links :
Website
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)
Links :
McGraw Hill Website
Media and Formats : Book
Price : See website
canadiancontent
Record posted/updated: August 8, 2024