Course Configurations
| (a) | Discuss the role of interest in borrowing and saving/investing. |
| (b) | Explain the variables of simple and compound interest, including time, interest rate and principal. |
| (c) | Compare the effect of compound and simple interest on short- and long-term savings. |
| (d) | Solve contextual problems that involve simple and compound interest. |
| (e) | Forecast results for a variety of scenarios involving simple and compound interest. |
| (f) | Compare how various online interest calculators can be used to calculate results for a variety of scenarios. |
| (g) | Identify how various cultures (e.g., Islamic) view the application of interest and how these worldviews affect financial decisions. |
This Canadian resource 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.
Topics covered:
- Goals, Values and Decision-making
- Getting and Earning Money
- Spending Money and Taking Control
- Borrowing Money and Using Credit
- Saving and Investing Money
- 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
The Indigenous Edition of Money and Youth builds on the original resource from the Canadian Foundation for Economic Education, CFEE. Damon Johnston, President of the Aboriginal Council of Winnipeg, provided guidance rooted in traditional teachings and the Seven Sacred Laws. Vanessa Everett, CEO of Economic Development with the Keewatin Tribal Council, adapted the original version by Gary Rabbior of CFEE. Input from respected individuals across Turtle Island also helped shape this edition.
Topics covered:
- Goals, Values and Decision-making
- Getting and Earning Money
- Spending Money and Taking Control
- Borrowing Money and Using Credit
- Saving and Investing Money
- Protecting Assets and Planning for the Future.
The resource includes:
- Student Guide, English, free online PDF version or hard copies can be ordered at a minimal fee
- Teacher's Guide, English, free online version