Course Configurations
| (a) | Explain how total debt service ratio (TDSR) impacts one’s access to credit. |
| (b) | Describe situations when a down payment for a purchase is required and when it is optional. |
| (c) | Justify the choice of making an optional down payment for variousscenarios. |
| (d) | Perform credit calculations (e.g., monthly payments, total interest andtime to pay balance in full) using various technologies including online tools. |
| (e) | Assess why various credit products have different interest rates. |
| (f) | Research the concept of right of offset and discuss ways to avoid an offset on one’s bank account. |
| (g) | Explain the 5 Cs (i.e., character, capacity, capital, collateral and conditions) of credit. |
| (h) | Discuss how creditors use the 5 Cs to determine one’s creditworthiness. |
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
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
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