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

← FINL22C
FINL22E →
FINL22D
Module 22D: Obtaining and Maintaining Credit (Core)
Suggested Time: 7-10 hours
Level: Intermediate
Prerequisite: Module 22A
Outcome
Explore the process of obtaining credit including the role of down payments and credit calculations.
Indicators
(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.
← FINL22C
FINL22E →
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Resources
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)
Website
Media and Formats : Book Document
Price : Free PDF or print copies at a minimal fee.
canadiancontent
borrow_from_stf
Record posted/updated: August 9, 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.
Website
Media and Formats : Website
Price : unavailable
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)
McGraw Hill Website
Media and Formats : Book
Price : See website
canadiancontent
Record posted/updated: August 8, 2024