Examine the influence that finances have on well-being.
| (a) | Explore ways to gather, interpret and utilize information to make responsible financial decisions. |
| (b) | Explore how financial security can have a positive influence on personal mental health and well-being. |
| (c) | Explore how accessing high-risk financial loans (e.g., payday loans, cash advances) can impact mental health. |
| (d) | Describe the financial pressures that may be created by accessing credit cards, credit lines and loans. |
| (e) | Explore the potentially addictive nature of spending and its connection to financial and mental wellness. |
| (f) | Investigate resources, services and programs (e.g., debt consolidation, financial advice, credit counselling, addictions counselling) to support and address financial challenges. |
Through an animated story, real-life interview and slides that present relevant facts, this 30-minute video explains the connection between mental health and personal finances.
Story summary:
Follow Maxine and her friends, Andrew and Yuvraj, as they discover how being cost-conscious and developing positive spending habits can be beneficial to one’s mental health.
Rather fortuitously, Maxine, who just that evening received a dreaded "insufficient funds" message while attempting to buy dinner for her friends, comes across and downloads a personal finance management app called "Blue Skies".
Our trio of characters then receive and learn from the actionable advice of our "real-world" host of the app and apply it to their everyday life in an animated world.
Video sections:
- 00:00 Introduction
- 01:56 Impact of finances
- 06:00 Finding help
- 12:46 Connection between finances and mental health
- 15:40 Responsible financial decisions
- 24:47 Budgeting
This website contains important information on the Canadian banking system.
Here are some examples:
- Banking basics focus sheets on various financial topics, including:
- Credit cards: Use and benefits
- Protection against fraud and scams
- Alternatives to payday loans
- Banking sector services for Indigenous Peoples
- Opening a bank account
- Representation of women at banks in Canada
- Your Money Students program:
- A free financial education seminar for Canadian high school students delivered in-class by bankers who volunteer their time in their communities.
- Lifestyle Reality Check: Interactive budgeting online app
- Canadian bank milestones: An infographic timeline of banking history in Canada
- Current Canadian banking statistics
SaskMoney is a website that has been created by the Saskatoon Industry Education Council (SIEC) to support Saskatchewan educators in implementing financial literacy curricula. The website provides a variety of activities and resources to increase students’ financial literacy skills.
The website includes:
- Online and printable teacher guides for Financial Literacy 10 outcomes and Financial Literacy 20, 30 modules that contain the following sections:
- Overview
- Suggested time
- Suggested activities
- Resources
- Assessment
- Student Sask Money Minute project overview
- Sask Money Minute videos on various subjects, including:
- Budgeting
- Saving
- Spending
- Borrowing
- Money Fair project overview