Financial Literacy 10 (2026 FINAL) | Saskatchewan Curriculum

Financial Literacy 10 (2026 FINAL)

Financial Literacy 10 (2026 FINAL) homepage Outcomes & Indicators Resources

FL10.1

FL10.2

FL10.3

FL10.4

FL10.5

FL10.6

FL10.7

FL10.8

FL10.9

FL10.10

FL10.11

FL10.7

Explain the principles of saving money and the importance of a savings mindset.

Indicators for this outcome

(a)	Discuss reasons for short and long-term saving of money.
(b)	Explain the relationship between saving and investing (e.g., interest rate, risk).
(c)	Explore savings philosophies such as: living within your means; instant versus delayed gratification; paying yourself first; 50 per cent needs/30 per cent wants/20 per cent savings; and, planning for “future me.”
(d)	Investigate different saving strategies, such as: lump sum; regular intervals; random contributions; pre-authorized; deposit only account; and, deductions at source.
(e)	Examine advantages and disadvantages associated with various saving strategies.
(f)	Explore types of high-interest and tax-saving accounts (e.g., high-interest savings account [HISA], Tax Free Savings Account [TFSA]).
(g)	Discuss the importance of including an emergency savings fund as part of a financial plan.