Financial Literacy 20
The instructor for this course is MJ Sherven
First Offered in 2020
Developed by Reg Nakoneshny
Financial Literacy 20
Students make financial decisions every day. Every purchase they make and every dollar they save, are examples of financial decisions that affect their current, and future lives. Instilling students with foundational knowledge, and skills in financial literacy will help them approach basic and complex issues associated with financial decisions.
The purpose of Financial Literacy is to develop informed consumers with the habits, attitudes, and critical thinking skills necessary, to approach financial decisions with competence and confidence, both now and in their future lives.
The Areas of Focus for Financial Literacy are:
The curriculum and this course address financial issues and decisions, that students may already be facing. It also highlights other issues they are likely to face in the first few years beyond high school. In addition, it touches upon more complex issues such as home ownership, debt management, and retirement planning, which are part of a lifelong financial journey.
Course weighting (based on time allotment, assuming all modules are executed)
Module Titles – Assignments/Tasks/Quizzes/Exams
A – YOU
A2 – Assignment: What’s the plan?
A3 – Assignment: time and Money: Reaching your goals
A4 – Assignment: “Protect your identity” scavenger hunt
A5 – Assignment: On spot or not, assets and liabilities
A6 – Assignment: Budgeting 101 – How to get it done
A7 – Assignment When you grow up…
7 Journal entries on various module topics
Level A CHALLENGE (Review Quiz)
B - Financial Institutions
B3 – Assignment: History of chequing
B4 – Assignment 1: Tax definitions & case study
B4 – Assignment 2: The more you make, the more they take
B5 – Assignment: Ways to earn an income sheet
Level B CHALLENGE (Review Quiz)
C – Payday
C1 – Assignment 1: Pay slip dissection
C2 – Assignment 2: Pay slip research
C3 – Assignment 3.1: Money safety
C3 – Assignment 3.2: Calculate the tax
C4 – Assignment 3.5: Investing Tips & Tricks
Level C CHALLENGE (Review Quiz)
D – Borrowing
D1 – Assignment 4.1: Credit Crisis
D2 – Assignment 4.2: Credit Scores – Guided notes
D3 – Assignment 4.3: Approve or Deny?
D4 – Assignment 4.4: Credit Crossroads
Level D CHALLENGE (Review Quiz)
E – Contracts
E1 – Assignment 5.1: The real cost of ownership
F – Saving
F1 – Assignment 6.1: It’s Saving Time!
Level F CHALLENGE (Review Quiz)
G – Protecting
G1 – Assignment 7.1: Knowledge is Power