EDUCATORS - Financial Literacy in the Classroom

The Ministry of Education in Ontario defines financial literacy as "having the knowledge and skills needed to make responsible economic and financial decisions with competence and confidence".  Since financial topics impact many parts of our lives, there is opportunity to incorporate learning into a variety of courses and course activities.  In addition to the student directed resources and activities on our site (see EXPLORE and PRACTICE), we offer resources and activities to support your teaching activities.  

 

The resources provided include:

  • Workbook activities that can be used in the classroom to develop and practice budgeting skills while exploring topics like saving for post-secondary education and preparing for the uncertainties of every day life.  To complete these workbooks as a class or individually, print the pdf workbook and follow the step by step instructions provided. 
  • Additional teacher resources will be added in the future.  Check back again soon.

 

Co-curricular or Extra-curricular activity for students

  • Financial Literacy Competition - hosted twice per year in May and December

Have students looking for more of a challenge?  Consider registering your class or club in our Financial Literacy Competition.  The competition consists of 60 questions in 60 minutes and covers a variety of financial literacy topics. Thanks to financial support from Genworth Canada, students can compete online from the comfort of your classroom and top performing students receive financial support for post-secondary studies.  By registering your class or club, your students will not only be able to participate in the Competition, but they will also be able to access additional resources to help them prepare for the challenge.  Learn more here.

 

Are there other resources you'd like to see?  Please let me know by emailing saf-flc@uwaterloo.ca.  Thank you for partnering with us to prepare students for a healthy financial future.

 

Please note: The information and resources made available on this site are the property of the University of Waterloo and the School of Accounting and Finance.  The information and resources are provided for educational use only and are not to be copied, reproduced, or used for any other purpose without the express written consent of the University of Waterloo.

 

Activities

Workbooks

Your post-secondary education will be one of the biggest investments you'll make. Do you know how much it will cost? Personal budgeting is the one area of financial literacy that can never be emphasized enough, yet it is rarely practiced. This budget activity will have you explore your future education plans to help you understand what post-secondary education might cost, how you might finance this significant investment, and what you can start doing today to make your future plans a reality. Print the pdf workbook (double sided is recommended) and read the instructions on Page 1. When ready, turn to Page 2 to get started.

Five years after high school, what will you be doing? Will you be OK for money? Will you be happy? Personal budgeting is the one area of financial literacy that can never be emphasized enough, yet it is rarely practiced. Budgets are important at each stage of your life. This budget activity will help you explore your income and expenses in the early stages of your career, just 5 years after graduating from high school. You will experience how different life decisions affect your financial health and your happiness and you'll learn the importance of planning for life's unexpected events. Print the pdf workbook (double sided is recommended) and read the instructions on Page 1. When ready, turn to Page 2 to get started.