EXPLORE - Financial Literacy in the Classroom
Why is financial literacy so important? Just like your physical and mental health, in today's complex world, having the knowledge and skills to make responsible economic and financial decisions with confidence can improve your financial stability and health at each stage of your life.
When it comes to financial literacy, Canadian students are among the best in the world according to a survey administered by the Organisation for Economic Cooperation and Development (OECD) in 2015. But there is still much work to be done and by choosing to engage with our activities and resources, you've taken a big step forward in expanding your knowledge and skills and building a stable and healthy financial future. Once you've finished exploring, test yourself using our themed quizzes (found under PRACTICE) to see what you've learned!
Looking for more challenge? Ask a teacher at your school about enrolling a club or class in the Financial Literacy Competition. The competition is open to Grade 9, 10 and 11 students and consists of 60 questions in 60 minutes, covering a variety of financial literacy topics. Thanks to financial support from Genworth Canada, students compete online from the comfort of their classroom and top performing students receive financial support for post-secondary studies. Learn more here.
Are there financial topics you'd like to explore? Please let me know by emailing firstname.lastname@example.org.
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.
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.