Available as: In-Class Workshops, Lunch/After 4 Programs, Private Group Sessions
The course that turns learning basic financial literacy upside down – from boring and tedious, to fun and inspiring! Be warned, however, that this program will also turn your home life upside down – from “Mom, Dad, give me money,” to “Mom, Dad, give me money for my RESP!”
We have created an empowering financial literacy program that features interactive group activities, easy-to-understand visual presentations, a “net worth” tournament, and highly charged discussions. Major topics include:
DEBT: What is it? How does it all work? Who exactly do I owe money to?
Credit scores, credit cards, student loans, and payday loans are thoroughly examined.
SAVINGS: Why should I save? How much can I save if I start now? How do I save?
Chequing and savings accounts, bank fees, and the mindset of saving (and not wasting) are thoroughly covered.
We also look closely at what it really costs parents to keep their little darlings clothed, fed, and programmed for one year, as well as an outline of life’s big expenses, like education, real estate and retirement.
In an era filled with unrelenting consumer advertising, false images of financial success, and easily accessible credit, this course teaches students how to be financial leaders, not financial victims; to be true to who they are when they manage their finances; and to understand how their financial choices impact not only their own lives in the short and long term, but also the world around them.
How does this program connect to the school curriculum?
This program has many cross-curricular benefits that help buttress the existing Ontario curriculum. To keep this simple (and brief), we are listing some of the big ones in point form here to give a sense of how enriching this program is.
This program does not emphasize mathematical calculations, however, math still plays a large part, and students gain fluency and a comfort in working with percentages, with basic calculations, and with the consideration of the larger, “real” numbers that are involved in the costs of goods and services ranging from after school programs to real estate.
The student group activities, particularly the net worth tournament materials, require students to read, listen, consider, and comprehend, what are mostly new concepts, accompanied by the application of considerable vocabulary learned during every lesson.
The language benefits derived from this program cannot be understated.
One of the primary aims of the program is to encourage students to apply critical thinking practices around financial choices, media, and other real-life situations that they are likely to encounter or have encountered already.
Throughout the workshop there is a focus on values and character and how this connects to managing one’s finances. Identifying and reflecting on one’s values as a way to guide choices and take positive actions is an integral part of the workshop’s message.
Efforts are made throughout the program to encourage students to build dialogue with their family members. Opportunities are offered at many stages for interactions regarding those dialogues.
The primary learning skills evident throughout the workshop include Collaboration, Responsibility, and Self-Regulation. Opportunities exist for interest teachers to gain additional evidence for these in their students.
All workshops are highly differentiated, both by school demographic and by student grade. Additionally, within each lesson, instructors are trained to differentiate their instruction in terms of groups activities (e.g. through character scenarios) as well as through appropriate language and examples.
Students will be introduced to the use of Excel spreadsheets, and Smartboard technologies are used whenever possible in the classroom. Moreover, a number of technological enhancements are currently under development, including an interactive website to be used by students, and the use of tablets during lessons.