Your and Your Money

The meaning of money

How money is used in our society

Earnings

Identify sources of income and ways to earn money.

Money and Banking

Roles banks play in managing your money

Value

Value of money, spending and best returns

Earning Power

How education, skills, career choices influence income

Paycheques

Take home pay, taxes and deductions.

Bank Products and Services

Introduction to products and services offered.

Savings and Chequing Accounts

Savings

Saving means putting money aside for a future use.

Savings withdrawal

Making a withdrawal and the effects

Writing a cheque

How to write a cheque properly,

Chequing accounts

Chequing accounts help to manage your money

Balancing a bank account

Reconciling bank accounts and why

Online Banking

The features and benefits of banking online.

ATM's, Debit Cards and Online banking

Three forms of electronic money management.

Keeping track of your accounts

Keeping careful records of deposits and withdrawals

Budgeting

Needs vs Wants

Discuss choices made when spending money

Budgets

Personal plans for spending and saving income

Understanding and creating budgets

Identify fixed, flexible and discretionary expenses.

Using a budget

Applying budgets to make sound financial decisions.

Budget basics

Apply the basics of budgeting

Value

Make purchasing choices based on perceived value.

Exploring sample budgets

Students explore and analyze several sample budgets

Creating a personal budget

Students their own personal budgets

Using a personal budget

Students investigate ways to stay within their budgets.

Credit and You

Credit

What is means to buy something on credit

Interest

The effect of buying on credit

Credit and Credit Cards

Purchasing with credit cards and paying over time.

Loans

Distinguish between loans & buying over time with credit

Introduction to credit

Concepts, how to establish, & responsibility with credit.

Credit cards and loans

Distinguish between credit cards & loans. Interest calculations.

The total cost of credit

Explore the costs associated with borrowing money.

Maintaining good credit

Consider "good credit" vs "bad credit". Credit reports.

Introduction to Investing

Students define the meaning of investing.

Registered Retirement Savings Plan (RRSP)

Explore personal retirement accounts. Compare risks & returns.

Other investments

Investigate stocks, bonds, real estate, and mutual funds

Smart Investing

What is Credit?

Ways to establish credit. Explore interest rates & borrowing.

Establishing good credit

Concepts, how to establish, & responsibility with credit.

The three C's of credit

Examine three factors to lending (Character, capital and capacity)

Credit reports

What a credit report is, how to request one, how to read it.

Loans

Explore the basics of personal loans

Credit Cards

Investigate credit cards, how to use them wisely and safely.

Planning Your Future

Financial planning and saving

Your financial future - Complete a financial planning worksheet.

Investing

Investment options - stocks, bonds, mutual funds & retirement plans.