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1 Financial Literacy October 2011. Financial Literacy NOVEMBER IS FINANCIAL LITERACY MONTH Activities and events that highlight the need for increased

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    Financial Literacy October 2011

  • Financial LiteracyNOVEMBER IS FINANCIAL LITERACY MONTH

    Activities and events that highlight the need for increased financial literacy in Canada

    Programs, services and tools that help Canadians improve their knowledge, skills and confidence in making the best financial choices for themselves.

  • Surveys indicate that the level of financial literacy among youth is low

    Students said they would welcome and benefit from more education in this area

    A Sound Investment (2010)National Survey - Ontario Association for Credit Counselling Services (2008)

    Financial Literacy

  • Financial Literacy2009 Financial Literacy for Canadians

    2010 A Sound Investment Financial Literacy in Ontario Schools: Report

  • Financial LiteracyVISIONOntario students will have the skills and knowledge to take responsibility for managing their personal financial well-being with confidence, competence and a compassionate awareness of the world around them.

    A Sound Investment: Financial Literacy Education in Ontario Schools, 2010

  • Financial LiteracyWorking Definition: What is Financial Literacy? Financial literacy may be defined as having the knowledge and skills needed to make responsible economic and financial decisions with competence and confidence

    A Sound Investment: Financial Literacy Education in Ontario Schools, 2010

  • Topics:understanding needs and wants;consumer protection and consumer awareness; personal financial planning such as budgeting, saving and investing;social, ethical and environmental implications of financial decisions;active citizenship;understanding the economy;planning for the future.

    Financial Literacy

  • Financial LiteracyFour main areas:

    Personal Finance

    Consumer awareness /protection

    Economic Connections

    Civic Mindedness

  • Financial Literacy: Scope and Sequence of Expectations

    2 documents:

    Elementary: Grades 4 - 8

    Secondary:Grades 9 - 12

    Financial Literacy

  • Financial Literacy

  • Financial Literacy

  • 2011 2012 Awareness year

    Cross curricular approach: Highlighting

    Use as a planning tool

    Identifies where there are explicit expectations and where there are connections

    As each curriculum document is revised, more explicit expectations will be included

    Financial Literacy

  • Curriculum Support:Library Learning Resources reference list for professional development; junior sessionsMinistrys Edugains videos and lessonsSubject Association writing projectsOntario Teachers Federation lessonsInvestor Education Fund resources aligned with Ontario curriculumBank of Canadas Counterfeit Detection Kit

    What Have We Been DoingFinancial Literacy

  • Professional DevelopmentPilot groups involved in flymposiaTeachers trained in The CityResource sharing Scope and Sequence document information sessions (elementary and secondary)Demonstration Classrooms

    What Have We Been DoingFinancial Literacy

  • Special Events

    Funny Money: Over 10,000 senior students have participated

    Moneyapps: new 2011: over 400 graduating students

    Financial LiteracyWhat Have We Been Doing

  • Financial Literacy in the ClassroomsGet Involved: a fundraising challenge (6-8)Saving and Investment Challenge (9-10)Financial Reality Check (11-12)Banking on Knowledge Grant Program 110 schools have benefitted

    What Have We Been DoingFinancial Literacy

  • Financial Literacy

  • Financial Literacy

  • Financial Literacy

  • Financial Literacy

  • Why?

    Building financial literacy into all subject areas is key to developing good citizenship, independence and critical consumerism.

    Teaching & Learning, October 2011

    Financial Literacy

  • Financial LiteracyHow?

    Purposeful planning to reveal the explicit and implicit connections to financial topics or issues in all subject areas and disciplines.

    Teaching and Learning, October 2011

  • Financial LiteracySteps to AwarenessFinancial Literacy Month

    A Sound Investment

    Scope and Sequence

    Banking on Knowledge Grants

    www.edugains.ca

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