Financial literacy is an important topic for any age, and Spaces offers many opportunities to help develop and document concepts related to financial literacy. The following lesson plans have been designed to assist educators to teach students about money and financial decision-making.
Kindergarten: Identifying Coins
This lesson introduces students to the different Canadian coins, asking them to reflect on where they see coins in their lives and practice identifying coins through patterning.
Grade 1: Grocery Shopping Role Play
In this lesson, students will explore financial literacy concepts such as creating a budget and responsible purchasing through the creation of a healthy grocery shopping list.
Grade 2: Needs Versus Wants
In this lesson, students will learn about financial literacy and spending wisely by classifying everyday items as either ‘needs’ or ‘wants.’
Grade 3: Planning a Purchase
This lesson plan helps students develop problem-solving skills and their understanding of money by analyzing what it might cost to purchase and care for a pet.
Grade 4: Distribution of Wealth in Medieval Europe
This lesson introduces students to the distribution of wealth and privilege in society through the example of medieval Western Europe. Students explore financial literacy concepts through historical role-playing.
Grade 5: Consumer Awareness and Healthy Choices
This lesson introduces students to financial literacy concepts such as creating a budget and responsible purchasing through the creation of a healthy grocery shopping list.
Grade 6: Saving Energy
By exploring the cost of lighting their classroom in this lesson, students will build an understanding of the hidden costs of everyday energy use, and students will gain a deeper understanding of managing finances in the real world.