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InspireFinancialLearning.ca is an initiative of the Ontario Teachers' Federation to provide teachers with effective tools and strategies to help their students navigate the complex world of personal finances.

We welcome input at info@inspirefinanciallearning.ca.

Lesson Plan

Forever compounding

This lesson demonstrates various ways to incorporate financial literacy learning into the study of a novel, by asking the question, “Are any of the characters in a unique situation that would require a different approach to savings and investing in order to ensure their financial survival”?

Ontario Curriculum Based

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lesson plan

  • Grade Level: 10-12
  • Course(s)/Subject(s):

    ENG2D (Academic English)
    Similar expectations are in many of the senior courses too

  • Learning Goals:

    At the end of this lesson, students will:

    • identify vehicles for saving and investing
    • compare various savings and investment
    • vehicles by calculating simple and compound interest
    • differentiate between short-term and long-term savings and investments
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