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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

Not All Chocolate is Created Equal

In this lesson, students will learn how the concept of fair trade can sometimes lead to inequities that comparable to those associated with traditional trade.

  • Grade Level: 6
  • Course(s)/Subject(s):

    Introduction to Business (BBI1O/BBI2O)

    Exploring Family Studies (HIF1O/2O)

    Personal Life Management (HIP40)

Lesson Plan

Bitcoins 101: Introduction to Investing (Lesson 3 of 3)

This lesson explores other uses of Bitcoin, consolidates the learnings from previous lessons and helps students understand the concept of blockchain through an activity.

  • Grade Level: 9-12
  • Course(s)/Subject(s):

    BBI1O/BBI2O
    Introduction to Business

    MBF3C
    Foundations for College Mathematics

    GWL3O
    Designing Your Own Future

    GLS4O/GLE4O/GLE3O
    Advanced Learning Strategies: Skills for Success After Secondary School

Lesson Plan

Bitcoins 101: Introduction to Investing (Lesson 2 of 3)

Students will gain an understanding of what cryptocurrency is and its use as an investment option.

  • Grade Level: 9-12
  • Course(s)/Subject(s):

    BBI1O/BBI2O
    Introduction to Business

    MBF3C
    Foundations for College Mathematics

    GWL3O
    Designing Your Own Future

    GLS4O/GLE4O/GLE3O
    Advanced Learning Strategies: Skills for Success After Secondary School

Lesson Plan

Bitcoins 101: Introduction to Investing (Lesson 1 of 3)

Students will gain an understanding of how risk applies to investments and understand their own risk tolerance personality when it is applied to investments.

  • Grade Level: 9-12
  • Course(s)/Subject(s):

    BBI1O/BBI2O
    Introduction to Business

    MBF3C
    Foundations for College Mathematics

    GWL3O
    Designing Your Own Future

    GLS4O/GLE4O/GLE3O
    Advanced Learning Strategies: Skills for Success After Secondary School

Lesson Plan

What’s Your Score?

In this lesson, students will learn how to read and interpret a credit report and, in the process, they will develop an understanding of how their spending and use of credit/debt, affects their credit history.

  • Grade Level: 9-12
  • Course(s)/Subject(s):

    Introduction to Business (BBI1O/BBI2O)
    Exploring Family Studies (HIF1O/2O)
    Personal Life Management (HIP40)

Lesson Plan

Investing Basics

In these lessons, students will learn key financial terms and some basics rules to help them manage their money. Students will also learn investment vehicles and how to structure different types of investment portfolios.

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

    BBI1O/BBI2O – Introduction to Business
    MBF3C – Foundations for College Mathematics
    GWL3O – Designing Your Own Future
    GLS4O/GLE4O/GLE3O – Advanced Learning Strategies: Skills for Success After Secondary School
    CLE 3M – The Individual and the Economy

Lesson Plan

Urban planning and your finances

In this lesson, students have an opportunity to experience the effects of urban growth on their personal finances. The phenomena of urban sprawl, vehicle use, traffic congestion, and population density have distinct effects on personal finances. This lesson will serve as a bridge between urban geography and financial literacy.

  • Grade Level: 9-10
  • Course(s)/Subject(s):

    CGC1D – Issues in Canadian Geography
    CGC1P – Issues in Canadian Geography
    *Also applicable in Economics and Business.

Lesson Plan

What is credit?

In this lesson, students will investigate the various types of credit cards available and explore the pros and cons of buying on credit.

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

    BBI1O/2O – Introduction to Business
    HIP4O – Personal Life Management
    CIE3M – The Individual and the Economy

Lesson Plan

Saving vs. spending

In this lesson, students will explore the pros and cons of spending and saving, and the effect of interest on saving and borrowing. Class discussions cover the importance of starting early with retirement and other savings plans, the importance of an emergency fund, and how to apply the Rule of 72.

  • Grade Level: 11-12
  • Course(s)/Subject(s):

    HIP4O – Personal Life Management MCR3U – Functions
    CIE 3M – The Individual and the Economy

Lesson Plan

Setting priorities

In this lesson, students will brainstorm their expenses and categorize each as a need or a want. Using an example from current events, students will discuss the importance of setting spending priorities, and distinguishing between needs and wants to ensure financial security.

  • Grade Level: 9-12
  • Course(s)/Subject(s):

    HFL4E – Food and Healthy Living
    HIF1O/2O – Exploring Family Studies
    HIP4O – Personal Life Management
    CIE 3M – The Individual and the Economy

Lesson Plan

Cost of borrowing

In this lesson, students will learn how to read a credit card statement and the cost of using credit cards.

  • Grade Level: 9-12
  • Course(s)/Subject(s):

    BBI1O/2O – Business Studies
    HIF1O/2O – Exploring Family Studies
    HIP4O – Personal Life Management
    MEL3E – Mathematics for Work and Everyday Life
    CIE3M – The Individual and the Economy

Lesson Plan

Know your flow

In this lesson, students will identify and review their expenses and income and learn to create a budget.

  • Grade Level: 9-12
  • Course(s)/Subject(s):

    BBI1O/BBI2O – Introduction to Business
    HIF1O/2O – Exploring Family Studies
    HIP4O – Personal Life Management
    CIE 3M – The Individual and the Economy

Lesson Plan

Value of a loonie

In this lesson, students identify the factors that affect foreign exchange rates and learn how to optimize their personal buying power when exchanging money for travel.

  • Grade Level: 11-12
  • Course(s)/Subject(s):

    CGG3O – Travel and Tourism, A Regional Perspective
    BBB4M – International Business

Lesson Plan

Online scams and schemes

In this lesson, students will learn ways to avoid financial scams and schemes designed to defraud customers.

  • Grade Level: 9-12
  • Course(s)/Subject(s):

    ENG2P – English Applied
    BTT1O/BTT2O – Information Technology
    BBI1O/BBI2O – Introduction to Business

Lesson Plan

Price it right!

In this lesson, students learn how companies use skim and penetration pricing models to maximize sales and increase profit.

  • Grade Level: 9-10
  • Course(s)/Subject(s):

    BBI1O/BBI2O – Introduction to Business Studies

Lesson Plan

Bank ads

In this lesson, students describe the roles of various financial institutions by analyzing bank advertisements. Students will research and then create a media product for a particular financial product or service of their choice.

  • Grade Level: 9-11
  • Course(s)/Subject(s):

    English-Academic/Applied – ENG1P/ENG1D
    English University/College – ENG3U/3C  EMS3O
    Introduction to Business – BBI1O/BBI2O

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