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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

The Social Consequences of Renting vs Buying

Students will compare the social benefits and costs of buying versus renting a home and will describe the potential impacts of both choices on individuals and society.

  • Grade Level: 8
  • Course(s)/Subject(s):

    Geography

    Language

Lesson Plan

Space Force

Students will assess the value of Canada’s space program. They will compare and contrast this spending to other (federal) government expenses in a class debate.

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

    Science

    Mathematics

    Language

Lesson Plan

Closing the Gap – Shannen’s Dream

This lesson is designed to help students understand and assess the funding gap between reserve and off-reserve students in Ontario.

  • Grade Level: 5-6
  • Course(s)/Subject(s):

    Social Studies

    Language

    Mathematics

Lesson Plan

Restaurant Challenge

During this lesson, students will determine the costs needed to run a small business, a restaurant, and determine how many meals they will need to sell to earn a profit.

  • Grade Level: 7
  • Course(s)/Subject(s):

    Mathematics, grades 1­–8 (2005)
    Language Arts (2006)

Lesson Plan

Deserted!

In this lesson, students will think about their needs and wants and how they can change depending on circumstances. Students will also make the connection between their needs and wants and Maslow’s hierarchy of needs.

  • Grade Level: 4-8
  • Course(s)/Subject(s):

    Social studies
    Geography
    *Also applicable to Language

Lesson Plan

What influences our spending?

In this lesson, students will analyze factors that influence their product choices. Students are encouraged to discern messages used in various media texts by marketers to grab their attention.

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

    Language, grades 1–8 (2006)
    Mathematics, grades 1–8 (2005)

Lesson Plan

Tax the Rich? A Thought Experiment

Students explore opinions about taxation and distributive justice by participating in a thought experiment that involves examining two sides of the argument of taxing the rich based on
opposing readings.

  • Grade Level: 8
  • Course(s)/Subject(s):

    Language, grades 1–8 (2006)

Lesson Plan

Food banks

In this lesson, students compose a letter to the editor expressing ideas, concerns and opinions they have about food bank use in Canada.

  • Grade Level: 8
  • Course(s)/Subject(s):

    Language, grades 1–8 (2006)

Lesson Plan

If money grew on trees

In this lesson, students evaluate needs and wants by planning and organizing a multi-paragraph writing piece in response to the question: “What would you do if money grew on trees?”

  • Grade Level: 7
  • Course(s)/Subject(s):

    Language, grades 1–8 (2006)

Lesson Plan

Advertising: behind the image

Students analyze popular advertisements in order to see how the different forms of marketing can shape individual needs, wants, and purchasing decisions.

  • Grade Level: 7
  • Course(s)/Subject(s):

    Language, grades 1-8 (2006)

Lesson Plan

Two Cents – Money Wisdom

In this lesson, students assess and evaluate money advice from family members and experts in the community by conducting interviews about how different people earn, save and spend money.

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

    Language

Lesson Plan

The Money dilemma: a comic strip

What would you do if you found $10 on the ground? Students will explore a money dilemma by creating a comic strip illustrating the ethical decision.

  • Grade Level: 4-6
  • Course(s)/Subject(s):

    Language – Writing, Media Literacy
    The Arts – Visual Arts

Lesson Plan

Making Money!

Have you ever wondered how the designs for money come about? Students will explore the features of Canadian bills and coins and create their own play money.

  • Grade Level: 4
  • Course(s)/Subject(s):

    Language
    Math
    The Arts (Visual Arts)
    Social Studies

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