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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

Dollar Store Economics

Students will analyze and assess the value (cost and quality) of products purchased at a dollar/discount store compared to a specialty store.

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

    Mathematics

Lesson Plan

Are Cryptocurrencies a Valuable Currency for Everyday Use?

Students will learn about the definition of money, debate whether cryptocurrency is money, and try to make a judgment about whether or not it is a good investment.

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

    Language

Lesson Plan

Stock Market Madness

In this lesson, students will examine the returns of different savings styles, stocks in companies and regular bank accounts (or GICs), and determine which type of saving they prefer to use.

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

    Mathematics, grades 1–8 (2005)

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

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

All money present and accounted for!

In this lesson, students compare rates and calculate return on various investment vehicles. Students will develop skills with percentages and banking, as well as how to research.

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

    Mathematics, grades 1-8 (2005)

Lesson Plan

Personal budgeting 101

In this lesson, students learn the fundamentals of budgeting. Students track income and spending using a journal, design a simple budget, and apply a tool to save for the future.

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

    Mathematics, grades 1–8 (2005)

Lesson Plan

HST derby

This lesson introduces the concept of retail sales tax through a race called HST Derby. During the race, students cooperate in teams to calculate HST on a variety of purchases.

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

    Mathematics, grades 1–8 (2005)

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

Financial challenges facing Canadian workers

In this lesson, students will write and receive letters from Canadian workers in the 20th and 21st century to explore and compare financial challenges that workers experienced in these periods.

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

    Social Studies, grades 1 to 6
    History and Geography, grades 7 and 8 (2013)

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