The document discusses strategies for teaching financial literacy. It defines financial literacy and explains why it is important to improve both individuals and the economy. Some key strategies suggested include incorporating basic economic and budgeting concepts across various lessons, using stories, games and activities to engage students, and finding online resources to supplement teaching. The goal is to start students thinking about financial matters in brief moments throughout school to build their skills and confidence in personal financial management.

1. FINANCIAL LITERACY
STRATEGIES FOR SUCCESS
By Jeff Balch and Dan Pasic
OBEA Conference – Spring 2013

3. We Want to Know What You Think?
Pollev.com/balch

4. Talk to Us
.Don’t understand what we are saying, (most
don’t)
..have a question (yes we were born this
beautiful) or
… have a point to say – use the back channel to
let us know
http://todaysmeet.com/obea

5. What do the big muckie mucks say?
(or even the small muckie mucks)

6. Financial Literacy
…having the knowledge to
understand personal and broader
financial matters, skills to apply that knowledge
and understanding to everyday life, and the
confidence to use the skills and knowledge to
make responsible financial decisions that are
appropriate to the individual’s situation.
- National Task Force on Financial Literacy, 2009

7. Financial Literacy
 "Ontario students will have the skills
and knowledge to take responsibility
for managing their personal
financial well-being with confidence,
competence, and a compassionate
awareness of the world around
them.“
 A Sound Investment: Financial Literacy Education in
Ontario Schools, 2010

8. Why do Financial Literacy?
 Improve economy
 Improve individual

10. What do we do?
 Basic economics?
 Budgeting?
 Investing/Borrowing (time value of $)

11. So that sounds good but…
 When do I have time to do it?

12. Anytime
 A big misconception is that teaching financial
literacy requires you to do formal lessons
 Instead, think that your role is just to initiate
…to prime… to have them think…
 Full lessons are great but not necessary, you
may only have be a few moments a day or
week
 The focus is tie all lessons to Financial Literacy
regardless of course.

14. So how do we get the message across
 Stories (read and reflect, case study or
reader’s theatre)
 Teacher led lessons
 Workbooks
 Video (let’s watch and discuss)

16. Have you thought about trying this
 Online games and quizzes
 Activities
 Group games (Time to Do – Brief Sample)
 Economic Game
 This or That
 Post-it, Pile-it

17. Activities and Stories
 Makes the concept stick

18. Looking for some Resources
 http://www.fcac-acfc.gc.ca
 http://www.getsmarteraboutmoney.ca
 http://www.canlearn.ca
 http://www.edugains.ca/newsite/financialLi
teracy/index.html
 http://www.moneyville.ca/

19. Questions