# Financial Literacy Resources

This document, prepared by the Ontario Ministry of Education, compares in table form the key changes between the 2005 and the 2020 elementary mathematics curriculum.

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This curriculum policy replaces The Ontario Curriculum, Grades 1-8: Mathematics, 2005. Beginning in September 2020, all mathematics programs for Grades 1 to 8 will be based on the expectations outlined in this curriculum policy.

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In this hands-on lesson, students examine the attributes of coins, play games using attributes, create their own coins, and compare the attributes of Canadian coins with students' own imagined coins in so doing, they learn to recognize and describe coins by their attributes e.g., size, shape, colour, image, and texture as well as the value of Candian coins based on their attributes.

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In this lesson students will have to write unplugged codes using a sequence of actions on a 100's carpet or 10 x 10 grid to pick up enough coins that equal 75¢ to buy a marker.

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In this lesson, students will calculate amounts of up to $100 for recess equipment.

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In this lesson, students will find several ways to represent $ 200 in order to decide what currency they would like to receive from the city for their recycling materials.

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In this lesson students will have opportunities to estimate change using coins as well as debug code. It explores financial literacy as well as coding.

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In this lesson students work on rounding to the nearest 5 and 10 and make change for amounts under a dollar. It explores how pennies are used in cash and virtual transactions and provides an opportunity to discuss the role of the penny.The Mising Penny is the first of two lessons. The companion lesson, Making Change, is the second lesson in this duo. Making Change is found in the Coding lessons.

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Students will create a coding formula in Scratch to find the area of a rectangle so they can paint the walls of the classroom. This lesson addresses multiple expectations in Spatial Sense and Financial Literacy.

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Use estimation strategies and operations to determine the best price for bundled items by finding unit rate.

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Coding using Financial Literacy - In this lesson, students will understand how spreadsheet programs can be used to manage a budget, alter a sample spreadsheet to meet our own plans, and learn to design budgets and make choices based on changing situations (for example by differentiating between needs and wants).

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In this lesson, students will begin to think about budgets. Teachers can choose between 2 scenarios (raising money for a trip, or earning money from a job like babysitting) to explore. Students will consider why they may want to earn money, how they might earn it, and prioritize how it might be spent.

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In this lesson, students will code using Google Sheets or any spreadsheet program. Students will be creating a budget to help plan for a financial goal while considering earnings and expenses.

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In this lesson, students will be learning to compare different methods of payment--identifying advantages and disadvantages--and the best ways to use them. Students will also analyze and identify how interest rates are applied to various methods of payment in order to make the best financial decision possible when making a purchase.

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In this coding lesson using Scratch, students can create a calculator in which they can compare two different discount structures. Depending on the number of items bought, the calculator will be able to provide savings from either choosing a 20% discount, or a $ 20 discount. Students get to utilise conditions and operations blocs in this activity.

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In this lesson, students will learn about the value of creating a budget, different types of savings accounts and the implications interest rates can have on saving money. Following that, students will use money earned from a part-time job and saved over time to investigate various mobile phone plans to determine which one best suits their needs.

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In this lesson, student will investigate different aspects of how interest is calculated, charged and earned. Students will compare scenarios to understand the impact of interest.

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