I have always used financial math as a real-life context to engage my students in learning concepts such as place value, proportional reasoning and exponential growth, so I am thrilled that the new BC math curriculum includes a component of financial literacy throughout the program.
Below, I have listed some of the financial literacy learning outcomes for middle- and high-school grades, and I have linked to posts on my blog with relevant activities and resources. This is a work-in-progress, so be sure to come back to this site ever so often to see what’s been added.
- making monetary calculations, including making change and decimal notation to 00 in real-life contexts and problem-based situations
- applying a variety of strategies, such as counting up, counting back, and decomposing, to calculate totals and make change
- making simple financial plans to meet a financial goal
- developing a budget that takes into account income and expenses
- informed decision making on saving and purchasing
- How many weeks of allowance will it take to buy a bicycle?
- financial percentage calculations
- sales tax, tips, discount, sale price
- coupons, proportions, unit price, products and services
- proportional reasoning strategies (e.g., unit rate, equivalent fractions given prices and quantities)
- banking, simple interest, savings, planned purchases
- creating a budget/plan to host a First Peoples event
- gross and net pay