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# Financial Literacy unit (F1) - Grade 8 Math - 2020 Ontario Curriculum

8th, Homeschool
Subjects
Resource Type
Formats Included
• PDF
Pages
100 pages
The Teacher-Author indicated this resource includes assets from Google Workspace (e.g. docs, slides, etc.).

### Description

This middle school math unit covers the Financial Literacy strand of the GRADE 8 Ontario math curriculum. Lessons, activities, and assessments cover creating a budget, compound and simple interest, comparing credit cards and consumer contracts, and determining which products offer the best value.

It contains activities that require students to use and develop their Knowledge, Application, Thinking, and Communication skills in a way that will prepare them for success in grade 9.

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We have created lessons which correspond to each of the expectations of the Ontario curriculum. All lessons follow a 3-part format including expectations, learning goals, examples, minds on activities, action activities, extension/discussion activities, and consolidation activities. In some instances, there are two lessons to cover an expectation because of the depth and/or difficulty. I would suggest you move on at pace appropriate for your students.

• Review Lesson: Calculating costs including sales tax
• Lesson 1: Comparing different payment methods
• Lesson 2: Planning for long-term financial goals
• Lesson 3: Balancing a budget
• Lesson 4: Simple and compound interest
• Lesson 5: Helping consumers get more value
• Lesson 6: Comparing credit cards and consumer contracts

I project these in my classroom for students to see. It reduces photocopies and makes life much easier because setup is done in advance.

STATIONS (CENTRES)

Give your students to work on the material in a different way. I use this an opportunity to spend some time with GUIDED GROUPS (Questions included) for the first half of the period and monitor/assess during the second half of the period. If you have a challenging class, this can a difficult routine to establish, but well worth the effort!

• Ordering lunch (sales tax and tip)
• Daily expenses (budget)

GROUP ACTIVITIES

• Bingo
• SWAT!

CULMINATING ACTIVITY

• The assignment requires students to examine bank account, credit card, and mortgage options. They are encouraged to shares the pros and cons of at least 3 options and determine which would be the 'best fit'.

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Total Pages
100 pages
Included
Teaching Duration
2 Weeks
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