1. www.getsmarteraboutmoney.ca © Investor Education Fund, 2011 Financial Education Resources OTF Financial Literacy Workshops -- Secondary Christine Allum

2. © Investor Education Fund, 2011 Who we are? Non-profit organization created by the Ontario Securities Commission (OSC) Funded through OSC settlement monies Educational arm of the OSC Mandate to promote financial literacy Investor Education Fund (IEF)

3. © Investor Education Fund, 2011 IEF What we do? Help consumers make better informed decisions via www.GetSmarterAboutMoney.ca www.GetSmarterAboutMoney.ca Support (fund) community-based, non-profit organizations financial literacy initiatives Provide teachers with resources and training

4. © Investor Education Fund, 2011 IEF Research 2011 survey of 1,000 people answered questions related to investing borrowing and financial planning -- average score was 11.5 correct out of 23 questions (50%) People need to learn how to apply what they know to real life decisions. For instance, we found that in the context of choosing a mortgage, people were not able to apply their knowledge that borrowing for a longer time means you will pay more interest overall. People need to learn how to apply what they know to real life decisions People need to build their knowledge of investment risks and returns. People need to improve their knowledge of financial planning and setting goals. Those under age 35 need to learn about the tax rules for RRSPs. There are still people who are vulnerable to investment fraud.

5. © Investor Education Fund, 2011 IEF Research 2009 survey of 400 Ontario students 48% don’t believe that school is doing a good job in providing them with information to manage money 57% don’t know how to create a budget 62% don’t believe they make good spending decisions Top two sources students relied on for financial information – 50% web – 40% school

6. © Investor Education Fund, 2011 How we help Education program Teacher training Curriculum-based resources and tools – Taking Stock in Your Future Guides – Activity kits and lesson plans – Online tools and resources – Student assembly and competitions www.GetSmarterAboutMoney.ca

7. © Investor Education Fund, 2011 GetSmarterAboutMoney.ca, Education Programs, For Teachers Resources by Grades Curriculum tools Curriculum correlations http://www.getsmarteraboutmoney.ca/education- programs/for-teachers/curriculum-tools/Taking-stock-in-your- future/Pages/curriculum-correlations.aspxhttp://www.getsmarteraboutmoney.ca/education- programs/for-teachers/curriculum-tools/Taking-stock-in-your- future/Pages/curriculum-correlations.aspx

8. © Investor Education Fund, 2011 Funny Money for High Schools Funny Money High Schools Assembly – Available in French and English – Grade 11 and 12 students Funny Money Tool Kit Funny Money Animated Videos http://www.getsmarterwithfunnymoney.ca/

9. © Investor Education Fund, 2011 Globeclassroom.ca Lesson plans based on current affairs

10. © Investor Education Fund, 2011 Toronto Star teaching kits Free classroom set of newspapers for two weeks Free teaching kit 2010-11 Financial Intelligence Series 2009-10 All About Money 2008-09 Smart Money Management 2007-08 Smart Consumer Management

11. © Investor Education Fund, 2011 Money Apps – NEW program 2 hour presentation for graduating students piloted to 400 students 79% said the presentation increased their financial knowledge 77% would recommend the program Program materials will be available to schools who are interested in providing their students with this information powerpoint presentation plus student handout

12. © Investor Education Fund, 2011 Competitions and Awards – cash prizes Educator Award Leader in financial literacy Student competitions Lesson/assignment includes self-reflection – Saving and Investing Challenge (gr 9-10) – Financial Reality Check Award (gr 11-12) – Financial Securities Portfolio Competition (gr 11-12)

13. © Investor Education Fund, 2011 www.GetSmarterAboutMoney.ca Blog – School of Savings post-secondary students money stories during the school year and while working this summer Life Events Life After High School Getting an Education

14. © Investor Education Fund, 2011 Financial literacy across the curriculum SubjectExpectationIEF resource/program CivicsAnalyse contemporary crises or issues of international significance (financial impact of current events) Globeclassroom.ca - economy, careers, environment, money Canadian History Identify the contributions of selected Canadian entrepreneurs and Canadian owned-firms to the development of the Canadian economy (research, analysis, problem-solving, decision making skills) Taking Stock Intermediate – Activity 8 Canadian Entrepreneurs Internet Investigation MathExponential functions, quadratic equations, polynomial functions (compound interest, future and present value) Taking Stock Senior Guide - Module 2 activities

15. © Investor Education Fund, 2011 Financial literacy across the curriculum SubjectExpectation (Financial literacy correlation) Resource Guidance and Career Studies Prepare for transitions and change (research and project of a post- secondary program) Financial Reality Check Award Information and Communication & Technology Productivity software (use excel to create budget; develop a powerpoint presentation to illustrate financial terminology) Developing Financial Skills - Setting priorities, Distinguishing between wants and needs Family StudiesBecoming a responsible consumer; managing resources (manage debt and credit) Get it on Credit video

16. © Investor Education Fund, 2011 How to start/introduce financial literacy Are you Doing it Regularly (IEF video) http://www.getsmarteraboutmoney.ca/managing-your- money/planning/investing-basics/Pages/video-are-you-doing-it- regularly.aspx?group=Get smarter about money&page=1 How money savvy are you? (Fin. Skills Guide) http://www.getsmarteraboutmoney.ca/education-programs/for- teachers/curriculum-tools/financial-skills-guide/Documents/financial- skills-guide-self-assessment.pdf

17. © Investor Education Fund, 2011 Financial management activities Worksheet: Fin. Skills Guide -- Goal setting http://www.getsmarteraboutmoney.ca/education-programs/Documents/goal- setting-worksheet.pdf Interactive: Time is money (growing savings - compound interest and simple interest) http://www.getsmarteraboutmoney.ca/education-programs/for- teachers/multimedia- resources/Documents/timeIsMoney/timeIsMoneyMovie.swf Video: Get it on credit (real cost when buying on credit) http://www.getsmarteraboutmoney.ca/managing-your- money/planning/managing-debt/Pages/video-get-it-on- credit.aspx?group=Funny%20Money&page=1

18. © Investor Education Fund, 2011 Project based assignment Investment portfolio Investor – financial profile and goals (grades 9/10) Financial terms Budgeting and saving concepts Wealth building

19. © Investor Education Fund, 2011 Project based assignment Investment portfolio (grade 11/12) Stock market, investing Financial statements Economic climate and trends Ratios: Stock and company values

20. © Investor Education Fund, 2011 Find us You at youtube.com/InvestorEDFund at twitter.com/smarter_money GetSmarterAboutMoney.ca

21. © Investor Education Fund, 2011 Contact us Subscribe to IEF teacher e-newsletter http://www.getsmarteraboutmoney.ca/education_programs/for _teachers/professional_development/e_newsletter/TeacherN ewsletter.aspx Email: callum@investored.cacallum@investored.ca Tel: 416-593-2369