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Financial Literacy
Commerce or Business, Indigenous Ways of Knowing & Being

Youth (up to age 30)
Professional Development/Continuing Education, 11, 12

Acknowledgement Protocol

Please read this Acknowledgement before the start of this lesson to respect the knowledge that is being shared and the Land of the People where the knowledge originates:

Note: As long as the 'Acknowledgement Protocol' is followed to honour the Land and the People where a lesson plan originates, lesson plans appearing on NCCIE.CA may be adapted to different places and different ages of learners. What is the Land Acknowledgement where you live?   Read More


Name Role/Job Title Place
Andrew Proulx-Courchene
Ariel Bruce
Brittany Laplante
Calandra Necan
Colleen Simard
Dawnis Kennedy
Jackie Hope
Jocelyn Friesen
Justin Morriseau
Liam Keep
Lisa Forbes
Liz Esquega
Millie Acuna
Raoul Bittern-Stevenson
Shaylynn Tobacco
Pam Krasniuk
Richard Stecenko

Learning Outcomes

Upon successful completion of this lesson plan, students will be able to:

Chapter 1. Assess strengths and challenges of their community. Understand the 11 Community Economic Development Principles. Understand how money flows in and out of the community’s economy.

Chapter 2. Define assets and name different kinds of assets. Identify how personal strengths can solve problems. Set goals for building assets important to them.

Chapter 3. Apply the long/medium/short term technique to set goals. Identify solutions and resources for solving saving and overspending challenges. Improve ability to reach a goal using the SMART method.

Chapter 4. Identify the difference between a need and a want. Identify what influences our spending habits. Identify some of the way’s advertisers attract customers. Explain the concept of simple living.

Chapter 5. Identify the different ways money enters and leaves a household. Understand the differences between liabilities, assets, and expenses. Calculate net worth. Define record-keeping and identify some pros and cons of the different methods of record keeping. Begin a record of their household income and expenses

Chapter 6. Describe the types of information contained within a budget. Describe fixed, variable, and irregular expenses. Utilize record keeping to build a budget and save for future goals. Develop plans to make a budget realistic and achievable.

Chapter 7. Identify what financial services they need. Choose a financial service provider to meet these needs. Identify pros and cons of the different methods of accessing money. Identify the differences between banks and credit unions. Identify scams and protect their financial information.

Chapter 8. Identify the different forms of credit. Identify what lenders consider when reviewing an application for credit (5 C’s of credit). Identify some of the different methods of utilizing credit and explain some pros and cons for each. IE: lease, loan, mortgage. Explain the difference between simple and compound interest. Identify the two credit bureaus in Canada and describe some of the information that can be found on a credit report. Describe what credit scores and ratings are and mean.

Teachers' Guide


Title Type
Facilitator Manual File
Participant Workbook-Money Management File

Related resources on NCCIE.ca

Title Type
Money Stories with Millie Acuna, SEED Winnipeg Inc. Link
Money Stories with Raoul Bittern-Stevenson, SEED Winnipeg Inc. Link
EmpoweringU: Your Finances. Your Future. Link
EmpoweringU: Financial Wellness Program Link
Teaching financial literacy with traditional knowledge at SEED Winnipeg Link
Video: Money Stories Link

Holism and All Our Relations

This lesson plan has been developed with an Indigenous lens that is holistic in nature, a way of being and knowing that acknowledges our relationships with 'all our relations', including plants and animals, other human beings, the water, land, wind, sun, moon, stars, and more - everything seen and unseen. With 'all our relations' in mind, this lesson plan has been developed with a focus on:

Ethics in the classroom: care, truthfulness and trust, respect, integrity
Different learning styles; attention given to mind, body, and spirit
Healthy relationships in school and community
Connections with everyday life
Participatory and experiential learning activities
Healthy relationship with self and identity
Personal reflection time (connecting with thoughts and feelings)

Lesson Plan Length

Estimated Length (hh:mm): 12:00
(includes time for instruction, activities, self-reflection, and assessment, if applicable)

Other Details

Meets curriculum expectations or outcomes for: Manitoba

Lesson Plan Topics


Please contact SEED Winnipeg Inc.  for more information.