Grade 6

Grade 6 Ontario Mathematics Curriculum – Financial Literacy Expectation(s)

Money Concepts:

1.1 Students will describe the advantages and disadvantages of various methods of payment to purchase goods and services.

Financial Management:

1.2 Students will identify some financial goals around earnings and savings and develop a strategy to obtain them.

1.3 Students will identify and describe various factors that may help or prevent them from reaching their financial goals.

Consumer and Civic Awareness:

1.4 Students will explain what interest rates are in general and the types of interest rates and fees associated with different types of accounts and loans offered by different financial institutions.

1.5 Students will describe trading, lending, borrowing, and donating as it relates to how people or organizations exchange money.

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