Print Version (
615 KB)
Personal Finance focuses on developing fundamental financial literacy skills, including the value of money, basic economics, budgeting, saving, financial institution services, and investing. This is especially relevant to high school learners, since they are entering the workforce and are considering future purchases that require financial planning, such as buying a car, travelling, or pursuing post-secondary education. Since financial literacy is a life skill, this course is a good option for all learners.
The Guiding Principles for the Design of Learning Experiences and Assessment Practices provide guidance to all Manitoba educators as they design learning experiences and classroom assessments to strengthen, extend, and expand student learning. Planning with the learner, the context, and the curricula in mind creates opportunities for the co-construction of inclusive learning experiences and assessment practices where the diverse learning needs, abilities, and interests of each learner are met.
Assessment for and as learning involve learners in the process and support learner reflection; assessment of learning (commonly known as summative evaluation) measures final outcomes. All aspects, when done well, contribute to informed teaching and reliable judgment of learner progress.
The Guiding Principles for Evaluation and Reporting are currently still under development and not yet available. When completed, a notification will be added to the Manitoba Framework for Learning “What’s New?” page on the website.
GLO 1.1: Demonstrate critical, creative, and innovative thinking.
10.1.1.1 Formulate questions to generate new ideas.
10.1.1.2 Assess information and perspectives related to the thinking process.
10.1.1.3 Assess patterns and connections related to critical, creative, and innovative thinking.
GLO 2.1: Employ current and emerging technologies used in business and industry.
10.2.1.1 Evaluate appropriate current technologies for use in business and industry.
10.2.1.2 Utilize appropriate current technologies used in business and industry.
10.2.1.3 Identify and use technology for specific tasks to improve productivity and efficiency.
10.2.1.4 Assess the value of emerging trends in technology.
GLO 2.2: Demonstrate an awareness of digital footprints.
10.2.2.1 Analyze the impact of one’s own digital footprint.
GLO 3.1: Demonstrate business communication skills.
10.3.1.1 Define and use appropriate business language and terminology.
10.3.1.2 Demonstrate appropriate business etiquette and protocols.
10.3.1.3 Employ conflict resolution techniques.
10.3.1.4 Produce business documents.
10.3.1.5 Present information and ideas.
GLO 4.1: Demonstrate an understanding of ethical and legal standards
10.4.1.1 Differentiate between ethics and legal business practices.
10.4.1.2 Discuss ethical business strategies.
10.4.1.3 Discuss laws, codes, and regulations related to personal finance.
GLO 5.1: Identify historical influences as innovative sources for business.
10.5.1.1 Describe historical influences on the evolution of personal finance.
GLO 5.2: Analyze emerging trends in business.
10.5.2.1 Identify emerging trends in personal finance.
10.5.2.2 Analyze emerging trends in personal finance.
10.5.2.3 Predict future trends in personal finance.
GLO 6.1: Demonstrate an awareness of sustainability in business.
10.6.1.1 Demonstrate human sustainability practices while considering financial and environmental sustainability.
10.6.1.2 Demonstrate sustainable environmental practices while considering human and financial sustainability.
10.6.1.3 Demonstrate sustainable financial practices while considering human and environmental sustainability.
GLO 7.1: Demonstrate an understanding of the impact culture and diversity have on business.
10.7.1.1 Reflect on how culture impacts business decisions, which may include
10.7.1.2 Examine First Nations, Métis, and Inuit perspectives and how they relate to business.
GLO 8.1: Describe and demonstrate employability skills.
10.8.1.1 Demonstrate the ability to read and write text, use documents, work with numbers, communicate orally, use technology, learn continuously, and think critically.
10.8.1.2 Demonstrate positive attitude and behaviours, responsibility, adaptability, and safe work practices.
10.8.1.3 Demonstrate time management and punctuality.
10.8.1.4 Demonstrate the ability to work with others and participate in projects and tasks.
GLO 9.1: Explore education and career opportunities.
10.9.1.1 Explore education and career opportunities related to personal finance.
GLO 10.1: Analyze the role of business in society.
10.10.1.1 Analyze the role of personal finance.
GLO 11.1: Demonstrate an understanding of decision-making and goal setting.
10.11.1.1 Identify factors that influence decision-making, which may include
10.11.1.2 Employ a decision-making process.
10.11.1.3 Identify opportunity cost.
10.11.1.4 Identify short- and long-term goals related to financial well-being, which may include
GLO 11.2: Demonstrate an understanding of how the economy impacts personal finance.
10.11.2.1 Compare and contrast types of economic systems, which may include
10.11.2.2 Identify the sectors and their function in the economy, which may include
10.11.2.3 Identify factors that affect the economy, which may include
10.11.2.4 Identify the impact of each stage of the economic life cycle, which may include
10.11.2.5 Analyze how domestic and foreign economies affect financial decisions.
GLO 11.3: Develop an understanding of financial institutions.
10.11.3.1 Compare and contrast types of financial institutions, which may include
10.11.3.2 Compare and contrast account types, which may include
10.11.3.3 Identify the importance of monitoring bank account activities, which may include
10.11.3.4 Demonstrate an understanding of financial institution terms, which may include
10.11.3.5 Identify the risks of financial services, which may include
10.11.3.6 Demonstrate the ability to track all personal financial transactions (debit cards, credit cards, cheques, transfers).
10.11.3.7 Demonstrate the ability to reconcile personal financial records with a financial institution or a lender’s records.
GLO 11.4: Demonstrate an understanding of money management.
10.11.4.1 Identify needs and wants.
10.11.4.2 Identify ways to receive money, which may include
10.11.4.3 Calculate and explain ways to receive remuneration for employment, which may include
10.11.4.4 Calculate and explain remuneration terms, which may include
10.11.4.5 Compare and contrast personal expenses (fixed and variable) and savings.
10.11.4.6 Compare and contrast various forms of savings, which may include
10.11.4.7 Prepare and analyze a personal budget.
10.11.4.8 Develop a personal financial management philosophy, which may include
GLO 11.5: Demonstrate an understanding of debt and credit management.
10.11.5.1 Identify strategies to manage debt.
10.11.5.2 Identify advantages and disadvantages of using credit.
10.11.5.3 Identify means of obtaining credit, which may include
10.11.5.4 Identify lender’s and borrower’s rights and responsibilities related to credit.
10.11.5.5 Explain the value of a good credit rating.
10.11.5.6 Compare and contrast credit options and costs, which may include
10.11.5.7 Demonstrate the ability to interpret lending statements.
GLO 11.6: Demonstrate an understanding of the importance of safeguarding personal finances.
10.11.6.1 Research and identify strategies to prevent identity theft.
10.11.6.2 Research and identify strategies to prevent financial scams.
10.11.6.3 Research and demonstrate an understanding of security features of currency and counterfeit detection.
GLO 11.7: Demonstrate an understanding of saving and investing.
10.11.7.1 Compare and contrast saving and investing.
10.11.7.2 Compare and contrast types of saving and investing tools, which may include
10.11.7.3 Identify the costs associated with various forms of savings and investing tools.
10.11.7.4 Distinguish between assets that appreciate and those that depreciate in value, and their investment potential.
10.11.7.5 Analyze the relationship between risk and return.
10.11.7.6 Calculate simple and compound interest.
10.11.7.7 Identify factors that affect investment philosophies.
10.11.7.8 Develop a personal savings and/or investment plan to reach a savings goal.
GLO 11.8: Demonstrate an understanding of taxes and insurance.
10.11.8.1 Explain why Canadians pay taxes to various types of government.
10.11.8.2 Prepare a personal income tax return.
10.11.8.3 Understand the purpose of insurance.
10.11.8.4 Compare and contrast various types of insurance, which may include
GLO 11.9: Develop an understanding of consumer perspectives.
10.11.9.1 Develop an awareness of business strategies and how they affect one’s own consumer behaviour.
10.11.9.2 Identify additional costs associated with making purchases, which may include
10.11.9.3 Evaluate the advantages and disadvantages of purchasing options, which may include
10.11.9.4 Identify money-saving strategies, which may include
This course has no applicable learning outcomes for this ACE goal.
This course has no applicable learning outcomes for this ACE goal.
Curriculum Implementation Resources
Please note, this website is constantly evolving, so be sure to visit regularly to keep up to date with what's new in the Curriculum Implementation Resources section.
