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A program of supported by our partners.


Making Money Decisions

Division III: Gr. 7-9

Money Decisions in Your Life

We will make tens of thousands of money decisions in our lifetime. There are small, everyday type decisions and some very big decisions. It is important to start early to help youth make wise money decisions and, if they are able, to also think about those less fortunate. It is important for youth to consider life goals – both those that can be impacted by money and those that are unrelated to money.

Please Note: Teaching Units provided are for support and consideration by teachers and are not prescriptive.

Learning Map and Supports for Instruction

The “Learning Map” identifies teaching opportunities in Alberta’s curriculum for each topic and you will find them as part of the Support Teaching Materials provided here. Teachers can, of course, integrate the target areas of financial knowledge, skills, attitudes, and behaviours anywhere they can find a fit. The Supports for Instruction provide videos, animations, and links to other resources to support teachers in their efforts to improve the financial literacy of their students.



  • What we can do with our money – spend, save, invest, donate
  • Common money decisions people make
  • Some major money decisions people face
  • Steps in making a good money decision
  • Money can help achieve some life goals – but not all


  • Maintain appreciation and respect for the value of money and not waste it
  • Assess how goods and services differ in value and cost – and why
  • Use money wisely to spend, save, invest, and help others
  • Use a decision-making process to make key decisions about money
  • Help others less fortunate how and when they can


  • Apply decision-making skills when making key money decisions
  • Consider the possible impact of their decisions on others and the environment
  • Think about the future consequences of decisions made today
  • Make saving a habit if they can
  • Consider needs of others as well as their own
  • Set goals and plan ways to achieve them