DWS Student Portfolio

JA Canada

A Member of JA Worldwide

Preparation Portfolio

Table of Contents

LESSON 1 – MONEY MAKES THE WORLD GO ROUND

Money Management Self-Profile . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Whose Currency Is It?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Exploring Different Methods of Payment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Avatar Challenge 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
What Did I Learn? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Inflation Activity. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

LESSON 2 – SMART SHOPPING IN AN ONLINE WORLD

Why Do We Buy the Things We Buy?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Extra Clues for SMART. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
What Did I Learn? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Make SMART Consumer Decisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

LESSON 3 – SPENDING, SAVING, AND SHARING

Needs, Wants, and Goals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
A Project Budget. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
A Four Week Budget . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Tips for Budgeting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
What Did I Learn? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

LESSON 4 – MAKE YOUR MONEY WORK

Investment Vehicle Fact Sheet. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Company Annual Reports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Stock Exchange Score Sheet.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
What Did I Learn? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28

Any text of this publication, or any part thereof, may not be reproduced or transmitted in any form or by any means, electronic or
mechanical, including photocopying, recording, storing in an information retrieval system, or otherwise, except in the course of
conducting a registered Junior Achievement of Canada class or with the permission of the publisher.
Dollars with Sense – Preparation Portfolio V7-2016
Copyright © 2016 JA Canada™

DOLLARS WITH SENSE

Welcome to Dollars with Sense!

We want to help you understand the importance of setting goals, effective planning, and making wise choices.
By being prepared, you can fulfill your dreams and be successful in life.
Junior Achievement created the Dollars with Sense program. The volunteers with you today have experience in
business and money management. They are eager to share their ideas with you and answer any questions you
may have.
Get the most out of what this program has to offer…ask questions, share stories, have fun!
We wish you success as you plan for YOUR FINANCIAL FUTURE!
Your friends from Junior Achievement of Canada™

Junior Achievement Canada™
Stephen Lippa, Vice-President, Education & Digital Strategy
Andre Gallant, M.Ed., National Program Manager
Safia Dakri, Director, Royden Richardson Virtual School
Nataleigh Ballantyne, Youth Engagement Manager
Curriculum Consultant
Deborah Homuth, M.Ed., Director, H2 Learning Consultants
Program Reviewers
Karen Chafe, JA London & District
Amy Hudson, JA British Columbia
Laura Kaun, JA Waterloo Region
Sarah Porter, JA Nova Scotia
Karen Vavrek, JA Southern Alberta
Barbara White, JA Peterborough Lakeland Muskoka
Graphic Designer
Juni Xu
Laurissa Barnes-Roberts, JA Canada

PREPARATION PORTFOLIO 11

LESSON 1

Money Makes the World Go Round

Money Management Self-Profile

We all use our money in different ways that reflect our values and priorities. Regardless of our financial
personalities, what we decide to do with our money today will impact our lives tomorrow. That’s why
taking control of your money right now is the first step towards a secure future.
Complete the following self-profile to get a picture of you and your money!

INSTRUCTIONS:
Circle the points on the scale that best describes your money management behaviour. Add up your
points, then read the corresponding description below. Be honest with yourself.

It makes me happy to buy things It makes me happy to save

with my money. People describe money. People describe me as

me as a “spender.” a “saver.”

12 3 4 5

I often buy things on impulse. If I I am a bargain hunter. Why pay
see it – and I like it – I buy it. full price if I can get it on sale?

12 3 4 5

I think the money that I earn is I think money that I earn is

money I should spend. money that I should collect for a

special purchase.

12 3 4 5

When I borrow money from I rarely borrow money from
family or friends, I eventually family or friends; but, if I do, I
pay it back.
pay it back immediately.

12 3 4 5

What I need and what I want are What I need and what I want are
pretty much the same thing. completely different.

12 3 4 5

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MONEY MAKES THE WORLD GO ROUND

I’m not too worried about I am already investing my

investing my money yet. money or thinking about when I

I’ll worry about that when will invest.

I’m older. 12 3 4 5

I don’t have a bank account and I know exactly how much money

I’m not really sure how much I have in my bank account.

money I have.

12 3 4 5

I already have, or can’t wait to I don’t really want a credit or
have, my own credit or debit debit card for several more
card. years.

12 3 4 5

I will start saving for my post- I’m currently saving for my post-
secondary education near the secondary education.
end of high school.

12 3 4 5

What was your total?

9 pts. Whoops! Dollars with Sense to the rescue!
10-18 pts. Time to learn some money lessons!
19-27 pts. Things could go either way. Listen up!
28-36 pts. With a little more money management knowledge, you’ll be all set!
37-45 pts. Wow! You’re off to a great start managing your money!

PREPARATION PORTFOLIO 3

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MONEY MAKES THE WORLD GO ROUND

Whose Currency Is It?

INSTRUCTIONS:
As of 2015, there are 168 internationally recognized national currencies. As a global citizen, can you recognize
some of the major global currencies? Match as many of the currencies to their country as you can.

Japan Mexico China Brazil
England Switzerland India Iraq
Russia Germany South Africa

FORM OF CURRENCY COUNTRY
Real
Rupee
Yen
Ruble
Euro
Pound Sterling
Yuan
Dinar
Rand
Peso
Franc

4 DOLLARS WITH SENSE

© JA Canada 2016

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MONEY MAKES THE WORLD GO ROUND

Exploring Different Methods of Payment

What is Cash?

Cash is legal tender issued by the government . It comes in the
form of banknotes or coins and that can be exchanged for goods
and services.

What is a Personal Cheque?

A cheque is an order written on a printed form that directs a payment of
money from a personal bank account. The funds aren’t withdrawn from
the bank account until the cheque clears. This can take up to 10 days.

What is a Debit Card?

A debit card is an electronic card made of plastic. It is issued by a bank
and it allows the account holder to withdraw cash from their bank
account or to use money from their bank account to pay for goods and
services. The funds are immediately withdrawn.

Guaranteed

PREPARATION PORTFOLIO 5

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MONEY MAKES THE WORLD GO ROUND

Exploring Different Methods of Payment (cont’d)

What is a GUARANTEED CHEQUE?

A guaranteed cheque is an order guaranteed by the bank. This ensures
the account from which the cheque was written has enough money.
Banks hold the money until the cheque is cashed; therefore, the recipient
is guaranteed to be paid as the cheque can’t “bounce”.

What is a CREDIT CARD?

A credit card is a plastic card that lets money be borrowed up to the pre-
approved credit limit. The money “borrowed” on the credit card must be
paid back on time or interest will be charged. Credit card holders enter
into a legal agreement with the issuer of the card where the borrowing
conditions are carefully described.

What is an EFT (Electronic Funds Transfer)?

An EFT is an electronic transfer of money from one account to another,
either within a single financial institution or across multiple institutions.
One example is direct deposit, in which payroll is deposited directly into
an employee’s bank account. Depositing directly into someone’s account
eliminates the need for cheques and avoids potential delays caused by
sending payments through regular mail.

6 DOLLARS WITH SENSE

© JA Canada 2016

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MONEY MAKES THE WORLD GO ROUND

What is a MONEY ORDER?

A money order is a pre-paid document that is purchased at the post
office for the transmission of a specific amount of money through the
mail.

If you are unsure of when you would use one of the payment methods, ask your JA volunteer facilitator.

New and Emerging Methods of Payment

What is DIGITAL CURRENCY?

A digital currency is an internet-based medium of exchange not controlled
by any bank. It exists only in cyberspace. No country uses digital currency
as an official mode of payment. Digital currency can be stored in a “digital
wallet.” The wallet is a kind of virtual bank account that allows people to
send or receive money, pay for goods, or save. Unlike a bank account, a
digital wallet is not insured and transactions are not reversible. The supply
of digital currency is regulated only by software and the agreement of users
of the system.

What is MOBILE PAYMENT?

Mobile payment is a means of sending or receiving money through a mobile
device such as a smart phone. Using this technology, a consumer can use a
smart phone to pay for a wide range of goods and services. Mobile payment
is being adopted all over the world.

PREPARATION PORTFOLIO 7

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MONEY MAKES THE WORLD GO ROUND

Avatar Challenge #1 BENEFITS CAUTIONS

Brainstorming Box

Cash
Personal Cheque
Debit Card
Guaranteed Cheque
Credit Card
Electronic Funds Transfer (EFT)
Money Order
Digital Currency

8 DOLLARS WITH SENSE

© JA Canada 2016

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MONEY MAKES THE WORLD GO ROUND

Avatar Challenge #1 (cont’d) DECISION EXPLANATION

Decision Box

Cash
Personal Cheque
Debit Card
Guaranteed Cheque
Credit Card
Electronic Funds Transfer (EFT)
Money Order
Digital Currency

PREPARATION PORTFOLIO 9

1

MONEY MAKES THE WORLD GO ROUND

What Did I Learn?

INSTRUCTIONS:
The purpose of this activity is to think about what you have learned in the first lesson of Dollars with Sense.
Complete this activity on your own. The presenter and your teacher will be reviewing your responses. There
aren’t right or wrong answers; but do take a few minutes to explain what you mean. Use the prompts below
to write down what you have learned.

Money Management Self-Profile It’s All About Teamwork

What did you learn about your money How much did you participate in your team
management behaviour? What will you try to during the brainstorming and decision making
do differently from now on? activities? Why?

What is it Worth? How Will You Pay?

Name one way that money “makes the world What did you learn about different forms of
go round.” money?

10 DOLLARS WITH SENSE

© JA Canada 2016

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MONEY MAKES THE WORLD GO ROUND

Inflation Activity

INSTRUCTIONS:
Does $100 go as far today as it once did? Absolutely not.
But, why?

As more people make more money, more money becomes
available, and the price of items goes up. This is called inflation.

Complete the table below by placing the dollar amounts found at the bottom
of the page in the square you think is best.

1950 1980 TODAY

3 Bedroom
Bungalow

4 Door Sedan

One Litre of Gas

Loaf of Bread

ANSWER CHOICES:

$16,000 $7,200 $1.08 $30,000 $0.05 $2.50
$0.33 $0.51 $365,000 $64,600 $1480 $0.51

PREPARATION PORTFOLIO 1111

LESSON 2

SMART Shopping in an Online World

Why Do We Buy the Things We Buy?

INSTRUCTIONS:
Take turns reading each of the Diary Notes, then match the Diary Notes to the Key Shopping Influence
by placing the correct number(s) of the Shopping Influence beside the Diary Note.

DIARY NOTES FROM A BUSY SHOPPER

iSaWfheensnhetswea’tsiosdwwteIehaaestrhemionrua.glldlIittgsoeatdtowayistow;cnhietsohoolli.mIkeydifdhr.eierWnsidllbKutteaxyitlna.haeSrhdetifowmfaeonrrertnoewtd ttcooolosgueeret.

Can’t wait for the next version of my phone to come out. I love my phone! But I
really want the next version. I would never, ever buy any other kind of phone. This
is the best company to deal with, hands down. Best ever. Love their new com-
mercial. I think it’s about me!

Bought two hats online today. It was a great deal. Buy the first hat for $20 and
get the second one for half price.

Hot tub is broken. We’re going to try to fix it ourselves. We can order the

parts online. Ordering online is fast and easy. It will save a lot of time having
the parts shipped to our house.

O u r w h o l e fa m i l y w e n t c a r s h o p p i n g to d a y . W e te s t d ro v e a fe w. I to l d
D a d w e s h o u l d t e s t d r i v e t h e n e w C o r v et t e . B u t t h e s a l e s g u y ta l k e d D a d
into a new mini-van. Awesome…Not!

msIuDotidumgesunte!cehshUresgienhcggc!irpaotNeshchoeemerwlyyucsacsmskhhc.oeaowmInp’psbtiownnugbaogeswhtotm.sdutNaabhkyisceti.enit!cgIua.twseIhadelsowofssokureipndpsptoaiesslatleaddoc.vhtTeoiorhsebt-ruhweyehwospteiosrktreanecelofhwtoiso?ron2fOu0httshmwofisenoel-rl.,

1 PRICE 2 CONVENIENCE 3 PEERS 4 CELEBRITY STATUS
7 AVAILABILITY
5 BRAND LOYALTY 6 SALES PERSON

What was your last purchase? ______________________________________________
What influenced your decision to buy? _______________________________________

12 DOLLARS WITH SENSE

2

SMART SHOPPING IN AN ONLINE WORLD

Are You a SMART Consumer?

S Stop and Think

This is the time to stop and think about making a consumer decision. This step could take a few minutes, or
much longer. It all depends on the purchase. What are some of the things you should stop and think about?

M Make a Plan

At this point, consider your purchasing options. To make a plan, figure out what information is needed,
how to obtain it, and when a decision needs to be made. What kind of information should you look for?
Why is this information important?

A Ask Questions

Asking questions helps consumers to make better decisions. What questions should you ask yourself or
others before buying an item? Who can you ask for information or advice?

R Review Information

Taking time to review the information with others, helps consumers make better decisions. Do you use this
step when making purchases. Who can help you review the information?

T Take Action

Decide which payment method is the best to use. Make the purchase. When making a purchase, keep the
receipt in case you need to return the item.

PREPARATION PORTFOLIO 1133

2

SMART SHOPPING IN AN ONLINE WORLD

What Did I Learn?

INSTRUCTIONS:
Use the prompts below to write down what you have learned.

Why Do We Buy the Things We Buy? Are You a SMART Consumer?

What did you learn about what influences What SMART strategy could you use before
people (and you too) to make purchases? you make a purchase? Why might that be a
good idea?

Is this Website Safe? Is this Website Safe?

List at least 4 things you can do to keep your Why did we learn about online shopping?
financial transactions safe when shopping What did you learn about protecting your
online. privacy when you are online?

14 DOLLARS WITH SENSE

© JA Canada 2016

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SMART SHOPPING IN AN ONLINE WORLD

Extended Activity: Make SMART Consumer Decisions

SCENARIOS:
1. You want to buy a tablet. You and a friend go to a store to check out the best deals. You don’t know much

about the newest tablets, but your friend has one and she likes it. The salesperson tries to talk you into buying
a different tablet than the one your friend recommends. This one costs a little more but the in-store promotion
includes a free digital watch. What do you do?
2. You want a new backpack for school. The local store has one for $35. You really want it, but it will take you all
of your savings from your allowance. A school friend tells you he has a similar backpack, but not the colour
you want. The friend will sell it to you for only $20. He says it’s only slightly used. What do you do?
3. You see a flyer on the bulletin board at a local store advertising a used laptop computer. You have been
wanting a computer for a long time but could not afford it. You call the number listed and go and look at the
computer. It looks in really good condition, is only a year old, and the owner will take the best offer. What do
you do?
4. Your cousin is taking orders for mega-sized chocolate candy bars and she wants you to buy one. They cost
$5 each, and the money will be used to support school activities. The candy looks a lot like another brand of
chocolate bar that is only $3 at the grocery store. What do you do?
5. You go to a store to buy a new bike. The salesperson informs you if you buy today, you will get a discount. It
will cost more than you wanted to spend, but it looks terrific. The salesperson says the discount is only for
today. What do you do?
6. You got a job painting your neighbour’s fence. You are buying the paint. The white paint she requested is $50 a
gallon. The salesman says there is a cheaper brand of paint that sells for $24 a gallon, but it will take two coats.
What do you do?
7. You want to download a song. Your friends say you should, but your mom says the lyrics are offensive and
not age appropriate. You need her credit card to pay for it. The song only costs $1.29 and you have the money.
What do you do?

PREPARATION PORTFOLIO 15

LESSON 3

Spending, Saving, Sharing

Want to play a fun game that Needs, Wants, and Goals
teaches you about managing
money? Record one need, want, and goal that you have.
Open a browser and search
for Visa’s Financial Soccer Need Want Goal
Game from financialsoccer.ca

Where will the money come from to pay for each of these items?
Need: _______________________________________________________________
Want: _______________________________________________________________
Goal: _______________________________________________________________

How much income do you currently have from doing odd jobs and/or allowance?
_________/week

How much could you plan to save each week to put towards your “want” and “goal?”
________/week

If there are four weeks in a month, how much would you be saving per month?
________/month

Per year?
________

If there is no change in your weekly income, how long until you will be able to afford
your “want” or your “goal”?
____________________________________________________________________

What does “wealth” mean to you?
____________________________________________________________________

16 DOLLARS WITH SENSE

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SPENDING, SAVING, SHARING

A Project Budget Rough Copy

INCOME

Total $
$
EXPENSES $
$
Total $
$
$
$

$
$
$
$
$
$
$
$

PREPARATION PORTFOLIO 17

3

SPENDING, SAVING, SHARING

A Project Budget - Price List

Office supplies PRICE Food & drinks
ITEM $3.77/pack of 50
Medium paper plates Package A: $2/person
Napkins $4.47/pack of 600 Medium Coffee or Tea
Coffee cup Muffin
$0.02 / cup Banana
Prize ribbons
$19.95/pack of 100 Package B: $3/person
Sound system rental (1st, 2nd, 3rd, 4th) Juice Box
Umpire/ref $300 / day Hot Dog
Large garbage bags Bag of Chips
Brown paper bags $25 / game Apple
Large roll of clear
wrap/foil $13.31/pack of 40 Package C: $4/person
Can of pop or bottle of water
$1.99/pack of 50 2 slices of pizza
Yogurt tube
Clear wrap $2.36
Aluminum Foil $6.48

Odds & ends PRICE
ITEM $3.97/pack of 10
Markers 0.50 / sheet
Bristol board $6.99
Hand stamp $3.34 /roll
Duct Tape $1.00
Printing/photocopying $17.99
3mx1m
Award banner

18 DOLLARS WITH SENSE

© JA Canada 2016

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SPENDING, SAVING, SHARING

A Project Budget - Final $
$
INCOME $
$
Total Income $
EXPENSES $
$
Total Expenses $

$
$
$
$
$
$
$
$

Subtract Expenses from Income to find:
Net Income or Loss

Do you have a budget surplus? (A surplus occurs when you have more income than expenses.)
Do you have a budget deficit? (A deficit occurs when you have more expenses than income.)
Do you have a balanced budget? (A balanced budget occurs when income = expenses.)

PREPARATION PORTFOLIO 19

3

SPENDING, SAVING, SHARING

Extended Activity: A Four-Week Budget

Compare your income to your expenses for four weeks.
Is your budget balanced? Compare your budget with a friend’s budget.

INCOME (Money I make) Week 1 Week 2 Week 3 Week 4

Total Income Week 1 Week 2 Week 3 Week 4
EXPENSE (Money I owe)

Total Expenses DOLLARS WITH SENSE
INCOME – EXPENSES
© JA Canada 2016
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3

SPENDING, SAVING, SHARING

Extended Activity: Additional Information on How to Budget

GETTING STARTED
There are many ways to budget – on a day-to-day, week-to-week, or month-to-month basis. When you create
your budget, you can use a spreadsheet on your computer or write it on a sheet of paper. Either way, the sooner
you get started, the better!

FIGURING OUT YOUR INCOME
How much money do you have? Remember, your income can come from many sources – jobs, gifts, allowance,
interest, and investments. If you earn income irregularly, you need to average what you earn to see how much you
have each month.

WHERE DOES YOUR MONEY GO?
What are your expenses? Remember that if you know exactly where your money is going, you can decide if you’re
spending it wisely.
By comparing your estimated expenses with what you are actually spending, you can see if your plan is working.
It’s difficult to keep track of every penny, but you need to know if you are within your spending limits.

CREATING YOUR OWN PLAN
It’s time to put together a spending and savings plan that will help you meet your financial obligations and reach
your goals.
• Keep track of your receipts. When you total your expenses, they should be equal to or less than your income.
• If your first plan is too heavy on expenses, think about which expenses you can reduce.
• Subtract your expenses from your income. Save the remaining money for your goals. Remember too, that

giving at least a little of your money to charities is a worthwhile way to share.

Want to learn more about budgeting, saving, and investing?
Learn the first rule of money management: you can’t manage what you don’t know. Meet
a demolition car racer who budgets for each crash, and a hip hop music producer who
uses budgeting skills to keep his projects on track.
Open a browser and search for BizKids Budgeting Basics video from bizkids.com

PREPARATION PORTFOLIO 21

3

SPENDING, SAVING, SHARING

What Did I Learn?

INSTRUCTIONS:
Use the prompts below to write down what you have learned.

How are needs different from wants? Why is this lesson called “Spending, Saving,
and Sharing”?

How is a goal related to a want?

What is the most difficult thing about making Why should you take the time to make a
a budget? budget?

22 DOLLARS WITH SENSE

© JA Canada 2016

LESSON 4

Make Your Money Work For You

Investment Vehicle Fact Sheet Want to watch a video
about saving money for an
The basic concept of investing is to grow your money. Are some of these investment emergency?
vehicles riskier than others? Find out by reading the information below. Then rank Open a browser and search
the investment vehicles from least risky (1) to most risky (4). for Funny Money Saving
Money for an Emergency from
Canada Savings Bonds getsmarteraboutmoney.ca

• When you buy a bond • If the government goes • Interest is paid After you read about all
you are lending money bankrupt while it has periodically while the 4 investment choices, rank them
to the government for a your money, you lose the government has your based on how risky you think they
specific length of time or money you invested. money. are with #1 being the least risky
term and then, when the and #4 being the most risky. Be
time is up, you get your prepared to explain your rankings.
money back.
#1 (least risky)
GIC (Guaranteed Investment Certificate)
#2
• The bank is using your • The bank gives you a • Y ou can’t withdraw your
money, and in return the pre-determined rate of money for a specific
bank guarantees that you interest for the whole period of time or “term”.
will get back 100% of your term (the rate is lower
original investment. than other investments).

Mutual Funds

• A fund manager pools • A fund may invest in a • I f the fund’s investments #3
your money with lots of combination of bonds, increase in value, then the #4 (most risky)
other investors’ money stocks from large value of the mutual fund
and invests for you. companies, currencies, or goes up; if they decrease
precious metals. in value, then the value
of the mutual fund goes
down.

Stocks • O wning a share of the • I f a company seems to be
company entitles you to doing well, the price of
• When you buy stocks you a portion of the company shares will go up because
buy a piece, or a share, of profit. more people will want to
a company. buy them. If the company
• S hares are bought and is not doing well, the
• The company uses your sold in an auction called price will drop because
money to keep the the “stock exchange.” fewer people will want to
company going. buy the stock.

PREPARATION PORTFOLIO 23

4

MAKE YOUR MONEY WORK FOR YOU

Savings Vehicle Fact Sheet

Just as investment vehicles help you grow money, savings vehicles exist to help you save it. Placing money in
savings vehicles can offer tax benefits and other incentives, usually designed around the specific purpose of the
vehicle. Money in savings vehicles can then be invested in the investment vehicles mentioned on the previous
page to make it grow more quickly.

Tax-Free Savings Account

• You can only invest in a wide range of invested money isn’t
a specific maximum investment options such taxed.
each year set by the as mutual funds, GICs, • W hen you withdraw the
government. stocks, and bonds. money, you do not pay
• Any interest or capital additionanl tax and can
• The money in this gains you make on your always re-contribute it.
account can be invested

Registered Savings Plan (e.g. RRSP* or RESP)

• W hen parents invest in • A student must report • T he money can be
a Registered Education the income when they invested by your parents
Savings Plan the withdraw the money. or by a financial planner
government provides However, it is not in select stocks, bonds,
a top-up grant and the common to have to pay GICs, and/or mutual
money grows tax-free. tax on this income. funds.

*RRSPs are Registered Retirement Savings Plans which are used to save for retirement.
Ask your parents if they have RRSP investments and why.

24 DOLLARS WITH SENSE

© JA Canada 2016

4

MAKE YOUR MONEY WORK FOR YOU

Company Annual Reports

INSTRUCTIONS:
Read the Company Annual Reports below. Circle your favourite companies. Agree as a team which companies to
buy. Remember that you can only buy shares in one company per day.

Totally Tech Tablets Inc. New Frontier Aerospace Company

With a brand new tablet set to launch this fall, Totally This company invests in the future by building space
Tech Tablets Inc. hopes to have 35% of the market stations and space vehicles. With its space station on
share of consumer tablets by the end of the year. This Mars set to open by 2018, the company is currently
Canadian company is showing a $28 million profit for
the fiscal year. Over the last year their stock market booking astro-vacations. The uptake by the travel
industry has been strong. Sales are projected to reach
price has risen by 50%.
$15 million by the end of the year.

Shares are currently selling for $1 each. Shares are currently selling for $5 each.

Amazingly Aromatic Coffee Company Getting Greener Inc.

Canada’s craze for Amazingly Aromatic Coffee cannot Building on the need for wind and solar power, Getting
be contained. This year’s annual report shows, that this Greener Inc. has just released shares for trading on the
stock market. It plans to use the source of new funding
Canadian company is growing quickly. It has opened to expand its operation from coast to coast in Canada.
stores in the U.S. and is now expanding to Europe.
With headquarters in Brazil, this company is a joint This is an up and coming company that should be
venture between the two nations. In order to expand, watched.

more shares are now available for purchase. Share prices are currently selling for $1 each.

Shares are currently selling for $2 per share.

Fantastic Fresh Food for Families Inc. Mining for Millions Company

Watch out for this rapidly expanding company. Minerals and metals are essential in the building of
Fantastic Fresh Food For Families Inc. offers a unique computers, smartphones, vehicles, public transit,
buildings, and green technologies. Mining for Millions
service for busy families by delivering fresh food to has been in the business for over 50 years and is
people’s homes. This company has just released currently mining high-grade silver, zinc, and lead at a
shares for sale in order to generate more revenue for number of sites in northern Canada. The company has
company expansion into all regions of Canada.
experienced rapid growth.
Share prices are currently selling for $2 each.
Stocks are currently selling for $5 each.

PREPARATION PORTFOLIO 25

4

MAKE YOUR MONEY WORK FOR YOU

Stock Exchange Score Sheet

INSTRUCTIONS:

Record the name of the stock that you purchased on each day. Then record how much your stock was worth
on the day you bought it and each day of trading after you bought it.
Note: Although this is not required, you can keep track of the stock price changes for each day in the blue columns.

Day 1 Purchase: ________________________________ Shares:_____________________

Value of Value of Value of Value of Value of How much did
investment: investment: investment: investment: investment: the value of your
END OF DAY 1 END OF DAY 2 END OF DAY 3 END OF DAY 4 END OF DAY 5 investment change?
(+ or –)

$____ /share $____ /share $____ /share $____ /share $____ /share $____ at end of day 5
× ____ shares × ____ shares × ____ shares
× ____ shares × ____ shares – $____ purchase price

= $_______ = $_______ = $_______ = $_______ = $_______ = $______ gain (or loss)

Day 2 Purchase: ________________________________ Shares:_____________________

Value of Value of Value of Value of How much did
investment: investment: investment: investment: the value of your
END OF DAY 2 END OF DAY 3 END OF DAY 4 END OF DAY 5 investment change?
(+ or –)

$____ /share $____ /share $____ /share $____ /share $____ at end of day 5
× ____ shares × ____ shares
× ____ shares × ____ shares – $____ purchase price

= $_______ = $_______ = $_______ = $_______ = $______ gain (or loss)

26 DOLLARS WITH SENSE

© JA Canada 2016

4

MAKE YOUR MONEY WORK FOR YOU

Day 3 Purchase: ________________________________ Shares:_____________________

Value of Value of Value of How much did
investment: investment: investment: the value of your
END OF DAY 3 END OF DAY 4 END OF DAY 5 investment change?
(+ or –)

$____ /share $____ /share $____ /share $____ at end of day 5
× ____ shares
× ____ shares × ____ shares – $____ purchase price

= $_______ = $_______ = $_______ = $______ gain (or loss)

Day 4 Purchase: ________________________________ Shares:_____________________

Value of Value of How much did
investment: investment: the value of your
END OF DAY 4 END OF DAY 5 investment change?
(+ or –)

$____ /share $____ /share $____ at end of day 5
× ____ shares
× ____ shares – $____ purchase price

= $_______ = $_______ = $______ gain (or loss)

Day 5 Purchase: ________________________________ Shares:_____________________

Value of How much did How much money did you invest in total?
investment: the value of your ________________________
END OF DAY 4 investment change? How much money do you have at the end?
(+ or –) _______________________
Did your investments make money or lose money?
$____ /share $____ at end of day 5 _________________
× ____ shares – $____ purchase price

= $_______ = $______ gain (or loss) Which of your investments had the biggest effect on the final
results? ___________________________________________

PREPARATION PORTFOLIO 27

4

MAKE YOUR MONEY WORK FOR YOU

What Did I Learn?

INSTRUCTIONS:
Use the prompts below to write down what you have learned.

Why do people invest their money? Why should you apply SMART methods to
investments?

What is the risk of investing your money?

What did you learn about a form of How was the stock exchange game the
investment that you didn’t know before? same and different from real stock exchange
trading?

28 DOLLARS WITH SENSE

© JA Canada 2016

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Inspiration Guide Inspiration Guide Inspiration Guide Inspiration Guide
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Our Community: A Business of Our Country: Our Business More Than Money
Needs, Jobs, Our Own Technology and World*
Tools
Innovation

MIDDLE

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Economics for Dollars with Sense* Stronger Together:
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for Volunteers and Teachers for Volunteers and Teachers for Volunteers and Teachers for Volunteers and Teachers for Volunteers and Teachers

Be Personal Finance Titan Dream Big Company
Entrepreneurial* Program: A
Student Venture*

Check out www.jacanada.org 29

for more information

PREPARATION PORTFOLIO

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© Junior Achievement of Canada 2016