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When it comes to saving and investing, there is no “chicken and egg” dilemma. You don’t have to wonder which comes first. You can’t invest if you don’t have savings. Once you have savings, you can make decisions about how to invest them.
With any money you get, you will have some basic choices in how it is used. You can spend it, save it, pay taxes, or give some away.
Download ModuleThis lesson can be used as a companion to Module 13 of Indigenous Peoples’ Money and Youth – Putting Your Money to Work: Saving and Investing.
This Teacher’s Guide contains relevant subjects and topics, background information, outcomes, implementation time, teaching and learning strategies, evaluation, modifications or suggestions for different learners, additional related links and possible activities.
Download Teacher's GuideThis Caregiver’s Guide can be used to support young people as they read Module 13 of Indigenous Peoples’ Money and Youth – Putting Your Money to Work: Saving and Investing.
This Caregiver’s Guide is designed to give you some of the tools and resources you need to effectively engage with and support young people who are working through the module. This guide includes an overview of why the module is important for young people, ways you can engage with them and fun activities related to the content, and links to additional background and resources.
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Nothing is more frustrating than working very hard to achieve something and then losing it. The same is true in the world of money. Part of good financial planning is to plan for things that may go wrong – and to protect the things you care about most. This includes the relationships in your life and your family members. And it can include the material things – a home, cottage, car, boat, etc.
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We hope we have helped you to be in a better position to “take action and take control” of your money and your financial affairs. It is certainly more challenging today than it was in the past to manage money and make good “money decisions” – and it may get more challenging in the future.
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