A program offered at the Estevan Comprehensive School (ECS) that has helped students be more prepared to handle their money as an adult will soon become a part of the provincial curriculum.

Gordon Wyant, Deputy Premier and Saskatchewan Education Minister, announced earlier this week that the writing for new financial literacy courses will begin this April, with the pilot program starting next school year and full implementation ready as early as September 2019.

In Estevan, 'Personal Finance 30' is an elective class locally developed and taught by Josh Leblanc, the Business Education teacher at the ECS for the last six years to give students more knowledge of their current financial challenges and how to prepare for more situations as an adult.

"When you look at personal finance, it's a set of skills," expressed Leblanc on Thursday morning following the release. "It's budgeting skills, it's understanding money, it's how to handle the income that you have."

"Something as simple as living within your means, because most people don't understand how to live within your means and still have money for savings." Josh Leblanc Teaching 2018'Personal Finance 30' Has Been Taught At ECS Since 2012.

The elective course at ECS utilizes budgeting exercises using real-life numbers and examples that the students themselves are currently in.

"We do exercises around parents opening up bank accounts for their kids. And we go through the process and all of a sudden students realize that they are paying an extra $13-$15/month just for using their debit card. They don't realize that there are accounts out there offered by the banks for students specifically that offer reduced fees, reduced rates on usage, transaction fees, and so on," adds Leblanc.

"The kids realize they are spending extra money when they don't have to and through these exercises, things like this are being found and changed. And parents come back to us to say thanks and they wish they had a program like this when they were in school."

The Saskatchewan Chamber of Commerce has been a strong advocate for Youth Financial Literacy as part of the K-12 curriculum for a number of years and applauded the March 27th announcement in a release.

"Making sure that Saskatchewan’s youth are equipped with the skills and knowledge they need to make responsible financial decisions now and for the future is vital," said Steve McLellan, CEO of the Saskatchewan Chamber of Commerce. "Having a Financial Literacy component in the Saskatchewan school curriculum has been a policy priority for the Chamber for a long time and we are thrilled that this important step has been taken to prepare school graduates.”

That sentiment was echoed by Leblanc, who agrees that it's always beneficial to learn these skills at a younger age.

"I think that it's an amazing move and that it's going to help students in the future," expressed Leblanc. "We know that debt loads are continuing to become a concern, so being able to help students identify early how to handle their money, what they need to know, and how to allocate their money will be very beneficial for the future."

The new financial literacy curriculum is being developed for Grade 11 and 12 students. However, middle-school teachers (Grade 7-9) will also be able to introduce their students to financial literacy topics using the modules in the middle-level practical and applied arts courses.

More Local News

The EPS Make One Arrest for Assault Last Night

The Estevan Police Service was busy making the rounds last night, The intense hockey game kept most peoples attention for the night however there were a few incidents of note. Sgt.Tyler McMillan.…

Saskatchewan's Population On The Rise

The population in Saskatchewan is on the rise and has been since at least 2007. The population grew by 11,459 people in 2018 to 1,168,423 according to new figures released by Statistics Canada. The…

100 Kids Who Care Growing In Popularity

100 Kids Who Care are stronger together and the children are making a big impact right here in our community. Brooke Spagrud with how the last meeting went, "We had 39 to 40 kids, but one thing we…

Southeast College Holding Speed Networking Event For Students And Business Leaders

The Southeast College is trying something new and holding a speed networking event here in the energy city. It's being billed as an opportunity to meet with local business leaders and work on their…

Rafferty Rumble Gearing Up For Exciting Summer

The Rafferty Rumble is gearing up for a summer of excitement and entertainment. Josh LeBlanc Head Organizer of the Rafferty Rumble, "The Rafferty Rumble will take place from July 26th to the 28th,…

Sidhu Sentenced To Eight Years In Prison

Families and friends of the Broncos, most adorned in Broncos jerseys bearing their family names, gathered once again in the makeshift courtroom at the Kerry Vickar Centre in Melfort to learn the fate…

Southeast Cornerstone School Division Underfunded Again in Provincial Budget

Reactions continuing to come in from those impacted by the 2019 Provincial Budget released yesterday. Chief Financial Officer with the Southeast Cornerstone Public School Division Shelley Toth said…

Police Broke Up Some Fights Last Night

The Estevan Police Service had their fair share of fights to break up last night. Police were called to a local business parking lot to a report of a fight between four males and a female. Police…

Roman Catholic School Division Seeks To Grow Truth And Reconciliation

The Holy Family has been committed to growing Truth and Reconciliation within their school division. Superintendent Terry Jordens, "We've been working with Truth and Reconciliation for a number of…

St. Mary's School Celebrates Rock Your Socks

Rock Your Socks is a program that many throughout the Energy City continue to participate in each year, to bring awareness to Down Syndrome Awareness Day. Special Olympics Active Start and…

DiscoverEstevan.com is Estevan's only source for community news and information such as weather and classifieds.

Search the Biz Guide

Login