FL10.2

Examine the influence that finances have on well-being.

Indicators for this outcome
(a) Explore ways to gather, interpret and utilize information to make responsible financial decisions.
(b) Explore how financial security can have a positive influence on personal mental health and well-being.
(c) Explore how accessing high-risk financial loans (e.g., payday loans, cash advances) can impact mental health.
(d) Describe the financial pressures that may be created by accessing credit cards, credit lines and loans.
(e) Explore the potentially addictive nature of spending and its connection to financial and mental wellness.
(f) Investigate resources, services and programs (e.g., debt consolidation, financial advice, credit counselling, addictions counselling) to support and address financial challenges.
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