Financial Literacy for Students

Evoke Learning Financial Literacy for Students

Grade 11–Postsecondary

It’s so easy for young adults to fall into financial traps, and poor decisions about money can take decades to fix. Learning to manage their personal finances now means that students will be prepared when the time comes to set financial goals, follow best practices, and prevent and protect themselves against fraud and financial abuse. Understanding the fundamentals of budgeting, saving, debt, and investing is critical in every part of life, and students require the knowledge and skills for making sound financial decisions, engaging in good saving habits, budgeting, and building a solid credit score.

In high school, students need to develop an understanding of responsible financial management as they prepare for their transition to postsecondary education and enter the workforce. In an information-based economy, higher literacy and numeracy skills are associated with greater employment levels and higher earnings. The earlier we start, the more good habits we create.

Young Adults Are Always Online!

In 2020, the internet became a lifeline for many Canadians— it was where they worked, studied, stayed in touch with friends and family, and increasingly where they shopped. According to a 2014 study,Young Canadians in a Wired World, Canadian youth are making better judgement calls when it comes to protecting their online identities; however, they lack understanding in key areas of online privacy. Young adults spend a lot of time online where they are the frequent target of financial scams, such as merchandise fraud(marketing counterfeit goods) and invitations to invest in “great opportunities” (Ponzi schemes). It’s important for them to learn to protect themselves from financial scams and to be more aware of suchtraps.

Evoke Learning Financial Literacy

Financial Literacy for Neurodiverse Learners

Acquiring financial literacy can present many unique challenges for young adults with learning disabilities—including ADHD—who often face barriers to financial literacy.This program is especially helpful to individuals who are transitioning to postsecondary education and/or students with ADHD who may find managing finances particularly difficult due to challenges with procrastination, disorganization, and impulsivity. Evoke’s financial literacy curriculum includes examples, scaffolding, and multiple strategies for teaching financial literacy concepts in diverse formats and modalities.

Becoming Financially Savvy

Evoke’s financial literacy program will teach young adults to:

  • Create a personal budget
  • Learn how to save money
  • Understand how borrowing and credit work
  • Set financial goals
  • Understand the difference between want and need
  • Keep their money safe and protect themselves from fraud
  • Understand how to establish good credit and manage it
  • Make financial decisions
  • Understand how taxes work
  • Shop online wisely


How long is the financial literacy program?

Evoke’s financial literacy program is delivered over 8 to 10 sessions, depending on the needs and goals of the student. As the program is delivered one-to-one and online, flexibility is offered in terms of the length of sessions and when they are delivered.

Does the program include resources that can be referred to at another time?

Students will be provided with access to additional resources to help them make financial literacy choices, budget and plan, review their credit score, invest, save, and more! Some of these resources include apps that are helpful for managing finances.

When is your program offered?

Students can participate in Evoke’s financial literacy program during the school year: however, some choose to engage in the program over the summer months, when school is finished. While it is always recommended to start sooner rather than later, some students choose to incorporate the skills into their overall plan to transition into the workforce, save for their postsecondary education, or transition to college or university.

Why is it particularly important for young adults with ADHD to learn financial literacy before adulthood?

As young adults transition into adulthood, the consequences of any kind of reckless spending habits can become more severe. ADHD touches every part of a person’s life, from school to relationships and financial health. Adults with ADHD are more likely to go into debt, impulsively spend, live paycheque to paycheque, and argue about money with their partner. ADHD is often accompanied by a lack of long-term planning and saving up, which can be extremely hard for people with ADHD because they expect big results right away. Lack of impulse control is one of the main characteristics of ADHD and adults with ADHD are far more likely to engage in risky financial behaviour. Impulsivity impacts financially struggling adults with ADHD the most and this can have a negative impact on both their emotional and physical well-being. Early intervention and learning can improve financial independenceand better money management for young adults with ADHD as they mature.

My childcompleted high school. They have ADHDandareunsure of what they want to do in postsecondary school, so theyare working for the time being. Would this program be helpful?

Absolutely! The leap from high school into young adulthood can be challenging for neurodiverse learners. Research tells us that individuals with ADHD can experience a three to five-year delay in brain maturation and executive function skills. This means they may not be developmentally ready to meet the demands of this transition, which may feel overwhelming. There is no one-size-fits-all approach to life at any age. All young adults benefit from financial literacy and although they may not be clear on what they would like to do in the immediate future, taking the time to think through what engages them, while at the same time establishing some personal and financial goals,will only benefit them in the long run.