There is growing concern about students who are not competent in handling their personal finances. In recent times, Educators have been encouraging the inclusion of financial literacy in the school curriculum. This site highlights ten (10) reasons why schools should be teaching financial literacy to children. One of the reasons that stands out to me is that children just do not know enough. Teachers have an important role in educating children in their personal finances.
Both teachers and students will appreciate the opportunity to learn online financial literacy games. This site gives a list of the different games along with the links to the different websites to have access to the games. Teachers may encourage parents to play these with their children.
Children’s literature is a powerful tool in teaching children financial literacy. Teachers may incorporate this literature in their lessons. This site gives links to different children’s literature that may be purchased for reasonable prices on Amazon or free downloadable resources, curriculum, and articles that relate to financial literacy. In fact, teachers may encourage parents to read this literature to their children.
Teachers may be happy to receive these activities and lesson plans that will enhance their teaching of financial literacy. This website gives a wide cross-section of simple, interesting activities and lesson plans along with links for different grades from K – 12. Teachers may modify or use these activities and lesson plans as is.
Teaching children to set financial goals is very important in teaching children to be financially literate. Encouraging children to save and not to spend unnecessarily is crucial. From this presentation, it was noteworthy that the teacher taught the students how to calculate the amount they needed to save for a particular item over a period of time. The teacher also showed the difference between long and short term goals. Teachers may model this lesson on financial literacy.
It is so important for children to be financially literate. This article discusses what financial literacy is and the importance of teaching finance-related topics to children, especially K-12 . Teachers are encouraged to teach children about personal finance and assist parents in teaching them to count coins, make change for purchases, and personal budgeting. The site also provides a link to others that focus on teaching financial literacy to tweens and teens.