Financial Literacy

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Financial Literacy

Melanie Conrad
As a home school supervising teacher within the public school setting, I have contact with students of all ages (preschool through grade 12). Financial Literacy is a popular curriculum inquiry when we meet with families to determine educational goals for their students. Our library contains a variety of resources families can use to incorporate lessons on financial literacy topics within their homeschool curriculum. To further encourage financial literacy in our program, one possibility would be to offer enrichment classes that explore money management concepts appropriate to a particular age group. For instance, for junior high and high school student, the focus could be on saving for college, buying a car, basic living expenses, etc. Activities could include a simulated bank account, budget item guidelines, and long term goals. For elementary age students, a unit on earning and saving money would be fun. They could create a business, make decisions on how to save and spend money, and learn about setting up a bank account in their own name. For early learners, it would be fun to set up a grocery store complete with a cash register and food items to buy. Students could experience different roles (cashier, customer, bakery worker, stock person, etc.). They could practice skills of counting money, placing orders, making lists, deciding what to buy, and making change.