Financial Literacy
Financial literacy is the confident understanding of concepts including saving, investing and debt that leads to an overall sense of financial well-being and self-trust. According to the US Financial Literacy and Education Commission, there are 5 principles of financial literacy:
1. Earn
2. Save and invest
3. Protect
4. Spend
5. Borrow
Inquiry based learning
Students enjoy a student centered, engaging approach to the discovery and exploration of this skill.
Cross curricular
Each lesson has cross curricular links as well as links to national objectives/standards allowing for seamless integration into your daily curriculum.
Multiple lessons
This skill comes with a fully stacked resource pack including detailed plans, flipcharts, resources, useful links and feedback tools.
Training
Take the opportunity to train with like minded educators around the world by joining our 21 Skills Hub global community.
What will children learn?
In this skill, students will learn the meaning of ‘finance’ and a brief history of money. They will then explore the differences between a person’s needs versus their wants and learn about long and short – term goals and how to set them.
Students will also learn about budgeting, smart spending and banking. All important skills that will greatly benefit them in the real world.
Cross curricular links
PSHE link
Living in the wider world
KS1 – Economic wellbeing: Money
L10 – what money is; forms that money comes in; that money comes from different sources
KS2 – Economic wellbeing: Money
L18 – to recognise that people have different attitudes towards saving and spending money; what influences people’s decisions; what makes something ‘good value for money.’
Free Growth Mindset Resource
Teaching resources that include:
- differentiated lesson plan with flip chart
- planned activities
- assembly flip chart
- display banner
- 21 Skills poster
“Financial education is more valuable than money”
Mac Duke, Business Strategist
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