Financial Literacy Version 1 | Family and Community Learning

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About

This Family and Community Learning (FCL) is about financial literacy and introducing the concept of money and saving to children. This FCL is for families with children ages 5-8 and each session should be about 2 hours long. Facilitators should encourage adults to ask what the children are seeing, hearing, and experiencing. This will extend the activities and encourage creativity and exploration. The topics covered in this series are:

Workshop 1: What is Money?
Workshop 2: Needs VS Wants
Workshop 3: Saving VS Spending
Workshop 4: One for Now, One for Later, One to Share

Credits: Created by WQED. Sponsored by Willis Towers Watson.

Standards

Kindergarten–Grade 2 Standards

17.1.K-2.A Identify short-term financial goals and steps people can take to achieve them.

17.1.K-2.B Explain how limited personal financial resources affect the choices people make.

17.1.K-2.C Describe how friends and family can impact a person’s attitudes toward money.


Grade 3 Standards

17.1.3-5.A Describe reasons people set financial goals.

17.1.3-5.B Identify the opportunity cost of various financial decisions, including ones related to earning, spending, and saving.

17.1.3-5.C Explain how life circumstances and experiences can alter attitudes toward money.

17.1.3-5.D Identify financial decisions people make that may not be in their best interest.

17.1.3-5.E Describe conversations people have about money.