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Posts Tagged ‘Money’

Financial Literacy Month ?!?!!

thetalk_trains_personal_financeGenerally when people discuss literacy, they think of reading and writing, which are two things supported and encouraged by Big Universe Learning.

There are different types of literacy too.

Did you know April is financial literacy month?

Financial Literacy Month … ????

What is financial literacy?

Why does it have its own month?

Financial Literacy is the ability of one to make appropriate decisions in managing his or her personal finances.

Does that mean counting money?

Does that mean making and sticking to a budget?

Does that mean  being able to compare prices?

Does that mean just making smart decisions when it comes to money?

It means that and so much more!

Financial literacy is an important life skill.

Sharing personal finance lessons with students will prepare them to be financially responsible adults.

The Financial Educators Council is just one of many places providing resources and helpful tips.

They are resources, ideas, and lessons for kids, teenagers, and adults. They also have some interesting PSA posters (that is where the one with this post came from).

Big Universe has some books from Marshall Cavendish Benchmark Books about money.  The nonfiction books from this publisher are known to be visually appealing and authoritative. They strive to meet the needs of readers from kindergarten through high school.

Here are a few of the money-related books:

Thinkfinity also offers many finance-related lessons and interactive games.

Here are a few of their resources:

Big Banks, Piggy Banks

EconEdLink | Lesson Plan | K-5
Understanding the basics of savings and savings institutions.

Exploring Cost and Savings Using Children’s Literature

ReadWriteThink | Lesson Plan | 3-5
Students make sense of dollars and cents when they study the importance of saving and budgeting in this lesson.

The Cost of Being Late

Illuminations | Lesson Plan | 6-8
Learning how to calculate the impact of an outstanding balance and interest rates.

Buying vs. Renting

EconEdLink | Lesson Plan | 9-12
Learn about the basics of buying a home versus renting.

Dollars and Sense: Teach ‘em Young

Big Universe has children's books that help teach the value of money.

Even though prices at the pump are falling, few are naïve enough to think that it signals an end to economic turmoil. We all know we are in a heap of trouble: debt, unemployment, high food prices, spiraling stock value and dwindling savings. Um, did I mention debt?

Somewhere along the line, we adults missed the money lesson, “Dollars and Sense.” We didn’t listen when our mamas told us, “Money doesn’t grow on trees, you know.” Well, I guess it appeared it did for some, but even that greenery is suffering from severe root rot.

I suspect it’s going to take some radical changes to address this blight. We may have trouble digging ourselves out, but there’s still time to teach our children their lessons about financial literacy. Building good habits now may help this generation avoid having to break bad ones later on.

I say start teaching financial literacy young – as soon as the risk of swallowing pennies passes. No, wait! We can start teaching them before that! We can begin by setting a good example at home. We can take our children and grandchildren shopping, show them the grocery list and talk about the value of coins, bills and a personal budget. An allowance presents a framework for teaching lessons on saving, spending and sharing, and a lemonade stand and chores help children draw the link between work and financial reward.

There are many ways to enrich financial literacy lessons at school too: games, books, hands-on activities and even poems. Here is a humorous poem by Shel Silverstein, followed by a nice list of online books about money on Big Universe. For an extensive list of other math books on the website, visit my blog titled “Math Class Need a Makeover? Try Some Good Books.”

Smart

My dad gave me one dollar bill
‘Cause I’m his smartest son,
And I swapped it for two shiny quarters
‘Cause two is more than one!

And then I took the quarters
And traded them to Lou
For three dimes — I guess he don’t know
That three is more than two!

Just then, along came old blind Bates
And just ’cause he can’t see
He gave me four nickles for my three dimes,
And four is more than three!

And I took the nickels to Hiram Coombs
Down at the seed-feed store,
And the fool gave me five pennies for them,
And five is more than four!

And then I went and showed my dad,
And he got red in the cheeks
And closed his eyes and shook his head–
Too proud of me to speak!

- by Shel Silverstein

Books About Money on Big Universe

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