Here is an article recently published in Primary Teacher Update exploring how primary teachers can teach younger children about money.
Summary
However you approach financial literacy, remember the three essential
elements – make it Relevant, Appropriate and Fun.
Teaching children about money does not have to be complicated, full of difficult maths or require you to be an expert.
Helping them develop the essential life skill of managing their money is both rewarding and enjoyable. It is also worth remembering that one day their taxes will be paying for your pension!
Resources available
A good place to start is the pfeg website (www.pfeg.org.uk). This is a charity set up specifically to help teachers deliver financial education. It can provide guidance, materials and even experts to come and visit the school. All the recommended resources have been assessed and passed as fit for use in the classroom.
Many high street banks and building societies offer financial literacy programmes. It can be helpful to have a member of their staff visit and talk about what they do. Be careful, however, that they are promoting your agenda as well as their own.
The Financial Fairy Tales are a series of books accompanied by activities and a teachers’ guide. They are designed to make learning about money fun by presenting values and techniques through stories and activities.
A free story and sample materials are available to readers from
www.thefinancialfairytales.com/ schools.
Please share with your colleagues and feel free to leave your comments. The full article can be downloaded below:
