Embedded Files
Overview
Overview
Your student will be learning:
- that the money they receive for an allowance can be spent, saved or shared.
- fixed expenses must be paid regularly and other expenses are variable expenses.
- you calculate profit by subtracting receipts from expenses.
- what a financial institution is and how you use them.
Resources
Resources
- Videos
- What is a bank? Lessons in Money for Kids. This 3-minute video gives information about banks and how they can help you.
- Saving and Investing for Your Future. This video explores the power of starting a savings plan early in life.
- Free Apps
Green$treets: Unleash the Loot!
Green$treets: Unleash the Loot!
Your child can earn and learn to budget their money.
P2K Money
P2K Money
This app allows your child to set up a personal budget.
Big Start
Big Start
This an exciting game that teaches your child how to save, share, and spend money that is earned.
Renegade Buggies
Renegade Buggies
This is a virtual shopping game in which players are rewarded for making smart decisions.
Celebrity Calamity
Celebrity Calamity
Your child can exercise their money management skills to keep their star from financial calamity!
- Websites
- Practical Money Skills. This financial literacy website has several games on PFL, saving/spending, budgeting, and financial vocabulary.
- Determining Your Budget. Themint.org allows students to practice setting up and balancing a budget online.
- Books
- If You Made a Million by David M. Schwartz. The author explains earning, spending, and saving money.
- Monster Money Book by Loreen Leedy. This book takes your child through the process of managing money.
- Save, Spend, or Donate?: A Book About Managing Money by Nancy Loewen. This is a story about a brother and sister who learn how to manage money.
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